I have made a blockchain wallet, coinbase wallet. Basically give my sportsbook my blockchains address. then i transfer the money to coinbase and the money from coinbase to my bank account. does this sound right? im very new to using bitcoins. how long does it take to make these transfers, is it immediate? and is coinbase the best transfer or circle?
thanks
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I have made a blockchain wallet, coinbase wallet. Basically give my sportsbook my blockchains address. then i transfer the money to coinbase and the money from coinbase to my bank account. does this sound right? im very new to using bitcoins. how long does it take to make these transfers, is it immediate? and is coinbase the best transfer or circle?
Yes you have that correct. The transfers between the sports book and block chain and then block chain to coinbase shouldn't take longer than 10 mins once they are sent. Coinbase sometimes takes a bit longer. The longest I've ever waited for coinbase was an hour but that was a rare occasion. From coinbase to your bank should take 2-3 business days. They will tell you exactly when once you initiate a transfer.
Yes you have that correct. The transfers between the sports book and block chain and then block chain to coinbase shouldn't take longer than 10 mins once they are sent. Coinbase sometimes takes a bit longer. The longest I've ever waited for coinbase was an hour but that was a rare occasion. From coinbase to your bank should take 2-3 business days. They will tell you exactly when once you initiate a transfer.