Topic: BLOCKCHAIN account- Newbie - how to get one? (Read 619 times)

SEPA (Single Euro Payments Area) transfers are typically only available within the EU and only for the EURO currency. Since the United Kingdom is no longer a member of the EU, it is important for the OP to confirm with his bank whether SEPA transfers are possible. (I'm just assuming he is from the UK since he mentioned Pounds.)

The currency you have is bitcoin. There is no "euro bitcoin" or "pound bitcoin". There is just bitcoin. If you want to sell bitcoin for GBP, then you should select that you want to receive GBP.

I have absolutely no idea how the UK banking system works, but I would be surprised if someone can transfer you EUR and your bank automatically changes it in to GBP. Rather, you would need to trade with someone in the UK who already has a UK bank account. Maybe I'm wrong though.

I know you are being more than helpful, thank you for that, but it is still very confusing. I want to keep it very straightforward, ive decided i just want rid of it, as this currancy isnt for me ( i will not be using that casino again )

I dont know what currancy is it, i know they the casino is in euro ..and i want UK pounds into my bank account.

As for trader and exact price want to sell...im not that bothered really, happy to pay a small fee for the current rate of exchange. All this contracts limits...really is confusing ..do i have to do all that. 

If your saying, Euro, then i will pick SEPA Transfers then..and ...assume..the bank transfers it automatically into my bank account into pounds.

Ok,  bank transfer I pick.  Ok, got it I will look for that.

Hosse -you mentioned - BNB - and to change to whatever currency...well like say, it 'was' Euro on the site...i want pounds...but, will assume i keep it too euro and let the 'bank' automatically work it out...right.

Before you create an offer, search for existing offers from other people looking to buy bitcoin. You will probably do better picking an already existing offer from a reputable trader, as opposed to a brand new account posting an offer with no trading history.

The first box in HodlHodl is the price you want to sell at. You an either choose an exact number (e.g. I want to sell at a rate of 16,000 EUR per BTC), or you can choose to fix your rate to the current market price (e.g. I want to sell at the current price per EUR on Binance, + 1%).

You then set your contract limits - how small or large a trade you would be willing to accept.

If you are dealing in EUR, then I assume you would pick European SEPA transfers, but I can't confirm.

The currency for the amount will be the same currency as however you have priced what you want to sell in the first box. If you price it in EUR, then you will choose an amount in EUR, and not in BNB (which is another altcoin you want nothing to do with).

Once you confirm your payment method as a bank transfer, you should put your bank details in to the "Payment details" box. There will be a question mark symbol next to these boxes you can click on to get more info. You can also get more info about the whole process here: https://hodlhodl.com/pages/faq#what_does_offer_mean

Forget about the casino. You withdrew bitcoin, not fiat. Now you have bitcoin and you can sell it for any currency you want.


Isn't the currency set to BNB?
As said, you should change the "Currency" to the currency you want change your bitcoin to.

Thank you all for explaining.

Must say i do not like the idea of meeting re bitcoin / shame i cannot see a bitcoing atm..now that would be great.

I wont keep emailing - famous last words - i only have a small amount, and i do want this amount into my bank account.

SO - i joined HodlHodle - aware one at least has said has no experience of it but,  ..and im really hoping here..this is all very straightforward..a..little trusting perhaps...but such a low amount really..

HodlHodl,

To SELL,

CURRENCY -  so...whart is it...mine was Euro from casino..now its all numbers....but...do i put down euro?

PAYMENT METHOD - well thats a biggie...long list....i see a couple of banks there TSL i think...but didnt see mine....so....which do i pick?

AMOUNT  - states BNB   ( so...i want sell around 200euro )


SO......what do i type in....and then....i press the button..and someone will decide to accept? ( see if they have a good history etc ( watch a little on youtube )....and...thats it. A few clicks, agree trade etc,  bobs your uncles I have cash into my bank account?

( i havent put in my bank details? )


So..Im guessing..its not the simple? or..is it?

You're not expected to know all this. Take your time and read reputable sources of information (not YouTube) before you decide how to proceed. There is no rush.

Because everything is public as I said above, Coinbase can look at your coins and see where they came from. And because Coinbase maliciously decide that bitcoin which come from a casino are somehow "tainted", then you may run in to problems if you try to use them.

Banks which say they don't deal with bitcoin usually mean they will not send or receive money from known bitcoin services, such as Coinbase or Binance. As I said above, they do not know if you sold bitcoin to another person based on simply receiving a bank transfer from another individual's account, unless the individual labels it as such.

It's up to you, but I strongly advise everyone to avoid centralized exchanges like Coinbase. Handing your personal information and KYC documents to a complete stranger is never safe, and as above, they may decide simply to freeze your account with your coins inside because your coins came from a casino.

Using a platform that requires KYC procedures, like Coinbase, can be seen as more trustworthy because it means that the platform is following regulations and has a verified process for verifying the identity of its users. However, this may not be true for all platforms. For example, Binance or KuCoin have been known to operate without KYC procedures for smaller deposit amounts and still have a large user base. In fact, Binance is one of the most popular exchanges in the world. On the other hand, there were some fully regulated exchanges, such as the infamous FTX Exchange, that have gone out of business due to poor security and a lack of transparency in their operations.

Let me try to explain this. For the majority of bitcoiners, a bitcoin is a bitcoin regardless of its origin, unless it was obtained through illegal means such as the black market or hacking. However, centralized services like exchanges may have their own policies in place, including requirements for identity verification and proof of funds, which may include compliance with local laws and regulations based on the country in which the exchange is registered. Like most other centralized exchanges, Coinbase is regulated and licensed to operate as a money transmitter in various jurisdictions, including the U.S. and Europe. As such, they are required to verify the identities of their customers and may request identification documents or other information. If you want to trade bitcoin on these exchanges, you must follow their rules. (It is essential to carefully review their terms of use before using these services.)


I am not familiar with HodlHodl, as I have never used them. I usually use a local exchange to transfer fiat to my bank account. If I need cash without too much hassle, I just find someone in my area who wants to trade in person and we meet up at a coffee shop or other public place to complete the trade. Is that something that you could do as well? Since a few hundred pounds is not a large amount, it should not be difficult for you to find a buyer in your local area. Have you tried posting on your local board on this forum? If you are willing to disclose your approximate location, that could be a good place to start. If you prefer complete anonymity, you could also consider using a Bitcoin ATM. There are many options available for selling bitcoin, as it has been around for over a decade and has spread to virtually every part of the world.

( thanks once again reply, i see your replying as i type etc sorry about that )

OK, well thats good to know then, that chances are it wont disappear or be held up once it is sent. I say the bank doesnt deal with bitcoin..im likley mistaken, its a highstreet bank and perhaps just meaning some transactions etc..

ACTUALLY, thinking about it, surely it would make more trusted sense to go with Coinbase / where you need KYC...because thats more trusting isnt it.

Oh right re transparency...so its really open isnt it for misuse then..maybe its a good thing who knows...seems to be working highs and lows...from what reading at a low right now, so expecting a high soon. ( i realise im not getting the hang of this at all )

Ok, so posted there, whilst you kindly posted a reply.

SO, escrow - but HodlHodl has it built in - this is very confusing..how am I meant to know all this and what to pick.  I dont want giftcards etc...just want to see..£100 in my current account at this stage.

Coinbase is out then?  because of it being casino funds.  BUT...WHY - ( Is this really an issue..that even though this is now my legit monies  it's still suspect because came from a casino? ..isnt it just a series of numbers now? )


( i must refrain from replying all the time , sorry for doing so, but one email reply leads to another...even your reply of,. protects being scammed etc,  and built in enscrow.   Can i not just sign up HodleHodle, type in my bank details...click a few buttons, send..£100 bitcoins...and receive into my bank account £100. simple as that? )

I have no experience with "DanskaBank", but when you are trading peer to peer using a bank transfer then the money is sent from the other party's bank account directly to your bank account. It does not come from a centralized bitcoin company or exchange. All your bank will see is a standard transfer from one individual to another. Provided the other party doesn't label the transaction as "Bitcoin" or something like that, then your bank will have no idea what the payment for.

Oh my goodness this is not straightforward.

I have been looking on hodelhodel and youtube info.

