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Topic: Do you have any problems with your online wallet (Read 2411 times)

hero member
Activity: 770
Merit: 500
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,
That is the most common reason behind blocked/suspended accounts, mostly Xapo and Coinbase have this problem.
Did you recover your account's balance? They freeze your account but let you withdraw, right?


That is the bad things in online wallets that is why most of the people are suggesting for to use desktop wallets for bitcoin. Some of the online wallets freeze the accounts along with funds and some may allow to withdraw the funds and lock the account like xapo which allow the members to withdraw the funds and after that they delete the account.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,

Coinbase is an exchange company so expect some restrictions like that, blockchain on the other hand is purely a web wallet. Also they are dealing with buy and sell bitcoin options aside from other services they are offering. Basically they are an active company performing what a company must supposed to do invloving money. How can they faced the laws they are under now if they will not have at least some information of their clients. About the blocking issue, they really told you that your account was blocked because you deposited from a casino?

But you know if that kind of thing is really out of your line then it's fine if you will not use it anymore.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,
That is the most common reason behind blocked/suspended accounts, mostly Xapo and Coinbase have this problem.
Did you recover your account's balance? They freeze your account but let you withdraw, right?

sr. member
Activity: 266
Merit: 250
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


The best wallet till now i am using blockchain.info, till now i never faced any problem with it now at present they provide lot more security to people who are using blockchain.info. Even when ever there is a price change in the market it will automatically updates in back office.
hero member
Activity: 826
Merit: 502
I ever sent bitcoin with wallet blockchain.info, the time to get a confirmation long, almost 2 hours I can 1 confirmation and 7 hours to get 4 confirmation. I was worried, but finally relief as well.
That problem is not because of blockchain.info but sometimes the crowd of transactions are too much and then for the confirmations which happen at that time take some more time. By the way blockchain automatically select the suitable fees for the transaction to boost up the transaction.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
Im using blockchain and coinbase online web wallet and soo far i dont experience lost funds on my accounts or wallet but previously coinbase does have issues or rumors that it is being hacked but luckily they were able to clear it up and just made a maintainance which really gives false alarms on their users.
full member
Activity: 224
Merit: 100
I ever sent bitcoin with wallet blockchain.info, the time to get a confirmation long, almost 2 hours I can 1 confirmation and 7 hours to get 4 confirmation. I was worried, but finally relief as well.
member
Activity: 86
Merit: 10
I only use offline wallets but when I do use a online wallet I never ever have problems, the blockchain wallet is my online wallet and its working great without any problems.
member
Activity: 89
Merit: 10
Nope there is not really happening something with my online wallet and its pretty good secured, can easily access it too so, nope.
hero member
Activity: 826
Merit: 502
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
I thing that problem is only with coinbase web wallet because I do not have faced the problem with my other web wallets and not have heard from any other bitcoin user to claim the issue with any other web wallet but only with coinbase.
Internet is full of complaints about Xapo. They lock users accounts and ask for verification, same as Coinbase. And Xapo sometimes is very slow to verify documents and it's hard to get answer from their support.
I use both of these wallets, but so far didn't faced any problems and they didn't asked me to send documents.
Yeah I know that internet is full of the complaints against xapo  but there is no any complaint which claim that xapo has blocked their account for the usage of it for gambling. The complaints are only of the case that they ask documents and lock the accounts without any reason.
hero member
Activity: 3038
Merit: 634
I never had any problems with my wallet, and I also do protect them good so maybe that is the fact it does not get into any problems, sometimes the transactions are slow but that's all.

I also do not had any problems with any wallets since 2 years back, everything is working fine and I never had any issues.

May I know what is the wallet that you have been using for 2 years? I just want to know if we have the same wallet.

I've been using blockchain for several months and I can say that is good enough and I don't have problems with it either.

Even the fees that are deducted automatically, I don't see it as a problem as it is going to be paid for the miners.
hero member
Activity: 2926
Merit: 722
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

You cant do anything about it because coinbase is somehow following some rules by the government and using it on gambling is not really advisable because you are violation their ToS and they would surely block or freeze your account.For now,i don't have any problems regarding on my online wallet which is blockchain.info and the one thing that I could complain sometimes is the transaction confirmations times.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
I thing that problem is only with coinbase web wallet because I do not have faced the problem with my other web wallets and not have heard from any other bitcoin user to claim the issue with any other web wallet but only with coinbase.
Internet is full of complaints about Xapo. They lock users accounts and ask for verification, same as Coinbase. And Xapo sometimes is very slow to verify documents and it's hard to get answer from their support.
I use both of these wallets, but so far didn't faced any problems and they didn't asked me to send documents.
hero member
Activity: 826
Merit: 502
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
I thing that problem is only with coinbase web wallet because I do not have faced the problem with my other web wallets and not have heard from any other bitcoin user to claim the issue with any other web wallet but only with coinbase.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


I don't know why coinbase follows this kind of policy. Recently I read a very good article where coinbase tracking user funds if they spend their coins in gambling and adult sites even though they reselling in other exchanges and may be bans them. There are many user complaints; some of them you can take a look here https://99bitcoins.com/coinbase-review-6-controversial-issues/
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Problem?  Yes of course,  Here are some of them.

