Bitcoin Experience

GungHo

Member
Joined
Mar 20, 2016
Messages
90
I just used Bitcoin to renew my sponsorship here on DBG and thought I would share my experience. 

Last year I lost my Coinbase account after I donated to DBG, just like several other members have posted.  Obviously Coinbase assumes we are all drug dealers so they want nothing to do with us.   😛

But I found out that the key to making it work is to only donate to DBG from an electronic wallet, not from a BTC exchange like Coinbase or Kraken.  

I only needed two apps to make it work; Cash App and Green Wallet, both free and downloadable from the Apple App store.  I am sure Google Play has the same apps.

First I bought my coin using the Cash App. You have to verify your identity with Cash App before you can send your BTC to anyone else but that only took about a day.  You use the Cash App to capture a picture of both sides of your DL or other picture ID, and a current picture of yourself.  They denied my request the first time because my pics were not clear enough but the second time I tried it worked perfectly.  I was approved in just a few hours.

Next, I downloaded Green Wallet and setup the security for it; strong password, mnemonic phrase, a PIN, and I also turned on Face ID.  I am not sure how secure the app is overall, but it's popular, very easy to use, and I don't ever plan on using it to send more than $30-$50 at a time.  And not for storage either.  I will research it a bit more, including more apps if I decide to get into storing a lot of Bitcoin.

After you setup your Green Wallet, just transfer your BTC from Cash App to your Green Wallet (or other electronic wallet).  It takes about 10-20 minutes before your funds appear in your wallet.

Next, use your Green Wallet to send the appropriate amount to DBG.  Easy and anonomous too!

BTW, I also registered with Blockchain.com but realized I did need it when I used the electronic wallet.  

 
Same goes for ANY purchase transaction, really. Always use a wallet _you control_, not an online wallet. Companies like Coinbase are under scrutiny from financial regulators, and regularly check for transactions to "questionable" destination wallets. What's acceptable today may become "questionable" tomorrow, too :( 

 
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  1. L @ Layne_Cobain: @tiquanunderwood so dissapointing man led whole game and then can’t get some first downs to kill some clock and a stupid roughing penalty puts them in easy fg territory…oh well gotta move on I guess gonna have to sweep the bucs there’s other ways in but that’s the most straightforward
  2. tiquanunderwood @ tiquanunderwood: @Layne_Cobain Looking great at halftime. Hope you're having a good tme.
  3. tiquanunderwood @ tiquanunderwood: @Layne_Cobain Finally a solid week for us! Hoping you the same in 20 minutes!
  4. L @ Layne_Cobain: Awww man forgot my niece has her travel basketball game in my town at 430 promised her I’d go guess I’ll be watching big chunk of the game on my phone lol
  5. L @ Layne_Cobain: Haha forgot all about weeden…speaking of old let’s GO OLE MAN RIVERS!!! Go ravens too!!!
  6. tiquanunderwood @ tiquanunderwood: ROOTING FOR YOUR CATS LAYNE COBAIN. FUCK SHOUGH (i actually kinda like him lol hes old like brandon weeden was)
  7. tiquanunderwood @ tiquanunderwood: LETS GO BABY!
  8. L @ Layne_Cobain: @tiquanunderwood and @drdrizzy13 and all others enjoy football Sunday let’s goooo
  9. Y @ Yaugae5121: Can’t believe Ohio banned 7oh. What a joke 👎👎
  10. D @ dopiedan: mushroom
  11. E @ EldritchMusic: american dream
  12. L @ Layne_Cobain: @drdrizzy13 that’s exactly how my buddy whose a saints fan feels he was hellah pissed after you guys won last Sunday lol
  13. D @ drdrizzy13: Coming from a Saints fan I want us to tank. No reason to win.
  14. tiquanunderwood @ tiquanunderwood: @Layne_Cobain Rooting for the Panthers!
  15. L @ Layne_Cobain: @tiquanunderwood i know bro the East is gonna be a sluggest…falcons winning makes it now so panthers beat NOLA and take one of two from the bucs we run the south man im so Fkn excited but also hesitant better not pull no bs against the saints Sunday
  16. tiquanunderwood @ tiquanunderwood: @Layne&Cobain I'm thrilled about that signing for the O'S! AL East is gonna be brutal this year.
  17. D @ drdrizzy13: @Bloodraven666 you aren't supposed to post things like this in the shoutbox. Post it somewhere on the forum. It's probably already been answered.
  18. Ketmaster @ Ketmaster: Hey dumbass, read the rules
  19. L @ Layne_Cobain: @tiquanunderwood lmao I know bro but for real let’s go falcons tonite!!! Help us cats out…how about your orioles getting Pete that’s Fkn huge can’t believe Mets gave him up without even a fight
  20. D @ drdrizzy13: He's got Antonio Cromartie beat! Shit there's a bunch of rumors of Anthony Edwards having like 20 kids.
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