Can i just confirm. IF -i succeed in transferring a small amount say, £100 of bitcoin - as test - once the 'contract' between the buyer is made ( and assuming i ..put in the correct number - how much is £100..i mean it jumps up and down for a start? ) ....D i put in my bank details. I am with DanskaBank. I'm sure i read they dont deal with bitcoins etc - but they are the same as most high street banks, barclays, santander ( i think i have an old santander account i could re-setup perhaps ).....BUT...is is a simople case of, the 'buyer'/contract etc goes through ( in minutes it appears ), accepts me £100 bitcoin..and that goes directly into my Danska bank account - which i can then view on my mobile to see, yep, theres the £100 ( a fee deducated..i think the site says 0.03% or something ).

OR..can something go wrong. The bank declines?  

If you are willing to change it for gift cards to somewhere you would be spending cash anyway, then buying gift cards via somewhere like Bitrefill will be a very easy and straightforward option for you. If you want to swap it for actual fiat, then you would be best served doing it via an escrow. You send the bitcoin to an escrow, the other party sends you the fiat, then once you've confirmed you've received the fiat, the escrow releases the bitcoin. This protects you from being scammed (provided you choose a reputable and trustworthy escrow). The two other sites I listed above (HodlHodl and AgoraDesk) have built in escrow functionality.

The very nature of bitcoin is that every transaction is public. By telling us exactly how much you received, I can easily perform a search for any transactions involving that exact amount over the last 7 days. Yours was the only one. To protect your privacy in the future, be less specific with the values you are talking about.

Thank you all for your replies.

I am still 'buzzing' that i have bitcoin actually as I really didnt expect ever to receive. My 2nd withdrawal is still pending..but thats my nature to be suspect I suppose which leads a lot! of messages.

I will try and refrain from clogging up this forum, and ok I will not go with a 2nd wallet names, as youve said, this one working ok.


I will be re-reading about converting then. A little put off by some of your comments...particularly saying, ...as it comes from casino...suspect etc... i thought now that these 'numbers' are all mine..then its as good as anyones bitcoin. And i can spend it, convert it, and it will be accepted.  All this about 'trusting someone' re changing for cash etc....a bit of a worry, I was hoping the worry part is over with. I have my monies, and i can just convert it - for a fee - to 'cash' and appears in my bank account.

Also, one comment there, from OELEO, saying, ' i can see your output..etc'  - now ive nothing to hide..but not too keen on people able to see?  

I did intend to carry on with the slots, wining a little more as I waited for my withdrawals ( thinking never gonna get the monies anyway ) , thinking i can with luck withdraw a little more over time -unless runs out / or I ( foolishly ) deposit some more cash in....but some of the recent comments are a little worrying.

At this stage, i want to just cash out a couple hundred, and perhaps cash out again if they accept my 2nd withdrawal - and proceed like that.

thanks re update on Electcash..OK..steer clear...seemed all legit and reading youtube comments all positive...but ok, no need for that then.

There is really no reason to create one additional wallet. Your Electrum wallet can generate as many addresses as you need. You begin with 20. You can safely withdraw coins to any of the addresses in your "Addresses" tab on Electrum as long as you have the correct seed/private keys, which is a requirement for spending your BTC. Compare it with the cash you carry in your physical wallet. You are not going to have one wallet for your 1st £100 bill, a second one that carries the other £100 bill, and a third one for your 10s and 20s.   

It's good that you are asking questions. Some beginners make serious mistakes and only then ask what did I do wrong? As mentioned above, forget about ElectrumCASH and don't send your coins to someone before understanding the risks.
   
As long as there are alternatives where you don't have to, consider them first. Would you be comfortable sending me a copy of your passport, a bank statement, and a picture of a utility bill as proof of address? You probably wouldn't, right? Sending the same things for KYC purposes to a company that holds countless of personal records is not safer if you consider how many of them have been hacked, leaked the data, or sold it to other scammers on the black market.

Absolutely fine, you can have as many wallets as you want. But if you want to move bitcoin between the wallets, you will need to make a transaction and pay the transaction fee. I don't really see anything to be gained by you setting up another new wallet now. Your current set up seems to be working fine.

No, you don't. This is a wallet for a completely different cryptocurrency called BCash, which is not bitcoin and is generally set up to scam newbies such as yourself in to buying this fake not bitcoin. You do not need to download any software in order to sell your bitcoin.

It is much safer for you if you don't start sending your ID to random websites or internet strangers. Check out the links I gave above about where to start.

Electrumcash is a wallet for Bitcoin Cash which mean there's no relation if you don't have any Bitcoin Cash.

There's many exchanges out there, centralized exchange (need KYC) maybe like Binance, Kucoin, Coinbase, Kraken etc. Decentralized exchange or P2P platform e.g. Bisq, localcryptos, or hodlhodl.

Since you said your funds come from casino, it's better to use decentralized exchange because you might have a problem with centralized exchange since casino funds is a high illicit money.

You can do conversions using this site: http://preev.com/btc/gbp

Currently, that is worth £307.

I can see your output on block explorers, and it already has >400 confirmations. It cannot disappear until you spend it.

If you are not planning on trading long term and are just looking for a single one off trade, then your best bet will probably be to find a reputable and trusted person on either the currency exchange board of this forum or on a peer to peer marketplace such as HodlHodl or AgoraDesk. I would of course suggest that instead you hold the bitcoin long term, or even you just spend it directly with any local merchants who accept bitcoin, or use it to buy gift cards at somewhere like Bitrefill.

HI decodx

two further questions to ask then shortly.  (  I am liking having this bitcoin, but find it a little...stressful ( too strong a word )..but checking the 'markets' I mean you could lose the lot over night!! but quite like the 'fun' of seeing the price rise a little (low though isnt it compared to even Oct.  I will definately want to keep a small amount in my wallet though I think hould the other withdrawal be processed ).

Decodx, I do not wish to share the casinos name ( isnt it just as well, seeing as for a few messages there i was less than impressed with them!!! and turns out it was my error ), but also I can never ever recommend a site to anyone. It's a mugs game.  I enjoy slots, lotto and the like but i cannot really afford too, i justify it to myself because its my 'treat', im not one for going to the pub, spending a tenner on a drink or even take-aways or meals out. Each to their own i guess. I lose more than win, as previously mentioned i am on Gamstop - hence turning to 'casinos not on gamstop'.  But, as also mentioned a few times, the casino is among a long list of 'out of the box sites' - same games, same stock emails/registration processes - previously listed a few, plenty more. Not sure how it works.

As to my questions then , if anyone could advise.

My Electrum wallet. As i made the mistake going into the wrong wallet name, I think i will make a new one. ( i have the 12 words written down for both previous wallets..but as they were really me working it out as i go along' i think i might do another..in the hope i might have future winnings seeing as now appears simple process to withdraw- if the casino stays good. )

Going in, front screen, passoword for current wallet name or 'create new wallet'.  SO, its ok isnt it...i create new wallet..i dont want to mess about much/lost the monies in there...but i create new, and get 12 new words i guess. AND THEN, do i use that 'seed method' again. 

And, thats it. It's ok to have several wallets, i can skip between?

My final question is,  and it is final honestly!  - so......I want to now convert say £200 bitcoins into cash and i want to put this cash into my bank account ( i take it all banks will accept ).

I have been looking on this forum  /on youtube ( people expect that you know things even an idiots guide ).

Apparently i need to download a ElectrumCASH wallet? something like that?

and then theres this peer to peer.   

I dont mind joining something, sending my ID etc..i fully expect to do that seeing as dealing now with cash in the long run, so can i please get advise and where to start.

I dont want anything complicated ( note my misakes with the wallets! ), literally, just want to get £200 worth of my bitcoin into cash so i can then put it into my mastercard/bank account. And then, do it again once i get another withdrawal....and with luck..any future winnings do the same.

THANKS again for your time and advice. ( has the bitcoin moved up or down in the time i wrote this message!! i will check!! )

I'm glad it all worked out for you in the end. Congratulations on your first bitcoin payment, by the way! 

Can we finally find out which casino it was? (I assume that there is no reason to hide that information anymore, and it could help other forum members who may find themselves in a similar situation as you.)