1). They don't give private keys
2). They can block/freeze your account
3). They can ran away with your coins
4). They are commonly the target of hacking groups
5). Need to verify your account to do some things ex. transactions with gambling sites

So It will be best to just store small amounts of bitcoin in an online wallet cause it is risky

These are possibilities of issues that can happen, but did one of those items already happened to you? Did you already have any issue with an online wallet?

Because risks there are everywhere, we are under risks everytime, but I can tell you even being in risk I never had any of those problems. The worse thing can happen is a hacker attack, this is irreversible, but if you are using a legit service with guarantees, their support will help you on others difficulties.
hero member
Activity: 644
Merit: 500
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase
Even if your account gets closed by coinbase, you can still withdraw your funds from it for the last time and then you won't be able to login again or use that address ever after.
The problem with blockchain is that even if you are the owner of the keys, still you cannot sign a message. Earlier version of blockchain had this feature afaik.

coinbase never open service private key and sign message
coinbase wallet is same exchanger wallet can't anything only send and receive payment
if receive from ilegal site, gambling and more your coinbase account blocked and freezed
member
Activity: 71
Merit: 10
I never had any problems with my wallet, and I also do protect them good so maybe that is the fact it does not get into any problems, sometimes the transactions are slow but that's all.

I also do not had any problems with any wallets since 2 years back, everything is working fine and I never had any issues.
sr. member
Activity: 406
Merit: 250
Wolf
Problem?  Yes of course,  Here are some of them.

1). They don't give private keys
2). They can block/freeze your account
3). They can ran away with your coins
4). They are commonly the target of hacking groups
5). Need to verify your account to do some things ex. transactions with gambling sites

So It will be best to just store small amounts of bitcoin in an online wallet cause it is risky
member
Activity: 72
Merit: 10
I never had any problems with my wallet, and I also do protect them good so maybe that is the fact it does not get into any problems, sometimes the transactions are slow but that's all.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
For depositing your bitcoins to gambling sites you need to adopt blockchain because it is a totally anonym wallet and they do not bother their members with any type of investigation but they follow the rule of anonymity and freedom for bitcoins
You are right that blokchain wallet is good option to use it for gambling sites. But it's not totally anonymous wallet, they requires user email to create account. But good thing that they never asks to send your ID or driver license.
hero member
Activity: 826
Merit: 502
For depositing your bitcoins to gambling sites you need to adopt blockchain because it is a totally anonym wallet and they do not bother their members with any type of investigation but they follow the rule of anonymity and freedom for bitcoins
full member
Activity: 224
Merit: 100
I don't like with the wallet of the circle, too many verification so that when I move the computer makes me trouble to login. After I can login, immediately I move all the balances in the circle to the Coinbase and Xapo.
newbie
Activity: 62
Merit: 0
Blockchain.info is OK, despite the inconvenience they introduced recently with a new interface version and transition to HD wallet system.

Still far much better than Coinbasenonsense, where your cryptocurrency freedom is basically gone just because of US regulations (I specially don't care about these).

Anyway, consider using an offline wallet.
legendary
Activity: 2632
Merit: 1094
Why not just use an offline wallet? It's more secure, more reliable and a lot more features! First of there is a great chance that the service might close, declare bankruptcy or steal your coins if they get so much. If you use those wallets on your PC, Phone or hardware wallets, it's much much more secure and you have some awesome features like  signing messages.

