Sportsbook to Coinsquare

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  • RoyalOak
    SBR Rookie
    • 02-17-18
    • 23

    #1
    Sportsbook to Coinsquare
    This question may have already been discussed in another forum so if someone can direct me to the post that would be great.

    My question: I am looking to do my first withdrawal under bitcoin method. I have heard Coinbase has blocked receiving funds from sportsbooks and was wondering if anyone has used Coinsquare to process a withdrawal from their sportsbook account?
  • Optional
    Administrator
    • 06-10-10
    • 60662

    #2
    Originally posted by RoyalOak
    This question may have already been discussed in another forum so if someone can direct me to the post that would be great.

    My question: I am looking to do my first withdrawal under bitcoin method. I have heard Coinbase has blocked receiving funds from sportsbooks and was wondering if anyone has used Coinsquare to process a withdrawal from their sportsbook account?
    Every US licensed exchanger is not supposed to transfer funds for gambling.

    Most people choose to try to respect their rules by never sending directly to/from a sportsbook and Coinbase (or any US exchanger). This seems to have kept people off the radar for the last couple of years.


    Do you use a personal wallet like Electrum.org or Mycellium?

    If so, just withdraw from your book to that wallet before on-sending it to Coinsquare.
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    • RoyalOak
      SBR Rookie
      • 02-17-18
      • 23

      #3
      Thanks for the reply. By the looks of it I will have to send from sportsbook to my wallet with blockchain and then from blockchain to coinsquare.
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 60662

        #4
        Blockchain.info/wallet is a common one people have used as an intermediary.


        You'll probably find they will offer the option to sign up with their own exchange next time you log in. Best not to do that if you want to continue to use them as an intermediary personal wallet.
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