Depends on your perspective. For some people, a few hundred dollars might not seem like a lot of money. However, it's generally a good idea to exchange a smaller amount first to test the waters before exchanging a larger sum. This can help ensure that everything goes smoothly.

Yes I see that Hoss, sorry again for messing about.

( Aware i have posted 50 posts!...but i have learnt a bit thanks to forum members. Ok, so i made a silly error with the 2 wallets..but bare in mind i didnt want bitcoin in first place so all very very annoying. )

but - proved wrong i guess..the casino..was telling me the truth ( thereabouts )..see first if i can get other monies.

OK - I have requsted a further final withdrawal.

SO...i am very happy right now!...play a few more slots, might win a little more. I take it, i can withdraw what i want onto an 'address' ( im getting way ahead of myself..its Friday and i have bitcoin!! ).

I will bug the forum re how i can peer to peer and fiat ( thats a car right? ) ...once i get the next withdrawal then.

Better to withdraw to cash..smaller amounts?   only talking few hundred unless lucky on the slots of course! feel lucky now!!

 

Right.
21.96217 mBTC equals to 0.02196217 BTC. Each bitcoin is now worth around £13,900. So, you have around £306 worth of bitcoin.

There's nothing to worry about.

You can use the same address or go to "Addresses" tab and pick a new one.


No problem.
I noticed you edited your post after I made the reply. I deleted my post, since it wasn't relevant to the edited version of your post.

SORRY for wasting your time Hoss, i just re-edit that last email - THANKS for the reply as confirms what I was trying to understand.

 I WAS THE ONE who was going into the wrong wallet!!! must of made two.  Only when forum reply mentioned..did i think to check.

SO....im actually very happy ( and embarressed because i was a little peeved off with the casino ...although to be honest there were a few mis-truths and end of day i dont really want bitcoin..i deposited via mastercard )

ANYWAY - before i ask how i get cash.....i want to withdraw the rest of it...SO...can i copy/paste the SAME adddress...and ( in theory ) the 21..bitcoins will be added too once they send me the next amount?

Simple as that?  bare in mind i do want the cash end of day.

im actually a little excited, i have bitcoin!!!....so...IF...i wait..and the market goes up...i can make more money.....tol you l like my casino slots..i might get addicted to this!!!! - still want to withdraw to cash...but i might leave a little in.

I JUST SEND A LENGTHY REPLY.

THEN I JUST TRIED ANOTHER NAME OF WALLET...

I opened it up........and i think...i HAVE received some monies!!!!!

The balance is, 21.96217 mbtc

How much is that?  i think it is ..£306.....so...thats about right I think.

there is a green circle next to the amount with a thin 'red' line in the middle....does that mean..its confirmed?  all legit?  cant disappear?

I think i owe the casino an appology! big time!  ( although will wait before i try another withdrawal first )


SO......can i just use the SAME address then - and withdraw again?

This means that it's a different wallet. Even if the casino send you the fund, it won't appear in this wallet.
For recovering that legacy wallet, you need its seed phrase or its file.
Did you save the seed phrase electrum gave you when you generated that legacy wallet? If so, you can use that seed phrase to generate your legacy wallet again.
You can also click on "File" at top of the window and open your legacy wallet.


This has already been answered.
Addresses do not expire. Don't worry about the expiry time.

I do not know if it is just me, but I am having trouble understanding the full meaning of your messages. Could you please be more clear and concise in your writing? As much as I would like to help you, I don't feel comfortable answering questions that I don't understand fully.

I can comment only on the last part of your question: the addresses in your Bitcoin wallet do not expire. So I don't know where you got such information from. If you are able to share a screenshot of something like that, please do so.

---

Edit: I noticed now that you made changes to your original message.

Looking at all your messages, though, I am afraid there is a significant risk that you will make a mistake somewhere and lose your coins! Creating a Bitcoin wallet and receiving payments is not as complicated as you make it out to be. With that in mind, I strongly recommend that you pause what you are doing and seek out the assistance of someone you trust.

re-edited from an earlier post - having now checked my wallet re addresses.

I checked and although screen looks the same, 'receiving' green addresses, they all start with bc1.

NOW - what i am very confused about is,

I followed OELEO instructions - creating a 'seed' etc..and yes, it worked and yes the casino withdrawal allowed me to send the address code ( whereas before, previous address, using Wasabi etc, the withdraw button remained greyed out ). SO - definately, creating the seed etc worked.

( i am still waiting on my bitcoin of course - as previously mentiond 10 business days etc etc - BUT - it was 'accepted' on the casino site. )

SO - that aside - what i am curious about is,

WHY do all my addresses, including the one i sent to casino site start with 'bc1'   - What changed?  

I cannot withdraw via casino using 'bc1'......

SO -  somehwhere along the line the address i put into casino which works..now is viewed as 'bc1'.

Can you shed light?

I want to create another address ( OR, as other have said on here, using one of the 'green receive addresses'...but as mentioned, unlike your screenshot - mine appear 'bc1'.


SO.....what has happened within my Electrum wallet? ( again that address expires in 1day ...but led to believe on here...its no problem whether it expires or not...BUT IF..you tell me to create via 'seed' another address shall i set it to keep ' NEVER expire or like before, just for 7days? )

APPRECIATE any replies.  I am waiting everyday for this withdrawal to go through.

If you did everything as o_e_l_e_o explained here, how did you get the addresses that start with "bc1"? All your addresses should start with "1" (legacy addresses).

Does your Electrum addresses windows look something like this?


There is no need to try bech32 addresses (bc1...) because you have already discovered that your "shady casino" only accepts legacy addresses.

I seem to be replying to my own messages!!!

However, i do have a question.

Although i am still waiting for my withdrawal, as, on the casino site, it has been processed for days, so in theory allows me to withdraw again an amount.  I used the same address as previous ( as you all have said its fine to do even though will expire )...BUT...it did not accept it. So, so i need to re-generate the seed? If you recall, the issue with Wasbi wallet was that wouldnt accept it, but benefit of Electrum wallet was the address it generated did allow it to go through.

Now, i know i have loads of addresses I can use ( green / Type receiving ), the first one being the one im waiting on because i labeled it, 'casino'.

Can i just pick the ( copy address ) next one down..i think i have 10 or 15 'green' ones. 

Simple as that.  Have to say, i did try it, bc1 etc...and still didnt let me 'withdraw'..i dont think its the 'shady casino' in this case..i just think the first Electrum address i generated allowed me to put it in...addresses look the same, bc1.... 

I must be missing a step...maybe i have to generate another 'seed'?

( im learning here, sorry for the emails, did say wouldnt email again for a while..but just annoying me, waiting around, thought i would push things along try withdraw 2nd amount )

I pushed and prodded, so annoying about waiting longer..

any truth in this then;

"..The 10 days is the maximum timescale for BTC withdrawals, usually they proceed faster, within 5 days..."

and again it is not possible to give you a transaction id.


The good news is, i will not bug this thread any longer...i will wait till money magically appears..or perhaps in 10days time an update...im sure you are on the edge of your seats!!

But in the meantime, i will check , to see if i get any kind replies, I would love to know if..what they are saying bares any truth...possible...a case of just wait and see.


Thanks once again for your replies and time. If you have any other thoughts / how to proceed / or a question to ask them let me know ...but clearly out of ideas...nothing i can do.

I do see this as a form of theft, they accept monies but do not dish out, but they are from what i gather, unlicenced like a lot of these casinos are so ...an odd complaint here/there - isnt going to do much I guess.

Moral is -chose your casino wisely..better still..stick to gambling with bitcoin ..i guess..looks like i will never know how it all works as right now..i do not have any!! 

..well..im going to keep hounding this forum so long as the casino refuses me!!!!!  we all lose!!! i hope you are enjoying the saga to claim a few hundred euros of bitcoin!!!

So, still nothing in wallet.

I emailed them, again, speedy replies. I asked to supply me with the transaction ID.

They didnt.

Their responce below,

"...We see that your withdrawal request was marked as "completed" on 03.01.2023, transfer to your Bitcoin wallet may take up to 10 business days. Bitcoin transactions are fast, however, it depends on how loaded is the system at the moment. I kindly ask you not to worry, your request was reviewed successfully, all that is left is to wait for the transaction to be processed..."