Even physical wallets can be insecure if your pc or phone is infected with a virus. There are ways to lose you coins no matter if it's a physical or online wallet and hence it's recommended to use over 3-4 wallets and not store all your coins in one wallet. Paper wallets are still better than physical wallets.
legendary
Activity: 1652
Merit: 1057
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
sr. member
Activity: 310
Merit: 250
Why not just use an offline wallet? It's more secure, more reliable and a lot more features! First of there is a great chance that the service might close, declare bankruptcy or steal your coins if they get so much. If you use those wallets on your PC, Phone or hardware wallets, it's much much more secure and you have some awesome features like  signing messages.
member
Activity: 72
Merit: 10
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever
I used three online wallets blockchain, coinbase, and coins.ph, so far I don't have any problem with that wallets, also coins.ph is convenient to me since I can easily buy bitcoin in my country and easily to exchange my bitcoin to fiat money, my main wallet is blockchain since I always play gambling and withdraw it to blockchain, I cannot withdraw to coins.ph if the bitcoin from gambling because if coins.ph know that bitcoin is from gambling they surely locked up your account.

I once used coinbase earlier but upon reading some feed back here I completely shift to blockchain. I don't have problem with coinbase at first, but I just don't want to have problem either so by following those people who are saying that they have problem with coinbase made me convince to shift. And as of now, I'm good also with blockchain and not even experiencing any problem.
hero member
Activity: 2646
Merit: 584
Payment Gateway Allows Recurring Payments
Until now, I only got problem with blockchain, when I clear cookies and login again need some verifications and ever fail to login. The weakness of blockchain is can't login with email id, so if we loss identifier is too difficult to login again.

I am using blockchain.info but so far, I don't have even problems with them and every time I clear my cache and cookies still runs the same. Because they are sending a verification to my email and that's how I login as usual so I can say I don't have any problem with them and I can say its verification is quite good enough.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Until now, I only got problem with blockchain, when I clear cookies and login again need some verifications and ever fail to login. The weakness of blockchain is can't login with email id, so if we loss identifier is too difficult to login again.
The security features are seeming to you as weakness.
Clearing history/cookies will be similar to logging from new computer then you must pass verification process.
Identifiers are good as it is too hard to remember them unlike usernames or email IDs. Saving identifiers securely for ever must be one of our responsibility.
sr. member
Activity: 518
Merit: 250
Until now, I only got problem with blockchain, when I clear cookies and login again need some verifications and ever fail to login. The weakness of blockchain is can't login with email id, so if we loss identifier is too difficult to login again.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
As a web wallet I use blockchain wallet. It's easy with a good interface and I have used it. But, there are things like as to sign a message that are missing. Moreover I can't understand the reasons people  who own it to change so frequently their software and omit 'processes' that were working smoothly, previous versions, in the past. For example in last version there is no way to export the private key from an address.
sr. member
Activity: 1050
Merit: 252
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


i am using two different online wallet which is coins.ph and blockchain.info wallet and yet i don't have any problem with these wallets but i think coins.ph is not tolerating any transactions from gambling same as coinbase and there are few users who got banned because of that. by the way why don't you try blockchain wallet it seems they are not restricting their users from gambling.
hero member
Activity: 3038
Merit: 634
So far I didn't have any problems. I'm using blockchain.info wallet and everything is functioning ok. I don't realy like the changes they have made in the new version of wallet but they don't trouble me that much. But besides onlin wallet I suggest that you also pick some other type of wallet to get your coins more secured.

The same thing as mine. I don't have problems with my blockchain.info wallet and I can say that it is becoming convenient as I use it everytime.

I just don't like its upgrade also because it is now automatically deducting transaction fees but still that is fine with me.

And regarding its confirmation I can say that I am satisfied with them and don't experience any problem to them.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
So far I didn't have any problems. I'm using blockchain.info wallet and everything is functioning ok. I don't realy like the changes they have made in the new version of wallet but they don't trouble me that much. But besides onlin wallet I suggest that you also pick some other type of wallet to get your coins more secured.
copper member
Activity: 2310
Merit: 609
🍓 BALIK Never DM First
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever
I used three online wallets blockchain, coinbase, and coins.ph, so far I don't have any problem with that wallets, also coins.ph is convenient to me since I can easily buy bitcoin in my country and easily to exchange my bitcoin to fiat money, my main wallet is blockchain since I always play gambling and withdraw it to blockchain, I cannot withdraw to coins.ph if the bitcoin from gambling because if coins.ph know that bitcoin is from gambling they surely locked up your account.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever
Is it by force that you must use coinbase wallet ? There are many good wallet providers out there that allow you to spend your bitcoin the way you wanted. I was wondering why you too cannot do without gambling, esentially, coinbase is just doing it at their level best to stop people from doing what will make them commit suicide if they lose their hard earned money.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


What a dumb concern you got there. Coinbase is exchange site and a registered company so it's a must if they will restrict those gambling transactions over them. Besides that, I see no inconvenient part if they have some terms about gambling. It's your problem anymore about that gambling.

