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. tiquanunderwood @ tiquanunderwood: Excited for someone new! And whoever gets the job should be stoked.
  2. tiquanunderwood @ tiquanunderwood: But yeah that whole season made me want to throw up
  3. tiquanunderwood @ tiquanunderwood: @Layne_Cobain I was pretty busy with holidays and working
  4. tiquanunderwood @ tiquanunderwood: @Layne_Cobain I'm back! Ready for a coaching hunt! Rooting for your panthers today.
  5. Realbenzeyes @ Realbenzeyes: Hopefully it will just be a good game. Watching TCU’s natty run was about the worst it can get. Please don’t give us another blow out 60 min lol
  6. Realbenzeyes @ Realbenzeyes: As much as I would like to see Carson Back win a natty after all he’s been through. I just don’t see it
  7. Realbenzeyes @ Realbenzeyes: The U isn’t stopping that offense or defense. Even if they do manage to some what dumb down that defense. The offense is just way too explosive! Fkin Indiana who would’ve known lol
  8. M @ meepmoopmeep: Wasn’t fun watching Oregon get curb stomped in the first half but Indiana deserved the win more
  9. M @ meepmoopmeep: I think Indiana is going to win the natty
  10. D @ drdrizzy13: wow Indiana looking really really good.
  11. L @ Layne_Cobain: I seriously hope our guy @tiquanunderwood didn’t take a header after that Steelers ravens game and harbaughs firing jr ain’t worth it tiquan sports drive all of us equally mad at times hope you’re chillin 😎
  12. Realbenzeyes @ Realbenzeyes: I’m salty myself, being an Ohio state fan, but Miami is winning by the smallest margin. Indiana going to be hard to beat
  13. M @ meepmoopmeep: I’m salty about the SEC being eliminated but good for Miami. it was a well fought game by both teams
  14. M @ meepmoopmeep: Imagine being a 10 seed barely squeaking into the playoffs becoming a cinderella team
  15. M @ meepmoopmeep: I think they can beat Oregon, but Indiana is too good
  16. Realbenzeyes @ Realbenzeyes: Who thinks Miami stands a chance vs either team (Oregon or Indiana) my bet is Indiana but you never know
  17. S @ sporidicus: delete this though, if it's the wrong place
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