Now - previously, they mentioned can take up to 5days.   I have gone back to them mentioning this...like peeing in the wind of course...and asking again for transaction ID.

THOUGHTS WELCOME -  I'm aware from your previous comments, this is all ..not normal etc......BUT.....the ' loaded up system'....any 'truth' to that?

Ok..save you the reply.  No.

------ i am wondering whether i now put through the final request for monies...using the SAME address ( yes, it expires in 2days, but youve all assurred me this isnt a problem ).. What do you think?  THEY SAY, 'dont worry..processed..'...shall i put through other request....or wait for first monies to come through???

They have just come back to me, below -
"..Unfortunately, we don't provide transaction ID for BTC withdrawals."

Kindly asking me to 'wait'.

Thoughts again welcome?

Regarding the mention of peer-to-peer exchange, this usually refers to a type of financial transaction that occurs directly between two parties, without the need for a financial institution or other centralized platforms. For example, you could simply transfer the money directly from your wallet to your friend's wallet.

When you receive coins from the casino in your wallet, you have the option of choosing how you want to exchange BTC for fiat currency. You can use centralized or decentralized exchanges, or you can opt for a peer-to-peer (P2P). You can even sell on a forum if you prefer. In this case, it would be a good idea to use a reputable escrow service to ensure a secure transaction.

Txt typing so keep it short.thanks for replies. Later today will check wallet..if nothing there will ask for transaction.id. Daddy,sorry finding my messages ambiguous. But messaged a lot sometimes asking wrong questions. Simple really. Given runaround from casino. Withdrawals total around 350euro would like it I wallet then changed to cash. Bit concerned re you saying peer to peer etc...but for now...just want casinotopay in..then take it from there. 

Your post is quite ambiguous. Are you going to withdraw cryptocurrency from the casino website? Is the total important? Do you intend to withdraw your Bitcoin? Because of certain recent problems, blockchain is not entirely safe. If your prize is in Bitcoin, create a non-custodial wallet, like Electrum, to receive it. From Electrum, you may transmit it anyplace. You must use a peer-to-peer exchange if you wish to withdraw your Bitcoin. Later, you can exchange your Bitcoin for local money using Binance (Fiat). Please respond to these questions in order to receive an appropriate response from this source. And don't worry, you can discover a solution by reading the posts here. When working with significant sums of money, you should buy

It is not your responsibility to prove anything to them. Instead, they should provide proof to you that they sent the payment. You can check the status of the transaction and view all relevant details, such as the amount, sender and recipient addresses, and transaction fees, by looking up the transaction ID. This will allow you to confirm whether the transaction has been successfully processed or not. But you can't do that if you don't have a transaction ID.

By the way, it's Electrum wallet, not Electon. Sometimes correct terminology is very important to avoid confusion.

Hello there,

There is no update, no magic money appears in my wallet.

Thank you once again for your replies and explaining, yes my wallet has the green circle so all good to go.

So, this is..day..4 i guess, since i put the request through. As you know, i queried this 'try bitcoin much faster' method the casino tells me. And then says 5days.

I emailed them again, always quick to reply, i sense english not their first langague and certaintly automated with many replies.


SO - going by your thoughts , what i have read on here...all this waiting around malarky. I asked them, again, polietly, whats the hold up!

Their reply, below,

"..A payment provider is a gateway for transactions between online services and customers. Usually, transactions do not take much time, but it may take if the payment processor requires additional confirmation of the transaction. We apologize if the delay causes inconvenience, but we appreciate your patience.   "

SO...what do i say to that, 'ok thanks for the info'...or shall i question further?   The 'processor required additional confirmation ' ....intresting ( sounding similar to when i got my mastercard rejections albeit within hours not days ).

Sensing ahead hear and expecting the ol' familar ala Mastercard tech.difficulties scenerio.  IF 'the payment provider? required more confirmation'...IS there anything they need from me? I am well aware, this is all guff, delay technique etc etc...BUT...to call their bluff so to speak...IF monies never received ( and heck i could be proved wrong here! )  due to 'confirmation of the transaction'.  Is there anything i can 'prove' . I only have the Electon wallet..thats it, setup in minutes...no proof or ID. etc   Just again curious...whilst I wait.

All very annoying, fustrating but determined to see it through.

Once again, this is an internal accounting feature of Electrum only, and is completely irrelevant to the issue at hand. It does not matter at all if the address "expires". You will receive your bitcoin once the service sends them, regardless of whether your address has expired or not.

Think of it like adding some notes to a contact on your phone. It helps you keep track of some information (in this case, how soon you wanted the payment), but it makes no difference whatsoever to the other party calling you. The other party does not even know it exists.

When you open Electrum, you should see a green circle at the bottom right. This means it is connected and fulled synced with the network. If you see this green circle, then your wallet is fully up to date and if you don't see any coins it means they haven't been sent.

Correct. You can use the same address again, even if Electrum says it has expired.

As I wait for my..regional service provider..to validate my withdraw....curious to know. My electon walletsittinf on my desktop. It feels..detached so to speak. I suppose the lack of activity is the reason. Just sitting there no figures coming in or out....so..it is live right?  Everytime I log in in theory it would auto update...should I receive anything.  Also I don't plan to request another withdrawal until I receive this first one..but when I do can I just take the same address..even though 3days expires? I know what you have said that addresses don't really expire.

Well, the very latest reply, is below ( not that i want to duplicate but when logging back into this forum i read through a few replies to my previous thread..how to convert to cash...keeping an open mind here..and hoping against hope..i will someday actually get my bicoins from them ),

BUT - going by what your saying...yes...sounds unlikely right, latest reply;


"..Your withdrawal already was completed from the our side, so for now it's being processed by the payment provider of your region. Please wait for any update from your payment application..."


I mean..its all rubbish isnt it really. Provider in your region...just rubbish...i dont understand as you know bitcoin/wallets..but even going by what you an others ( and they themselves have said in past re how quick it is )...all rubbish re my regional payment providers!!!!  I sent them an address, as you all mentioned to do, thats it. Simple.

Nothing showing my my electron wallet.

But..back is against the wall, what can i do. I have 'poliety' asked them to clarify the situation...and these are the types of replies im getting. So...just have to see.

I will update this thread. Im a betting man...the odds that i come back and say, ' transaction cancelled due to payment provider techincal issues' ..

It is only related to your payment request that you created (consider it something like a payment order). While payment requests are not strictly required in Bitcoin transactions, they can make the process simpler by providing a recipient with all the necessary information for payment in a single request.

I believe that some members have previously mentioned that you can obtain your receiving BTC address from the list in the Addresses tab, without the need to create a payment request.


This is exactly why I said that the entire process appears suspicious. Please note that this has nothing to do with Bitcoin transactions. If the payment had been made and the transaction completed, you would already see the BTC in your wallet.

Why then does it clearly state, in my electon wallet, STATUS - expires in 4days.  And i could chose , never expire or 1day or 7days expire.

Just as i ..have to wait.. want to make sure that at the last minute 'address expired' so they cannot complete the 'process' of sending me any 'coins' via their 'payment provider' ( my worry is this payment provider is the one which is to blame for stopping me withdrawing to mastercard ' technical issues via payment provider'.

As for your continual comment re 'what casino'. I have made it very clear, i can understand you asking, but as im in communication with them im not prepared to comment BUT, as i keep saying, they are the 'same' as so many 'not on gamstop' casinos.  Plenty Of Fish, Midnight Wins, Yummy Wins, Magic Win, Milky Wins...literally they use THE EXACT SAME setup. The same layout, games, the same standard email responces. I think they operate without a licence, whether they 'loan' the site i have no idea.  I have ( sadly ) been on most of them, and deposited money, enjoyed the slots, my 'hobby' if you like. Once i withdrew, and it worked, with a little effort. But mostly i just lose.  As mentioned, this time, i want to see it through and withdraw...and having these difficulties.

I apprecaite all your replies and help and advice. i was hoping I was going to check my Electon today and be asking, i have the money how can i covert it too cash!!!..instead..im been fobbed out and told to wait longer!!....its only a few hundred euros, around 350...so converting to pounds, bitcoin fees etc etc..who knows...but..im this far..and want to see it through. Actually annoying me trust be told. Complaints will be lodged about casino - fwiw.

