Topic: Gamblers, be careful with Coinbase! - page 3. (Read 13941 times)

Thank for your info i am coinbase user too and i think its better to move in another wallet that accepting gambling site.. i heard many time that coinbase is not good to use in gambling site they are locking some to withdraw or deposit in your coinbase wallet...

This is true . Coinbase doesnt entertain wallets for gamblers . I just dont like coinbase ... Too many rules and stuff . I use blockchain its far better from coinbase and i suggest you guys to use the same

You should also note that the deposit address on coinbase accounts now changes every little bit,  so it will not work for sites like fishbitfish.

This is old news but once again be careful with Coinbase when using their wallet to fund your gambling sites accounts because if Coinbase get a sniff of your affiliation with any gambling site your Bitcoin wallet account will be immediately banned. I have seen a lot of people predominantly Americans complaining about that.

I'm always hearing bad things about coinbase, i'll never use them.
Why do people continue to use them ?

Well just readed this, i think a made hundreds of transaction from my coinbase wallet to some gambling sites, for the moment coinbase tell me nothing about it, maybe it's because th transaction were very small, btw thanks for the tips. I'll use another wallet for this kind of things

you should never use coinbase or any other service like that as your bitcoin wallet.
creating a bitcoin wallet and securing it on your own is so easy so you don't need any third party like them to handle things for you, and force you to jump through hoops for them.

i don't understand why have this limitation , personally i don't use coinbase but i have read of this problem in another thread.
can't work like skrill ? When i open account skrill i have 2 option
1. i use my money for gambling
2. i don't use my money for gambling

yeah we all know about this,thanks for remind me,i think some people here already aware with this,coinbase want be clear from illegal or other activity related gambling,and they so rude with this.

woa, now coinbase is so uptight with the account. I even put a note on a transaction of transfer btc from coinbase to fairlay. I wont be surprise that i got banned too although now i am not yet.

Let's put it all together about Coinbase (at least, from my, EU-resident perspective)

- Is Coinbase registered in any EU country as a money service? They deal with European fiat money, too

- I personally am not a gambler, but I have no influence whatever (considered dirty) bitcoins my friend would deposit into my account when trading. If I understand correctly from all the available information, Coinbase can have problems with incoming bitcoins

- If I understand correctly from all the available information, Coinbase can have problems with outgoing bitcoins as well; even if I'm not transferring to a gambling site, if I were just to transfer to another exchange's wallet Coinbase would label me as a money transmitter or something, and flag my account.

Still, for some reasons I'd use hosted wallets for convenience such as trading small amount with friends in person, buying coffee. Anything but Coinbase, kind of? Coinbase would be perfect just for the above purposes; free transfers, bitcoin starts to appearing on the account in 5 minutes or half a confirmation.

So, can you confirm that Coinbase can have problems with both incoming and outgoing bitcoins, or only in one direction? If only in one direction, then I may still fit it somewhere in my wallet (only wallet, no connection to fiat) portfolio, if it has problem with both incoming and outgoing, then I may conclude if you live in the free world (from a banking perspective that means outside the US), you have no reason whatsoever to use Coinbase.

Coinbase is too legal to use!
Just read there term & conditions,you will be amazed

It is disturbing Coinbase is at least trying to monitor the bitcoin traffic but

how are they doing this?

Unless the transactions are blatantly obvious (i.e. notes saying it's for gambling), this is going to be hard.

How is coinbase dealing with this?

Yes, they arnt the best to use.
The best is downloading tour own wallet and using it. Noone can do anything with you then(except for kids, who delete whatever they see on pc).

Imagine that there are 1,000 customers like you and that makes 5 BTC easy profit for Coinbase. C'mon guys, if you didn't do illegal things there is always a reason to investigate your locked account.

If gambling is illegal in US, then why the fuck was the user gambling? Coinbase was fully justified in doing this.

My first thought: Why do you guys even use coinbase when you already have other wallets?

This was my first thought btw.
Really can't get why should I use a service where I'm not free on my choices

Thanks for info
Luckily i don't use coinbase anymore, their service is totally bad

And why there are some people use Coinbase ?

ive had my account closed also, played on primedice :/

didnt have any coins so at least i dont have to deal with that at least..