The best way to fund and get paid.
- Thread starter MadJack
- Start date
I've found that localbitcoin.com is an easier & faster site to buy bitcoins than coinbase. It doesn't require a bank acct.
Ok Jack? Or anyone that can help. I've withdrawn bitcoin via blockedchain then transferred over to coinbase, now what are my best options to convert to USD? Help I'm stumped.
Coinbase has a USD wallet where you can park it there, or you can transfer to your bank or whatever source you linked to Coinbase.
I just leave my money in Blockchain and go with the swings in price. I started in July when BTC was in the $500's and now it's $1080 last time I looked today.
Get the Bitpay card and send your money there and use it as a Visa debit or take out the cash at any ATM.
Ok, I see now I order the bitpay card then move it over:0074
Thanks for the walk through.
are there any links that i can go to - to get set up at blockchain and coinbase?
so book --> blockahin --> coinbase --> bitpay --> atm card to withdraw, that right?
has anything changed as far as another site being easier, better to use?
off the top of experienced user, what might i expect as far as turnaround for a withdrawal???
is blockchain a BTC address? because thats what im being asked to provide.
any help beyond gratefully appreciated. -t
so book --> blockahin --> coinbase --> bitpay --> atm card to withdraw, that right?
has anything changed as far as another site being easier, better to use?
off the top of experienced user, what might i expect as far as turnaround for a withdrawal???
is blockchain a BTC address? because thats what im being asked to provide.
any help beyond gratefully appreciated. -t
Last week I took a payout from betagame directly to my bitpay card. Went to an ATM and took out my cash. I think you're taking way too many steps. Just do book to blockchain to bitpay is fine. I haven't used coinbase in a long time at all.
fantastic, i will give that a shot - and bitpay still the best card you'd use? curiously, do you ever run into bank / atm limits aside from whats listed at card site?
i dont have a bitcoin wallet - and blockchain is that? sign up at blockchain . com - just so i know correct site? that right?
thank you btw
I don't remember what the limits to the ATM withdrawals are but I think it was around $3000 a day, $750 per transaction? Anyway, I took out $2000 when I was in Vegas. I went to an ATM in one casino and took out $700, a little while later at another casino I took out $700 and later on I took the other $600. I had a balance of $59 on the card that covered the fees that are higher in Vegas than they are at home. At my home bank the fee is $2.50 and in Vegas the fee was $7. When you take cash from an ATM use the "from checking" option or it won't work.
Here's what my bitpay account looks like after those transactions.
Sent from my iPhone using Tapatalk
and those look to be all one the same day, so to get max withdrawal amt, you might be at mercy of ATM's max withdraw limit, however should be able to make multiple withdraws, no problem then, from looks of it
and lastly (hopefully) i dont have a bitcoin wallet - and blockchain is that? sign up at blockchain . com - just so i know correct site? that right?
ACTUALLY,ONEMORETHING,SORRY-
actually, one more thing, sorry - blockchain works in bitcoin, so if i --for example withdraw 1248.26 usd from book, that equates to 1 bitcoin (if thats where market is at time - see below). if, in time that i leave funds there, i am at mercy to fluctuation of BTC value then, yeah? possibly worth more or less depending on valuation when withdraw?
1 BTC = $1,248.26
sorry havent trekked into world of bitcoin at all
Correct if you leave out there can fluctuate up or down. Mine has been sitting out there about 2weeks and has gone up a nice little amount.
Coinbase has a USD vault where you can store your money in USD without taking the risk of BTC going down. I've left my money in blockchain since July of last year so have made a lot of money because it was in the $500's then. I have an uncomfortable amount in there now and since the dip last night, I'm thinking about moving some back into that vault at coinbase. I'm watching very closely all day today. Yesterday it stayed in the $1265-$1275 range but today it's sitting at $1230 as I type and was way lower before I woke up this morning so maybe it's making it's way back up. Who knows....
doesbitpaycard
does bitpay card work in being able to retrieve funds from both/either coinbase or chainblock?