SO, thanks again.  I was told on here, that instant really..so all this waiting...is ridicolous...but perhaps..you might think, yes, you can wait sometimes...so not unusual.

Time will tell.

Please let me know though about that 'expires' , despite what your saying...i really dont want it too expire..if i can alter it now? expires 4days, they say wait 5days.
EDIT - I re-read your replies - OK - i understand now about expires..ok, if your saying no need to worry about that, then i wont. the latest reply below,  ( i asked why the wait );

"...Since the funds were sent to the payment provide for the further transaction, it may take very fast to reach your btc wallet, but only after it will be sent on it by the providers.  .."

yep, these are the people im dealing with!!!

I've edited my previous reply. Based on my understanding of the situation, it seems that the only option available is to wait.
There's no need to worry about your addresses expiring. They remain valid indefinitely.

Although, I agree with o_e_l_e_o, the whole situation sounds suspicious. When will we find out which casino it is?

I have never known of a site to send money to another service first before sending it to you, but I suppose it could be possible. All seems very shady to me though.

Once the bitcoin is actually sent, it should show up (albeit as "unconfirmed") in your Electrum wallet instantly. You'll see it on the "History" tab.

It's completely irrelevant. The expiry is an internal function of Electrum to help you keep track of payment requests you have made. It makes absolutely no difference to you receiving payments and it does not matter if it expires. You can ignore it.

There is nothing else you can do at the moment except wait 5 days and see if they actually make the transaction or if they are scammers.

thanks for the reply.

Well, theres literally nothing to show you. honestly. just says withdrawal accepted.

TYPE
WITHDRAWAL
METHOD
BTC
DATE
1/1/23
SUM
230EURO
ACCEPTED

If you note, i added to my last commnet - i emailed them there - so see those extra lines i added there..me waiting 5more days?

what do you think?

and...my concern that the 'address' expires in 4days.

Could you take a screenshot of the specified screen, while censoring any sensitive data to protect privacy?


You can view all transactions into and out of your wallet in the History tab.


As a general practice, it is advisable to keep your software up-to-date. However, in this specific case, updating the software wouldn't make a difference.

---

Transactions on the bitcoin network are typically visible immediately upon being initiated, and most are subsequently confirmed within a few minutes to a few hours. The confirmation time can vary depending on the current state of the network and the transaction fee amount.


It's difficult to provide an opinion without knowing which casino you're referring to and how they handle payouts, so it would be helpful if you could share a link to their terms of service.


Your addresses never expire and can be used to receive payments indefinitely.

Further update....

Although waiting on your kind replies..... I chased with the casino help there , and was told, below,


"........The funds were debited from your account and sent to the payment provider of your region for the further transaction. It will reach your btc wallet up to 5 days. ..."

they went on, ".....Since all requests are being processed on a first basis, first come, it may take for a while. We kindly ask you to wait for the notification from the cryptocurrency application.   "


SO - i was led to believe, and yourself did say as well, that really this should come through instantly really.

SO..thoughts?

My 1 concern is....that address expires now in '4days'....  so.....what does that mean?  


I am reluncant to make my final withdraw, and will wait ( i have no choice have i!!!! )  - BUT, should i change the 'expire' to ...'never expire'?..can i alter that?  IF..i withdraw again, can i alter it / should i alter it?   what is all this about 'payment provider'  - are they just messing me about?   fair enough mastercard ( the payment provider technical difficulites malarky )..but WHO is the payment provider in BTC case?  They have taken the money out of my casino account...approved it......and ..now....waiting....

update -well the casino states 'accepted' my withdrawal and money deducted from my casino account. couple hundred.

This was earlier this morning. Just checked my Electrum wallet..and..nothing in there.  Does it appear in a specific place?  do i click on something?  i dont want to 'search' in the wallet too much as i dont know what im doing and not wanting to 'delete' anything.

But, certaintly, under 'receive' nothing appears - just the same as it looked before.
URI
ADDRESS  - shows the address which i gave to the casino.
LIGHTENING ( ? )

Receive queue - has the date/name i called it / expires in now 4days.

Anywhere it could be sitting?  you mentioned 'confirm'  - cannot see any of that.  Before i go back to casino and 'complain'.

it does say, 'update to Electrum 4.3.3 is avaiable?   Shall i click the update?

I did close it down yesterday and open it today - as mentioned - nothings changed.

( i went into coins and addresses...doesnt state anything different..no coins etc )

Pending on the casino website you mean? This means they haven't actually sent the transaction yet. Some sites wait for several customers to withdraw and then batch all the transactions together. You'll probably just have to wait longer. Once the transaction is actually broadcast you'll see the coins show up in your Electrum wallet - first as "unconfirmed", and then they will confirm a little later, depending on the state of the network at the time.

Correct.

Reedited  yes my Bitcoin addresses appear in that way but no..begins with bc  .  Now I did do it the way shown..create seed and as mentioned before it worked allowing me to withdraw..still actually waiting but won't go into all that again  .  But,I am going to request another withdrawal so....my question is...I used same address bc...but didn't work. That's definitely my error...do..I'm not sure..do I go through the same seed creation process again?....I know others have said I can use those addresses..as mentioned don't work in the withdrawal
 I will check later today.   Still very conscious that the first seed I created  is expiring in 1day...and yet haven't received anything too it.  Aware if what others have said though.

You can use the same address again, or you can you use a different address from the same wallet. It makes no difference in the long run. You do not need to go through the process I gave above of generating a set of seed words a second time.

They cannot claw it back. Bitcoin transactions are irreversible. Once it is in you wallet, it will stay there until you send it somewhere else (provided your computer is not hacked or anything like that). Make sure the 12 words you wrote down are kept safe and offline, and never share them with anyone since you can use them to gain access to your wallet.

Looking at the current state of the network, your transaction should be confirmed by now and your coins should be in your wallet.

if it gets into the wallet it needs a confirm.

for all intents and purposes once it gets a confirm it will stay in the wallet.

good luck and happy new years.

THANKS once again for the replies.

Still waiting - not crossing any fingers here.

But - ok -so i wont bug you again, but you say i can use the SAME address - which i just generated for this first withdrawal...i simply copy paste the same one...when i want to withdraw the 2nd ( final ) amount. As mentioned, split it basically in have my withdrawal.

SO - thats ok do use the same address.  Thank you in advance for any replies.

( if monies come in, i will have to look at transferring ..but ill be happier with that process as at least i dont have to rely on casinos...and they cannot claw it back right? or ..an error and it 'disappears' from my wallet )



Right leave you in peace, thanks once again for your help.

yeah take a look at my old address it has hundreds of ins and outs.

its nerve wracking to learn this all.

may I suggest do not use casinos for a while.

read different posts feel free to ask questions.

many of us will try to answer.

I gave you a merit for two reasons. persistence and politeness.

thank you for that.

You do not need to generate a new seed for a new transaction. It is perfectly fine to create a new withdrawal to the same BTC address again. All addresses from your wallet are reusable.

Right! WILL DO.



Going in - wish me luck!

There... sent it...went through...waiting...could be a half days wait or 5min..till its 'rejected'!! who knows)

I looking forward to my bitcoins!!! ( IF it works....see how stuipt i am..i actually think im going to get it!!...if it works..i will make a final request...i only withdraw couple hundred..still have 150euro left in there....so....i will do the exact same process...generate a new seed..just..click the button....simple as that...and in my wallet i will have  2 lots of bitcoins amounting to around 350 euro. Right? )

( Wont keep bugging the forum, sorry for the emails...and the metrobank..they advising me to try some Weinsteinbank?? looked it up etc...i dunno...2023..stay away from casinos right!! wakeup call!! )

There is no need to worry or feel unsure about this process. We are here to guide you through it step by step, so just take a deep breath and be patient. We will help you through it.

The bunch of green (and orange) addresses you see in the Address tab of your wallet are all your addresses. You can use any of them to receive funds.


Yes, that should be fine. Double check that the address shown in the Receive tab of your wallet is identical to the one you pasted in the casino (visually check at least the last few digits). It is a good idea to start by withdrawing the smallest possible amount to ensure that everything is working correctly.

