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    All Forums | Gaming Industry - US

    5dimes + bitcoin I have some newbie questions....

    SportsFan9698
    alldub
    Participants:
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    Views: 1253
    Posts: 3
     
    SportsFan9698
    SportsFan9698
    Banned
    Participation Meter
    Joined: May, 2010
    Posts: 5575
    Posted: Apr. 11, 2016 - 11:35 AM ET #1

    I have been with 5dimes for a decade, and have nothing but a great experience.  I have deposited more than I care to admit, and I have been paid at times in large sums with no hassles at all.

    So I'm a newbie to bitcoin.  I have read what I can find, and I decided to learn more I just need to jump in and try it.  I created a wallet with COINBASE because my research concluded it is reputable for US customers.

    I made a request for a payout of the minimum $25 today to my wallet ID.  I received the message telling me it would be a minimum of 24 hours before my transaction would be processed.

    1)  Is this the experience others have had?  I thought the bitcoin payouts were supposed to be close to instantaneous... I guess I was wrong?

    2)  After receiving the funds to my wallet, I would then have to transfer to my bank which I would understand could take a few business days.  

    I'm looking for the most secure and advanced method of receiving cash in my hand from my 5dimes acct... but it looks like this method will be slower than the DCFA method that I have used many times with no trouble.

    Any comments are welcome.
    Reply
    To remove first post, remove entire topic.
    I have been with 5dimes for a decade, and have nothing but a great experience.  I have deposited more than I care to admit, and I have been paid at times in large sums with no hassles at all.

    So I'm a newbie to bitcoin.  I have read what I can find, and I decided to learn more I just need to jump in and try it.  I created a wallet with COINBASE because my research concluded it is reputable for US customers.

    I made a request for a payout of the minimum $25 today to my wallet ID.  I received the message telling me it would be a minimum of 24 hours before my transaction would be processed.

    1)  Is this the experience others have had?  I thought the bitcoin payouts were supposed to be close to instantaneous... I guess I was wrong?

    2)  After receiving the funds to my wallet, I would then have to transfer to my bank which I would understand could take a few business days.  

    I'm looking for the most secure and advanced method of receiving cash in my hand from my 5dimes acct... but it looks like this method will be slower than the DCFA method that I have used many times with no trouble.

    Any comments are welcome.
     
    alldub
    alldub
    Captain
    Participation Meter
    Joined: Sep, 2007
    Posts: 6618
    Posted: Apr. 11, 2016 - 11:48 AM ET #2

    Processing time will be about the same as the DCFA. It'll just be cheaper. However, if you use your one withdraw a month, I'd probably stick to the DFCA. 
    Reply
    Processing time will be about the same as the DCFA. It'll just be cheaper. However, if you use your one withdraw a month, I'd probably stick to the DFCA. 
     
     
    SportsFan9698
    SportsFan9698
    Banned
    Participation Meter
    Joined: May, 2010
    Posts: 5575
    Posted: Apr. 11, 2016 - 11:52 AM ET #3

    Quote Originally Posted by alldub:

    Processing time will be about the same as the DCFA. It'll just be cheaper. However, if you use your one withdraw a month, I'd probably stick to the DFCA. 

    Thank you - I guess that is what I have learned.

    I would like to understand using bitcoin more though.... what is the fastest way to transfer bitcoin from my COINBASE wallet to cash in my hand?  I heard something about COINBASE ATMs in my area.  If anybody knows anything about this please let me know
    Reply
    Quote Originally Posted by alldub:

    Processing time will be about the same as the DCFA. It'll just be cheaper. However, if you use your one withdraw a month, I'd probably stick to the DFCA. 

    Thank you - I guess that is what I have learned.

    I would like to understand using bitcoin more though.... what is the fastest way to transfer bitcoin from my COINBASE wallet to cash in my hand?  I heard something about COINBASE ATMs in my area.  If anybody knows anything about this please let me know
    All Forums | Gaming Industry - US

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