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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  2. Thoth @ Thoth: That is crazy he was def online somewhat recently
  3. Y @ Yaugae5121: That’s crazy because jax has been online a few times over the last week. Whenever I was looking at the thread, I clicked his name and the one time he was even on just a few minutes prior :-/
  4. Realbenzeyes @ Realbenzeyes: @Royboy99 😑
  5. L @ Layne_Cobain: Headed for the black list by the looks of it
  6. R @ Royboy99: Anyone hear from Jax?
  7. murkeycatfish @ murkeycatfish: Looking for any mags on reliable adhd mags. Are there any magazines.
  8. Realbenzeyes @ Realbenzeyes: @Maelstrom blessings to you as well. Another week down many more to go 😂
  9. Maelstrom @ Maelstrom: Another weekend in the history books. Hope everyone made the best use of their time allotted for R and R and feel nice and recharged to face another stretch of the weekly grind. God thing we have nice folks around here to help shoulder the load. Sleep well mi amigo. AMF
  10. Realbenzeyes @ Realbenzeyes: 46 years since we won. It was well played by both sides but hell yea
  11. K @ KingGnostic: Where?
  12. L @ Layne_Cobain: @Yaugae5121 great Fkn game dude!!! Canada def played better but helleybuck stood on his head and we were opportunistic got that gold 🥇
  13. Y @ Yaugae5121: Man that USA VS Canada game was intense earlier!!
  14. R @ Royboy99: ..
  15. R @ Royboy99: ..
  16. Realbenzeyes @ Realbenzeyes: Happy weekend bro, sucks it’s almost over 😂
  17. Realbenzeyes @ Realbenzeyes: Just a heads up
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  19. Realbenzeyes @ Realbenzeyes: @cannedgoods Yoooo, not the place my guy.
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