All those addresses are yours, don't worry. Get the first green one and you're OK.
Or get the one from the Receive tab and you're most probably OK with that too (that address too is most probably in that big list)

getting somewhere....again.... i have no intention of dragging this out now...doing my head in!

Well, as per previous, Electron, used that 'seed' ( despite the scary warning ) , and it works as in...it goes into the withdraw on casino...and lets me press the withdraw..i havent ..yet.

SO, my questions are ( same as previous email ),

The time limit, 7days - that ok?  what does that mean>?    just if casino doesnt honour it the seed wont work after 7days...doesnt mean i will lose anything IF i did get any monies withdrawn into it?

- I simply went into 'receive' pressed to generate..i have that..copy and pasted....thats it?

- and IF i want to withdraw again  ( i just use the seed like before, new wallet, receive, get the address line, insert, withdraw..and  in my Electon wallet i will have ..2 lots of...around 350 euro ( in bits ).


Yes? please say yes.  Missing anything?

---

I feel like im going to go ...... !!!

SO - Neurotic.....i went into 'view' and what comes up is a LOAD of 'receiving' ( green colour ) and a few 'yellow' colours. What the...is that!!!!!

SO... TOTALLY CONFUSED.

What are they? i am now worried...i give the dodgy casino a address..which is useless so even if they were geninue...id still not get the monies!!

-  HERES what i was going to do.    Please just tell me, its right.

- I have ( already ) pressed, Receive ( following on from previous instructions from previous email ) , and an addreess comes up, as mentioned 7days...thanks for explaining that....i didnt put the amount in.  That ok>?      SO....i will take this address and give it too casino site ( which as mentioned i tried..and works...in that seems ok...but havent pressed the actual withdraw button ).

THATS IT.  yes? Ignore all those green and yellows addresses! in the View TAB.

Easier: Do View->Show Addresses
Go to Addresses tab
Copy (CTRL-C) the first address from there and you're good. (it starts with 1, right?)

PS. In the "receive" area it's not the address that's expiring, it's the "request", and that doesn't matter much. However, working with the addresses tab can be easier for your peace of mind.

Initially, you asked about the Blockchain.com web wallet... It is worth noting that web wallets, such as Blockchain.com, are not the most secure way to access your bitcoins. This is because it is possible to accidentally end up on a fake website (called a phishing site) and lose your funds if you're not careful. However, if you still want to try a web wallet, you might consider Bitamp Wallet as an alternative. Bitamp is a user-friendly, open-source Bitcoin wallet that operates on the client-side and supports both legacy and newer addresses. You can find more information about Bitamp at the following link: https://www.bitamp.com/ or in their ANN thread.

While desktop wallets like Electrum are generally considered to be a more secure option, it sounds like using one may not be feasible for you at this time. In this case, a web wallet could be a good alternative for your needs. With a web wallet, you can easily generate a legacy address to receive funds from the casino and then transfer them to an exchange with just a few clicks.

---

Edit:
It looks like you have been able to get the Electrum wallet set up and running. If you want to receive funds, you can go to the Receive Tab and create a new Request. When prompted, make sure to select "Address" rather than "URI" in the options provided. Once you have done that, you should see your BTC address displayed in the window on the right. This address will start with "1" and can be used to receive funds.

I have just followed these instructions...easy enough..thanks..BUT....now what? you left off...where does the address i need come up...im just left with an open wallet? DO I NOW GO TO 'RECEIVE' AND in this wallet ( i click  recreate request?   theres an amouint there...but ignoring that...? do i just generate that address then? and then copy and paste it?  DO I NEED TO add amount AND WHAT ABOUT EXPIRES?   whats all that about? 

( sigh! )  So- expires..shall i have it a week?  does it matter...say..the casino takes a week to send me the money....what happens?   what about keeping it so it never expires?

Note, i was going to try to withdraw one amount and if that works i would download a final amount..only few hundred as i say...but ..that ok?  i take it..need another line of address for that?  ( but would setup a 'new wallet' using same idea - that 'seed' you mentioned..ok to use that again?   walk before run here...just get 1 withdraw done.... SO, expires?  will i LOSE ANY BITS if it expires? or once in my wallet its there for good?

Ok thanks for that.

Ok, i will do as you previously told me, to copy/paste that seed.

It does come up, under console,

DO NOT PASTE SEED HERE YOU DO NOT UNDERSTAND...COULD LEAD TO COINS LOST...

Well...my issue is I HAVENT A ....CLUE!...so...yes....i dont understand.

But..i will proceed then. 

Carryón with what you have said to do.   

( and then simple get the line of code which is generated ( right ? ) and add to the casino withdraw ..which...if works...i then wait for them to give me my money in bits......


and thats it.  I CANT LOSE the coins?  so long as i have the password and the 12 words saved....

( i see it says, in Electrum, 'create new wallet, each time i go in.  Im ignoring that. Just literally open up electurm, console, ignore the scary warning, enter seed line you mentioned.  )

( 2nd Jan 2023 - i have no intention of wasting my year doing this..so ..thats it... try this..and leave the forum alone!!!! )

Segwit addresses begin with "bc1". You say the withdraw button is not clickable when you enter a segwit address.
Legacy addresses begin with "1". You say the withdraw button is indeed clickable when you enter a legacy address.

Some poorly set up websites only accept legacy addresses, so this seems to be the problem here. The instruction I gave you will let you set up a legacy wallet in Electrum. The "seed thing" is known as a seed phrase, and is a very common part of bitcoin wallets. By writing down the 12 words you are backing up your wallet, and the same 12 words can be used to recover your wallet in the future.

Yes. There are many ways you can trade bitcoin in your wallet in to a fiat currency of your choice.

Ok, although i have no idea what you are meaning re 'segwit' let alone 'legacy' etc etc   - i understand that the previously 'recommended' wallet to download, Wasabi, was not the one for me. A shame, as i looked that all up, and actually seemed..simple.

SO - i now to have to look up this Electrum, which i have, and has more 'options' including this worrying 'seed thang' where i get the 'warning notice' ( just what a newbie wants to see read! )


I have just complained again to the 'casino' - they just rejected another withdrawal ( tried again to mastercard, smaller amount etc- thought that might go through ).


I will look at this option then, and do this, 'seed' thang ( ffs! yes im peeved off with the whole thing! ) . 


I take it...IF...IF...it works, and IF ..IF  i get any monies via bitcoin....it goes into this Electrum thang...and....then i can forget the casino...done their part..and i can then 'mess about' trying to get it coverted to FIAT or whatever.     That right?  no need for explination at this point, albeit thanks for the replies and time taken.

If you want to use Electrum to generate a legacy wallet, then this is the way to do that. You can see in the Electrum code here that what I have given you will "Create a seed", and that seed will be standard (i.e. legacy) as opposed to segwit. You can also Google the command "make_seed" to confirm that this is all that it will do. It will spit out a 12 word seed phrase, and the rest of my instructions will show you how to create a new wallet using that 12 word seed phrase, which will be filled with legacy addresses starting with "1".

Wasabi does not support legacy addresses at all, so if you don't want to use Electrum to do this, then you will need to download a different piece of wallet software.

I have this Electrum, and i open Console, was about to paste the words you told me to, but big warning letters, DO NOT PASTE etc..  , I tell you - i am hating all this nonesense really really am.

I have complained about the casino not allowing me to withdraw via the method i initially deposited, mastercard, of course little good this will do,  i am very annoyed that im having to delve into this to be honest murky World of bitcoin truth be told - to a newbie - thats what it feels like.  

So, a second ago i was quite happy that, that previous line from Philipma worked..well it was 'accepted' as though would work.  And now, your telling me all this Electrum - dont paste warnings now getting puts me off..because i dont know what im doing.

Close to giving up, its a few hundred quid, but its annoying to lose / complain to the gambling comission or something i suppose. Still bloody annoying though.


OELEO  - Youve told me to paste those words....warning comes up.......is there no other way?  How can i simply get a 'code of words' like Philma had -  thats all i want.

HI, i went back and i just inserted this , 1jd, line and the 'greyed out' withdraw button - does work now. ( initially i copied/pasted then entire http etc which you had written down )

SO -i havent used it, BUT, its good to know that getting somewhere - that  the '1jd' etc  works.

