Author

Topic: The Tie that Bonds: Digital Wallet and Bank Account (Read 720 times)

legendary
Activity: 2912
Merit: 1060
No when you but from coinbase, they will pull the money automatically
newbie
Activity: 40
Merit: 0
I'm going to base off of coinbase, but I signed up for mt gox too.

When you sign up for coinbase you will enter the required information. You do not need to provide a bank account when you register, you can do that later.

When you add a bank account, depending on who you bank with it might give you two options to verify.
1. Deposit two small amounts and you verify the amounts in a few days.
2. Coinbase can log into your account and verify it that way.

I went with the instant verification with my chase account, but my usaa account I did the deposit method.

From there if you are selling you just generate an btc address and send it to it from another wallet. If you are buying you can link a credit card, visa only I believe, and buy.

great, you are right. i asked the bank for the routing number, and with my bank account number; with those two things i was able to complete the required fields.

here is another question. .. in order to buy bitcoin, do i need to first transfer monies into my wallet from my bank account manually, or will all my bank deposits already be linked in my wallet ??

one more, can people buy bitcoin with credit i.e. visacard, mastercard.? haha
newbie
Activity: 42
Merit: 0
I'm going to base off of coinbase, but I signed up for mt gox too.

When you sign up for coinbase you will enter the required information. You do not need to provide a bank account when you register, you can do that later.

When you add a bank account, depending on who you bank with it might give you two options to verify.
1. Deposit two small amounts and you verify the amounts in a few days.
2. Coinbase can log into your account and verify it that way.

I went with the instant verification with my chase account, but my usaa account I did the deposit method.

From there if you are selling you just generate an btc address and send it to it from another wallet. If you are buying you can link a credit card, visa only I believe, and buy.
newbie
Activity: 40
Merit: 0
right, sorry, im in usa, northern california.
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so these sites like, bitstamp and coinbase.

when we sign up, these website ask for our name, contact infor, and bank account info right..?

so is all that bank information available to us at our banks / credit union ?

&thx
newbie
Activity: 42
Merit: 0
How To connect a digital wallets and bank accounts ??

i never set up any sort of digital wallet account.

so how would i got about asking if my bank or credit union offers that service ??

i think i would, try to open a seperate account, but how do i make that connection between my digital wallets and my bank account ?? do i just show up with my bitcoin address ??

+ any tips on which digital wallet is secure and quality ?
i have multicoin and litecoin already.

and i know of bitstamp (optional) and coinbase (optional).

thx

What country are we talking about?

No banks that I know of offer the BTC->USD->BTC exchange, this has to been done by mt gox, coinbase...

I have no affiliation with coinbase, and you can see throughout the forms that it gets negative reviews. I have made 3 sells so far through them and I haven't had any issues yet.

For me, I have a separate bank account for all my coinbase transactions. I linked that to my coinbase account and when i want to sell I just send the btc to my coinbase wallet and sell it.
newbie
Activity: 40
Merit: 0
How to connect (a) digital wallets and bank accounts ??

i never set up any sort of digital wallet account before this recent week. (no online credits or direct pays)

so how would i got about asking if my bank or credit union offers that service ??
trying to link a bank account to a digital wallet, so that i can have money in the digital wallet to buy coins.

ibut how do i make that connection between my digital wallets and my bank account ?? do i just show up with my bitcoin address ? tell them "i want to link to this."

+ any tips on which digital wallet is secure and quality ?
i have multicoin and litecoin already.

and i know of bitstamp (optional) and coinbase (optional).

thx
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