If you really care for your gambling interest then there is lots of other web wallets around which doesn't have the same restrictions.
newbie
Activity: 8
Merit: 0
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I never know that coinbase will block our account if we do gambling.Never use coinbase before.Ya same like you,i only use blockchain until now.But i am not putting all my bitcoin at blockchain because even the secure of blockcchain is tight and high,the risk for losing your btc is still there.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Hello, if someone is tired of using online web wallets because hacks, scams and all kinds of issues, I suggest you to look my signature campaign. It's a nice new innovative wallet service, I think you can like this. You can find the official thread on this link also, if you have interest: https://bitcointalksearch.org/topic/obyte-totally-new-consensus-algorithm-private-untraceable-payments-1608859

Let's give it a try!  Wink
Online wallets aren't so trusted to use...
hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
I don't have any because it's been almost 3 years now (2.6 years to be exact) that I don't use them.

Yet I hear a lot of stories of blockchain.info wallets getting hacked, coinbase and xapo accounts getting banned or closed without real reasons behind them and lot of this sh it happening with web online wallets.

I think you get the picture now why they are to be avoided or at least to be left with very minimal amount of bitcoin.
full member
Activity: 238
Merit: 100
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase
I use coinbase more than a year and until now never got freezed. Online wallet that I ever got problem is xapo, I'm not got sms verification code for sign I tried for call also not received.
hero member
Activity: 882
Merit: 500
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

i also have the same condition .
but still i have another problem after gambling .
i am using blockchain but different adress has separate transactions charge . i am thinking to recover this problem .
hero member
Activity: 700
Merit: 500
Blockchain is like secondary/auxiliary wallet for pretty much everyone.
That must right point as blockchain.info allows me to extract my privatekeys I will be having all the functionalities for my same bitcoin address wherever I want by importing my privatekeys. Portable privatekey functionality of blockchain.info make it as a most flexible services with comparatively less restrictions yet serving all the purpose of web wallets.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase
Even if your account gets closed by coinbase, you can still withdraw your funds from it for the last time and then you won't be able to login again or use that address ever after.
The problem with blockchain is that even if you are the owner of the keys, still you cannot sign a message. Earlier version of blockchain had this feature afaik.
If signing message really was something people use frequently I think blockchain.info would keep this feature.
From my experience I doubt that more than 0.01 % of blockchain's user base ever signed a message.

Plus, Blockchain is like secondary/auxiliary wallet for pretty much everyone.
hero member
Activity: 1162
Merit: 547
CryptoTalk.Org - Get Paid for every Post!
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase
Even if your account gets closed by coinbase, you can still withdraw your funds from it for the last time and then you won't be able to login again or use that address ever after.
The problem with blockchain is that even if you are the owner of the keys, still you cannot sign a message. Earlier version of blockchain had this feature afaik.
hero member
Activity: 1932
Merit: 504
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase
legendary
Activity: 2632
Merit: 1094
I have a problem with my xapo wallet. It doesn't load with slow connections anymore (it used to load fast earlier even with my slow internet connection) nor does its app send me a verification code for login purposes. Coinbase works well but sometimes due to blockchain delays, the transactions do not even appear on the network which sometimes is a concern for me while trading.
legendary
Activity: 910
Merit: 1000
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

I have tried to opening account on coinbase, unfortunately this service is not support my country and not all of countries be supported by coinbase, should coinbase try to give chance for other countries and it will make their service become more growing, it is my big problem when use coinbase and i don't like it.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

You won't change Coinbase, but you can choose a better wallet for yourself. Coinbase should only be used to purchase coins, not to store them.
And it is not like you have no choice and must use Coinbase or something. If you insist on using online wallet the only serious choice is blockchain.info.
I never heard of any case where blockchain.info closed/suspended/froze account of anyone for using Bitcoins for gambling or any similar activity.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

I was heard it months ago that its one of the problem of coinbase user to those who use coinbase wallet address in receiving bitcoin from any gambling site. I used this service months ago but I leave it when I heard so many complaints about closing there accounts.from coinbase and now I'm currently using mycelium and coins.ph but I never faced any problem with it.
sr. member
Activity: 434
Merit: 250
I'm using blockchain.info to deal with low ammounts because it's not recommended to use with a lot of money... I saw the website offline maybe 2 or 3 times but they come back fast. I have nothing to complain about. And I never used coinbase and will never use after reading this thread.
hero member
Activity: 756
Merit: 503
Crypto.games
Yep, sending and receiving funds from gambling sites is strictly against coinbase TOS. This would quickly cause your account to be frozen.

If you're so fixed on using web wallets then, As others have suggested, blockchain.info does not restrict sending and receiving from casino sites.But they do have fees.