SO.....What does that mean?  How can I get a line like that?     ( and to run before i can walk - if i do get a line like that - and they send me the money how can i then convert this to cash ( FIAT ) ( at least tell me it's do-able..a few 'fees' perhaps but that i can...at least expect to get it back into cash?  )

Honestly, this is sounding more and more like a scam. However...

• Open Electrum
• If you cannot see a tab called "Console", then click View -> Show Console
• Click on the Console tab
• Paste the following code:

• Write down the 12 words you are given on a piece of paper
• Click on File -> New/Restore
• Choose a new wallet name and click "Next"
• Select "Standard wallet" and click "Next"
• Select "I already have a seed" and click "Next"
• Enter the 12 words you just wrote down and click "Next"
• Choose a password if you want and click "Next"

This wallet will contain legacy addresses which start with "1".

First, let's focus on one problem at a time. Are you absolutely sure that you need a P2PKH (legacy) address? Have you tried using the address "1JdC6X..." suggested by philipma1957? Is the button still grayed out?


Btw, I still don't understand why you don't want to reveal which casino platform it is. That would make solving your problem much easier for us.

as I recall, safepal wallet provides 3 address options that you can choose from. one of them is the legacy address you are looking for. maybe you can use it. you only need to choose the address that you will use.
the problem is I think you want to withdraw your money, but you are playing at a crypto casino. which of course will require the address of your wallet to make a withdrawal.
how do you make a deposit? with fiat or crypto transfers?

Dont worry Marv i know only too well how little i know about all things bitcoin and truth be told the more i know the less im liking it! 

What I have finally established though is this P2PKH.    It is this that they are after..pretty sure of it.  SO, my question is now,  how I go about getting one of these. I have downloaded Wasbie and Electron - both generating for me 'bc' codes....which are not being accepted.   

SO...how can I get this P2PKH 'address'  ( 'they'  casino have said use Blockchain ( and another one which i cannot recall ) ...so....it that what i must do?  create a blockchain account ( wait for id to be confirmed etc etc ), and THEN...finally.....can i SIMPLY get this blasted 'address' give it too the casino and get my few hundred pounds in 'bitcoin' ( which i dont want! i want cash!! ).

IF - the above sentence IS correct, thats what i need to do - then...to create a blockchain account must i insert monies or..is there anything i need to be aware of?  I have no desire or intention of using it other than to try get some monies from casino onto it - which i then want to convert ( somehow ) into 'real money.

If anyone can just answer me, the first part, how i get this P2PKH address and if i need to put money into it to 'start it off' so to speak ( i see when i tried joining was asking , my intention to buy bitcoin etc ( which i have no intention of doing whatsoever )

It appears that you are mistaken about what a Bitcoin address is. A Bitcoin address is not a URL and does not start with "http". Instead, a Bitcoin address can only begin with the numbers 1 or 3, or the letters "bc1". It seems that you may not fully understand the concept of a Bitcoin address.


P2PKH (Pay 2 Public Key Hash) is another name for addresses that start with the number 1. To avoid technical jargon, I suggest that you refer to this type of address as a "legacy address".

philip, hi, and thanks.

You can only withdraw between amounts 150 - 500 euro.

I did insert that address, and the 'button' is still greyed out.  I copied address with 'http..etc '

But 'they' did say, starts with numbers...you mentioned 'legacy addresses'  - yes...that sounds about right.  But i dont know what that means.

(IF) they are true to their word, then what they are saying is consistant..and im the one downloading wallets and putting in long 'bc' numbers etc

The screen ( which i dont know how to insert image ), basic as metioned and generic to many other sites as mentioned, but says,

WITHDRAW
LIMITS 150 - 500 EURO


BTC ADDRESS
( insert bitcoin address )

Add the amount.


THAT PAY2 PUBLICKEY HASH   - that sounds like the one.  And goes with the mention of 'hash' which i mentioed on this forum. SO - how do i get one of those?

send 0.0001 btc  to this address


1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje


this is an old legacy address on blockchain.com wallet  have had it for 9-10 years

if the casino lets you send the 0.0001 btc to

https://www.blockchain.com/explorer/addresses/btc/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje


you know they are not scammers


if they won't send the coin there they are likely to be scammers.


Yeah I know I am asking for about $1.70 usd to do the test, but if you view the address it has been around and it does work. It is my

blockchain address opened in 2013.  If the send works we can figure a way to get the rest.

As for setting up blockchain.com it can be done without putting anything in it.

I suspect the casino is only paying to legacy address's

They usually begin with 1

Oh I don't give a fuck about the $1.70.

 I will make sure you get it back. Maybe with PayPal or a gift card or something else


btc addresses

with 1 = legacy
with bc1 = segwit

with 3 = script hash




see link

https://allprivatekeys.com/bitcoin-address-format#:~:text=Bitcoin%20address%20is%20an%20identifier%20%28like%20account%20number%29%2C,for%20testnet%20and%20bchreg%20for%20bitcoin%20cash%20regtest.


There are currently three address formats in use in Bitcoin mainnet:

P2PKH (Pay 2 Public Key Hash) which begin with the number 1

P2SH (Pay 2 Script Hash) type starting with the number 3.

Bech32 type starting with bc1.

Full list of Bitcoin address prefixes

 How can i insert a image into this thing?

I tried Electrum - i knew from the start it woudlnt work because the series of numbers, starting, bc ETC...is the SAME as what is generated via Wasabi.

So, the reason i am asking, the same questions, is i suppose because im not getting the right info back. Again VERY grateful for any replies, but why tell me that Electrum likley work over Wasabi..when same code basically generated??  you mentioned 'create a legacy wallet'...what option was that?  make a difference.

IF -someone could check out, plenty of fish casino or Midnight wins - they would see the generic template.

SO....the casino.....did mention...an 'address' ( i said this at the very start really ), for withdrawals thats what they need....and they mentioned Blockchain.

SO...before i go to the hassle of doing that....will Blockchain allow me to ( simply ) generate an 'address' i can put into this blasted Casino?  ( similar to Wasabi and Electrum..as easy as that?  or do i need to 'understand' a lot more IF i did setup a Blockchain? 

AND FINALLY,  IF, i setup blockchain...it looks like it expects me to insert money?  that the case?   before i start?    because i dont want to do that...the only money i want to add is from the casino.  SO - will it let me do that?

THANK YOU - all for your replies, and sorry (dec )your read my 6 posts!

I will try this Electrum..however...the site did say, their withdrawal process requires an address ( words to that effect - and mentioned that Blockchain ), so i suspect the string of letter even Electrum will generate will not suffice ( but i will give it a go ).


I do not want to give the name of the actual site. Why you ask ? - There is no reason at all for me not mentioning, who cares so to speak, but  because I am currently emailing them as well as in this very forum mentioning my issues with them, and right now, the name is not of issue BECAUSE, as mentioned several times now,  the site in question goes under the same banner / licence as many others.  eg, Plenty Of Fish, Midnight Wins, Yummy Wins - they are ALL THE SAME ( same licence. How it works behind the scenes i do not know ). 

They are not on Gamstop  so not like WilliamHill or Ladbrokes etc.  Again, no lectures please, I am only too well aware.

But - I HAVE HAD a few Ttiny wins on some, deposited via mastercard, but, yes, much more loses, more fool is me.


I hope that answers your question, i have a screenshot of 'withdrawal page' but..How can i attach it to this??? -   it is standard anyway, and will tell you nothing tbh.

But perhaps if you could take a look then, seeing as youve asked. 

In meantime i will try this Electrum ( i have again requested a normal mastercard withdrawal..i await the 'technicial issues email reply ).

Failing that, and failing Electrum, i may have to resort to the messy Blockchain ( which i admit, IF EVER, i got the money, i would have to use anyway to convert to FIAT ..as im learning! ).

Apprecaite your replies, and any help.

OK, just stop right there. Multiple members have asked you to specify the casino in question at least six times so far, but you have not provided an answer. (I checked your other threads as well.) Why are you avoiding this question? Providing necessary information is important for the discussion to be productive and helpful and it can be frustrating when important details are not shared.

