Mining pool deposit to bittrex instead of wallet ?

cryptoyug

newbie

Activity: 28

Merit: 0

Quote from: duffann on July 19, 2017, 06:13:36 AM

Hello,

Is it a problem to request deposits to bittrex wallet instead of altcoin's own wallet ?

Thanks

Only minimum threshold is issue with any coin exchange. if you fine with it then no issue at all.

Commie

full member

Activity: 621

Merit: 108

Quote from: QuintLeo on July 19, 2017, 07:57:41 PM

Quote from: Ambros on July 19, 2017, 07:42:00 AM

Many people do that, anyway generally this should not be done.
Mainly because the exchange can credit your coins only when they reach a determined amount (for example poloniex shows ETH deposits only where they are more than 1ETH)

If you are mining any scamcoin for a few days it's not a big deal, but if you like that coins you should void keep it on the exchange, indpendently on the credit strategiy

AFAIK, Polo on ETH is the ONLY exchange that does that - and it's easily worked around by just setting your payout threshold to 1 ETH or higher on your pool.

I don't recommend using Polo for anything though, they've had WAY too many issues this year and STILL haven't resolved most of them.

Few exchanges out there actually don't accept payments from pools. Or at least they say so.

philipma1957

legendary

Activity: 4172

Merit: 8075

'The right to privacy matters'

Quote from: QuintLeo on July 19, 2017, 07:57:41 PM

Quote from: Ambros on July 19, 2017, 07:42:00 AM

Many people do that, anyway generally this should not be done.
Mainly because the exchange can credit your coins only when they reach a determined amount (for example poloniex shows ETH deposits only where they are more than 1ETH)

If you are mining any scamcoin for a few days it's not a big deal, but if you like that coins you should void keep it on the exchange, indpendently on the credit strategiy

AFAIK, Polo on ETH is the ONLY exchange that does that - and it's easily worked around by just setting your payout threshold to 1 ETH or higher on your pool.

I don't recommend using Polo for anything though, they've had WAY too many issues this year and STILL haven't resolved most of them.

POLO or POLINIEX still has yet to answer me no less fix a missing 1.52 ETC deposit of mine.

I like bittrex i have mined directly to addresses located with them.

jwarren81

full member

Activity: 211

Merit: 100

I've been doing this for the last year to both Poloniex and Bittrex. I've had zero issues and it dramatically simplifies things when mining many different coins. You don't have to maintain wallets for each coin and can quickly sell or switch them to a more preferred coin. They also handle keeping the wallet software up to date as well. If you are just mining Eth, I can see mining to a local wallet but even then, I'd just mine it to Coinbase.

One warning, is to always use a pool for mining that you send to exchanges. They usually have warnings about mining directly to an exchange wallet when in solo mode.

Otherwise, mine away . . . there's little to no risk involved.

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: Ambros on July 19, 2017, 07:42:00 AM

Many people do that, anyway generally this should not be done.
Mainly because the exchange can credit your coins only when they reach a determined amount (for example poloniex shows ETH deposits only where they are more than 1ETH)

If you are mining any scamcoin for a few days it's not a big deal, but if you like that coins you should void keep it on the exchange, indpendently on the credit strategiy

AFAIK, Polo on ETH is the ONLY exchange that does that - and it's easily worked around by just setting your payout threshold to 1 ETH or higher on your pool.

I don't recommend using Polo for anything though, they've had WAY too many issues this year and STILL haven't resolved most of them.

bobo012

sr. member

Activity: 714

Merit: 257

I have never had a problem depositing directly int a exchange account. Just set some bigger treshold to avoid spam and you are good to go.

Ambros

hero member

Activity: 653

Merit: 500

Many people do that, anyway generally this should not be done.
Mainly because the exchange can credit your coins only when they reach a determined amount (for example poloniex shows ETH deposits only where they are more than 1ETH)

If you are mining any scamcoin for a few days it's not a big deal, but if you like that coins you should void keep it on the exchange, indpendently on the credit strategiy

Commie

full member

Activity: 621

Merit: 108

Depends on minimum payout/deposit limits.

duffann

full member

Activity: 178

Merit: 102

Hello,

Is it a problem to request deposits to bittrex wallet instead of altcoin's own wallet ?

Thanks

Topic: Mining pool deposit to bittrex instead of wallet ? (Read 1468 times)