If you are, however, looking for one that does not have fees like coinbase, xapo is another option. AFAIK, they also do not restrict use with casino sites. They pay for the fees, same as coinbase.
But, they usually require verification and also, do read their TOS since they're pretty well known for freezing accounts.

If you don't want to go through all these, there are the better options like desktop wallets or mycelium for mobile. You have complete control of your keys. You do pay your own transaction fees of course.
member
Activity: 92
Merit: 10
Blockchain.info is down at times, and their new interface is pretty bad. I've switched to Electrum now because of it, so yes I have problems with my online wallet. If you want to use coinbase and gamble, use Coinbase -> Blockchain.info address -> Gambling site.
legendary
Activity: 1652
Merit: 1057
If i had a chance to redesign coinbase, i would remove this function forever
It is not a function, it is just their policy. When you are not comfortable with a service, all the options you will be having must be simply quitting them. Instead of getting locked with your funds, quitting well in advance would be bit wiser.
legendary
Activity: 1008
Merit: 1060
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

That's the same as coins.ph. They also have a policy that they can block your account if the funds came from a gambling site. It's really inconvenient because you should be able to use your money no matter how you want it. Anyway, you can always put your money in blockchain first and then transfer it into your coinbase wallet so the sender address wouldn't be the gambling site's.
hero member
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I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


it is not a random function that you can add or remove as you please! when you run a business or a service in a country you have to still follow the laws of that country and since coinbase is located in US they have to abide by law and the law there says you are not allowed to gamble online or something like that .

besides you shouldn't even be using coinbase as a "wallet" in the first place even if they let you gamble.
hero member
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As you said, my coinbase account was banned and blocked because i withdraw few satoshis from gambling sites. I didn't knew that before. That were the newbie days. Now, I would recommend using only desktop wallets instead of some other third party wallets. Another problem with coinbase is that you are not the owner of your addresses' private key !
I would recommend desktop wallets like electrum, etc.

I am using blockchain.info wallet and I am not facing any peculiar problems with them yet. Even I will face any in future, I will simply export and import my private keys into another wallet types and hopefully I will not have any problems with my savings.
If you encounter any problem, like account hacked,etc , even having the private keys would not help as the funds would already had been transferred.
hero member
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I am using blockchain.info wallet and I am not facing any peculiar problems with them yet. Even I will face any in future, I will simply export and import my private keys into another wallet types and hopefully I will not have any problems with my savings.
legendary
Activity: 1302
Merit: 1037
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever
You may choose another giant for online wallet providing services : Xapo. I believe they will not bother like where you are spending your bitcoins. But they in recent times enforces the verification services more strictly. Once you cross $3000 over all transactions with them you need to submit them your verification documents to continue with them.
legendary
Activity: 2912
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I don't gamble and I don't use coinbase wallet so I don't have these problems. But I know that some wallets and exchangers don't support gambling so you might have problems.
I use blockchain and mycelium wallet and I don't think they have such restrictions. So maybe that you open another wallet.
hero member
Activity: 980
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I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

Coinbase have a right to deny accepting bitcoins fro gambling since I think it is only because tey are complying to their countrys' rule.
Use xapo or blockchain instead if you want a web wallet. If you want complete freedom and access to your wallet use electrum , multibit or mycelium in mobile. It is more secure.
legendary
Activity: 1386
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I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


You cant do anything about   it because  its against  on their ToS. Its  not  just  coinbase but there are wallets   still prohibits  gambling  like  circle  and coins.ph,  these  online wallets  do  prevent  people   on  using  it  on  gambling  purposes. If  you  do gambling then its better to   use   other wallets  like  blockchain because they  dont have any restrictions  regarding  on these  things.
sr. member
Activity: 420
Merit: 250
Why they are against gambling? O.O If it's your money, you can spend where you want! Just download an PC wallet and be happy, I still don't know why people that use bitcoin lose their time with 3rd party services. Be your own bank.
legendary
Activity: 1218
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You can either try blockchain.info wallet or electrum desktop wallet both don't care much about KYC policy and you are free for any type of bitcoin transaction, they don't care about those things.
hero member
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I heared about it yesterday. It's not a nice feature of your wallet, I suggest you to change to another online wallet, there are some of them.

I use Blockchain.info, it's a good wallet, never had any problem with that and they don't complain if you want to spend your money gambling. No one wallet should complain about it, because Bitcoin was made to be a free and anonymous currency and this wallet is disturbing the freedom ideology of Bitcoin and crypto-currencies.
hero member
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I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever
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