Bro, any casino won't ask you to receive Bitcoin to any specific wallet. So make sure you aren't getting scammed by the casino. Bitcoin addresses all are the same doesn't matter where you generate them. So answer the below question.

1. What is the Casino name where you win? Feel free to share the website if possible if it's not a phishing site.
2. Share the withdrawal page screenshot, and hide your personal information.

Then we can say what's going on actually.

Got your problem. You need an address starting with '1' or '3'. They don't support segwit address. So better use address starting with 1 which is legacy address. So yea, use Electrum and create legacy wallet.

Hi, speaking my language, thank you.

I think ive now annoyed the casino ( as well as this forum ) , so fat chance of getting anything.

But, the casino, mentioned before, is a chain of sorts, using a licence, i assume different operators, so Plenty Of Fish, Midnight Wins to name just two of many its all the same thing. If you went onto the withdraw page..youll see nothing other than standard screens, 'withdraw' couple options, mastercard ( which as mentioned, 'techn. issues with' ) and Bitcoin - between 150 - 500euros  ( a blank row to add the 'address' and then the amount.  Thats it.

Nothing special.   I placed the Wasabi address in there...starting with ' bc1qu....etc'   and the button to withdraw stayed 'grey'. So, i do think its a legit thing in that, the address isnt correct.

The Help chap, had a look, removed 'bc'  but still didnt work.   It's here they mentioned about the Public Address.  

So, your telling me, any Blockchain or Electrum etc address will look the same.....so....pointless doing that.  The fact i would want it converted to 'cash' means i dont mind doing the ID process etc etc   just it does appear...but i am very keen not to add any money to any account, i only want to withdraw.

The code for withdrawal? I'm guessing you're referring to bitcoin addresses? You might be using an address type that is not supported by the site. What does your receiving address look like?

As for Blockchain.com then sadly, there are other services out there, but most of them require you to go through ID verification, selfies, etc. if you want to convert your funds to euros. There are some services that you can use to avoid that, but you'll be dealing with individuals in that case, not sure if that's something you want.

As mentioned above, this can be a scam. Are you sure the website you're using is legit? It would help if you could tell us the site's name.

I don't know why the posts above are mentioning things like Electrum and Tor. All you are doing is adding more confusion to an already very confused newbie.

For the third time, share the name of the casino and a screenshot of the withdrawal page and what they are asking for. There is absolutely no difference between a Wasabi address and a Blockchain.com address, and indeed the casino has no way whatsoever to know what wallet your address comes from. It sounds like they are trying to scam you.

The only thing the casino needs to process a bitcoin withdrawal is your address. If they say they need more than this, then they are trying to scam you.

I am very very sorry if my posts are confusing. If anything i try to make them very straightforward albeit in a World i find VERY CONFUSING!!!

But i do apprecaite the replies, but would love to have a very simple answer, a tendacy to confuse when really im asking a very very simple question.

- Overall i probably could get 400euros sitting in a casino.

- Despite trying to withdraw- the casino has said, use Blockchain, ( I mentioned Wasabie..they said, some of their customers use that and works....HOWEVER...when i add the code for the withdrawal it doesnt work. Casino Help had a look...said, use blockchain. )

- I looked at blockchain...what a messy thing...camera/i.d. etc etc  ( confusing )#

 - Nutshell.   I want to withdraw money from casino, once i have that, i want to convert it into cash. And then..i want nothing ever to do with casino or bitcoin.

Thats it.  

So, advice welcome?

Hello there!

It looks like you have created several topics today, and all the questions are related to one another. Don't do that.

withdrawing bitcoin - newbie - advice welcome
Metrobank....bitcoin?
BLOCKCHAIN? and wheres the Hash?
PUBLIC ACCOUNT NUMBER FOR WASABI WALLET - Newbie question..
BLOCKCHAIN account- Newbie - how to get one?

I think you are trying to cover too many different questions at once, which can make it difficult for others to follow the conversation and offer helpful responses. It might be more effective to focus on one topic at a time, especially since some members have already tried to assist you. This way, the discussion can stay organized and focused, making it easier for everyone to contribute and offer support.

It might be a good idea to continue the discussion in one of your previous topics and lock all other topics. You can find the option to lock the topic in the lower left corner of the website.

It's hard to understand what you're trying to say but I think your coins have been banned from depositing them because they are from casino, right?

I will answer your question in general, which is how do I increase the privacy of my withdrawal bitcoins.

the best way.

• Download Electrum Wallet, link https://electrum.org/#download
• After downloading the wallet, click on the Standard wallet option, and then I have a private key.
• Go to Chipmixer website, you will find the links here https://chipmixer.com/ or TOR
• Send them your coins and you will get private keys.
• Paste those keys to your Electrum Wallet

Other ways:

• Download any wallet from the link from here https://bitcoin.org/en/choose-your-wallet, if you already have a wallet, go to the next option
• Go to any site from here https://bitcointalksearch.org/topic/2023-list-bitcoin-mixers-bitcoin-tumblers-websites-2827109 (2022 List Bitcoin Mixers Bitcoin Tumblers Websites)
• Send your coins to any mixer and you will receive *clean* to your wallet address

Your post is extremely confusing. Will you make a cryptocurrency withdrawal from the casino site? Is the sum significant? Are you planning on withdrawing Bitcoin? Blockchain has recently experienced some issues that make it not completely secure. Create a non-custodial wallet, such as Electrum, to receive your winnings if they are in Bitcoin. You can send it anywhere from Electrum. If you want to cash out your Bitcoin, you must use a peer-to-peer exchange. You can later use Binance to sell your Bitcoin for local currency (Fiat). So, in order to get a proper answer from here, please answer these questions. And don't worry, just read the posts here to find a solution. If you are dealing with large sums of money, you should purchase a Ledger hardware wallet where you can receive any type of coin.

Thanks for the reply.

The casino is just a europeon ( i think ) chain of licences, like PlentyOfFish. Midnight Wins, same setup each time. Behind scenes havent a clue, but have rarely got back tiny winnings, but lost more.


Ive tried the Wasbie....but upshot is,  they said, blockchain.

SO, thats my question, i need to give Blockchain a go.

So, OMEGASTARSREAM, in your opinion, is it ok then, i just plum ahead, look into this blockchain/ idenity or not..i just click on the site there to see overall view of it...   You mentioned 'convert back to 'fiat'  Whats 'FIAT'?   If that is, cash...then..yes, ideally, i dont want bitcoin, i want my cash winnings, just casino wont give it too me..hence trying this route they recommend.

I will wait for a few more replies, hopefully, sorry for annoying the forum..but its on my mind..and i want my cash!!!! more a principal now to be honest disgusted with the casino messing me about.

Which site are you trying to withdraw the funds from?

I'm not sure I totally understand what you're trying to achieve here, but if you're just trying to withdraw your funds from a site to a bitcoin wallet, then you don't necessarily need an account with blockchain.com. Any wallet would be fine, Electrum is a good choice.

If you go with Blockchain.com, then verifying your identity is not really required, unless you're planning to use their exchange to convert your bitcoin back to fiat.

Starting this thread, because i am losing the will!!

Aware slightly repeating myself, but, in the vein hope of some helpful, simple answer....

Blockchain ( i now see ) is not as easy as a 'wallet' to setup. It requires documents to be sent etc.

So, shall i proceed?

PLEASE ADVISE....As i see, just setting this up, asks me,  'do i want to buy' etc etc....i dont want any of that!


All i ever want to do, is, simply get a blockchain address, give it to this blasted casino, withdraw my few hundred euro winnings into it.  Thats it.


I do not want to have to upload any of my own money into it etc....i literally, just want to withdraw winnings and then 'try' and change that into cash ( thats for another thread ).

That's it.  

SO - shall i proceed with Blockchain?  ( it does..make..sense..with what casino was saying earlier - in another thread - about needing my 'public' account number etc..whereas i was giving them my Wasabi details ..so in a way..i was told incorrectly on this forum...or...well..i..being new...asked totally the wrong questions...

If some kind soul could please just answer me that. Blockchain, ok for me to proceed? wont cost me anything ? best case i get my winnings? worse case, i spent a bit of time sending some documents to setup the  blockchain.  (or does it open up a can of worms? )