jimebear
Pussy Willow
Hey guys,
Just following up on my bitcoin process.
Keep in mind that I haven't set up for buying through bank account or credit card to make deposits at casino.
The main reason I opened a bitcoin account was because it was the only way I could cash out from the casino since their minimum is $200 for wire transfer, but I wanted to cash out $150. They said it would be free and quick if I open an account with bitcoin.
I set up my bitcoin account using my bank account as method of payment.
Then I requested my withdrawal for $150 from casino. All I had to do was paste my "bitcoin address" (which is a bunch of letters and numbers bitcoin gives you once you've been verified).
It was so quick and easy I didn't think I had done it correctly.
INETBET processed it within 24 hours and I received an email from Bitcoin that I had received a bitcoin transaction.
I went into my Bitcoin account and their was the transaction minus a fee of $2.99.
The next and final step was to "sell" it to my bank account which meant I just transferred it to my bank account I had listed.
Today, (Monday at 12:30 EST) the correct amount was credited to my bank account.
Now, I do not fully understand the details or the hows and whys. Like I said, I just wanted a method to withdraw since I couldn't request a wire for less than $200.
However, I plan on using it to WITHDRAW from casinos simply because it's so fast, quick and easy. No waiting until certain days of the week and then for the bank to get my wire transfer.
I'm not sure about other online casinos, but with INETBET it's processed within 24 hours and then basically I "wire" it to my bank account.
I think there is a maximum bitcoin withdrawal with them but like the large jackpot I won a while back, they 'll just break it down in increments of the maximum until you are fully paid.
Hope this isnt' too confusing but if you have any questions, talk to DEEDS!!!! Lol!
Best of Luck!
Jimebear
Just following up on my bitcoin process.
Keep in mind that I haven't set up for buying through bank account or credit card to make deposits at casino.
The main reason I opened a bitcoin account was because it was the only way I could cash out from the casino since their minimum is $200 for wire transfer, but I wanted to cash out $150. They said it would be free and quick if I open an account with bitcoin.
I set up my bitcoin account using my bank account as method of payment.
Then I requested my withdrawal for $150 from casino. All I had to do was paste my "bitcoin address" (which is a bunch of letters and numbers bitcoin gives you once you've been verified).
It was so quick and easy I didn't think I had done it correctly.
INETBET processed it within 24 hours and I received an email from Bitcoin that I had received a bitcoin transaction.
I went into my Bitcoin account and their was the transaction minus a fee of $2.99.
The next and final step was to "sell" it to my bank account which meant I just transferred it to my bank account I had listed.
Today, (Monday at 12:30 EST) the correct amount was credited to my bank account.
Now, I do not fully understand the details or the hows and whys. Like I said, I just wanted a method to withdraw since I couldn't request a wire for less than $200.
However, I plan on using it to WITHDRAW from casinos simply because it's so fast, quick and easy. No waiting until certain days of the week and then for the bank to get my wire transfer.
I'm not sure about other online casinos, but with INETBET it's processed within 24 hours and then basically I "wire" it to my bank account.
I think there is a maximum bitcoin withdrawal with them but like the large jackpot I won a while back, they 'll just break it down in increments of the maximum until you are fully paid.
Hope this isnt' too confusing but if you have any questions, talk to DEEDS!!!! Lol!
Best of Luck!
Jimebear