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Title: So coinbase closed my account for gambling... Post by: meatmeat on October 30, 2015, 03:53:13 AM I presume that's why.
I got a warning email a month or so ago...I had done a few withdraws directly to CB from poker sites. Once I got it, I did every single transfer through a middle wallet first. I'm guessing the transaction behavior was what led to the closure since I never went directly to gambling from CB again (winning poker player...I would keep X amount in CB, when I won that amount in poker, I would sell it on CB and withdraw that amount from the poker site to my other wallet and then to CB) What other sites can I use that are easy as coinbase? I could sell a bitcoin one day and the money would be in my bank account the next day with very low fees, less than 1%. Thanks Title: Re: So coinbase closed my account for gambling... Post by: Arcteryx on October 30, 2015, 03:58:59 AM What is it their business what you do with your coins as long as they get paid?!
It sounds that you have it linked to your bank account to be able to sell what you win. But still, they could say it is illegal activity if the amounts are high. Suspect of money laundering ? Can't see that as they see where the funds are coming from. Is it in their TOS that gambling is not allowed using their services? Title: Re: So coinbase closed my account for gambling... Post by: lemipawa on October 30, 2015, 04:02:42 AM I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase.
Title: Re: So coinbase closed my account for gambling... Post by: meatmeat on October 30, 2015, 04:06:24 AM What other sites can you link your bank account and your sells go directly to your bank?
Title: Re: So coinbase closed my account for gambling... Post by: bitbaby on October 30, 2015, 04:16:26 AM I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase. Coinbase does prohibit using their service to send/receive money from gambling sites, it may go unnoticed but when and if they find out they will close your account and this is not the first time it has happened. Here's where they mention these rules: Quote from: https://www.coinbase.com/legal/user_agreement --Appendix 1: Prohibited Businesses and Prohibited Use 5. Gambling, except where permitted by Coinbase --You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Use"). By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following: 3. Partake in any transaction involving online gambling except where permitted by Coinbase; Title: Re: So coinbase closed my account for gambling... Post by: meatmeat on October 30, 2015, 04:19:12 AM I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase. Coinbase does prohibit using their service to send/receive money from gambling sites, it may go unnoticed but when and if they find out they will close your account and this is not the first time it has happened. Here's where they mention these rules: Quote from: https://www.coinbase.com/legal/user_agreement --Appendix 1: Prohibited Businesses and Prohibited Use 5. Gambling, except where permitted by Coinbase --You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Use"). By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following: 3. Partake in any transaction involving online gambling except where permitted by Coinbase; Right. Thing is, they sent me a warning and basically just said don't gamble through Coinbase again. I never once sent bitcoins to or from a gambling site directly with Coinbase again. I went through the MyCelium wallet on my phone every single time. So the only thing I can think of is the pattern of my activity. Selling X amount of BTC from Coinbase and then immediately transferring that same exact amount of BTC back into Coinbase from a different wallet. Title: Re: So coinbase closed my account for gambling... Post by: lemipawa on October 30, 2015, 04:19:31 AM I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase. Coinbase does prohibit using their service to send/receive money from gambling sites, it may go unnoticed but when and if they find out they will close your account and this is not the first time it has happened. Here's where they mention these rules: Quote from: https://www.coinbase.com/legal/user_agreement --Appendix 1: Prohibited Businesses and Prohibited Use 5. Gambling, except where permitted by Coinbase --You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Use"). By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following: 3. Partake in any transaction involving online gambling except where permitted by Coinbase; hey thank you for the link and the warning, maybe it's time for me to move my coins somewhere else where payments from gambling sites are allowed to be stored and accepted. Title: Re: So coinbase closed my account for gambling... Post by: PolarPoint on October 30, 2015, 04:25:17 AM I think the problem is your middle wallet. Coinbase tracked the coins going into your middle wallet and found they are sent from a gambling site. You could have used an exchange or a shared web wallet as the middle wallet. It would be more difficult to track your source of income.
Title: Re: So coinbase closed my account for gambling... Post by: bitbaby on October 30, 2015, 04:32:36 AM -snip- Right. Thing is, they sent me a warning and basically just said don't gamble through Coinbase again. I never once sent bitcoins to or from a gambling site directly with Coinbase again. I went through the MyCelium wallet on my phone every single time. So the only thing I can think of is the pattern of my activity. Selling X amount of BTC from Coinbase and then immediately transferring that same exact amount of BTC back into Coinbase from a different wallet. Yeah, however they did but they did tracked it and if you had used some kind of mixing service in between this wouldn't have happened but even then Coinbase is a little anal when it comes to things like these. You can search for exchanges here: http://howtobuybitcoins.info/#!/USD and see the one that suits your needs, or you can use an e-wallet service for gambling like Neteller, they allow BTC deposits directly and you can cash-out your winnings to your bank account or use their card at any ATMs. Note: you won't be able to deposit BTC and cashout to your bank or ATM, but you can send it to Neteller merchants and online gambling sites. But there are a lot of traders here and on LBC who will easily buy your BTC for Neteller and you can cashout that to your Bank account or ATM. Title: Re: So coinbase closed my account for gambling... Post by: Cereberus on October 30, 2015, 04:37:01 AM I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase. Coinbase does prohibit using their service to send/receive money from gambling sites, it may go unnoticed but when and if they find out they will close your account and this is not the first time it has happened. Here's where they mention these rules: Quote from: https://www.coinbase.com/legal/user_agreement --Appendix 1: Prohibited Businesses and Prohibited Use 5. Gambling, except where permitted by Coinbase --You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Use"). By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following: 3. Partake in any transaction involving online gambling except where permitted by Coinbase; I do think it can only be enforced where online gambling is prohibited like in the US. But in a country where it is not, I can't see how they can do that to someone's account outside it's jurisdictions. Title: Re: So coinbase closed my account for gambling... Post by: ranochigo on October 30, 2015, 04:58:41 AM I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase. Coinbase does prohibit using their service to send/receive money from gambling sites, it may go unnoticed but when and if they find out they will close your account and this is not the first time it has happened. Here's where they mention these rules: Quote from: https://www.coinbase.com/legal/user_agreement --Appendix 1: Prohibited Businesses and Prohibited Use 5. Gambling, except where permitted by Coinbase --You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Use"). By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following: 3. Partake in any transaction involving online gambling except where permitted by Coinbase; Right. Thing is, they sent me a warning and basically just said don't gamble through Coinbase again. I never once sent bitcoins to or from a gambling site directly with Coinbase again. I went through the MyCelium wallet on my phone every single time. So the only thing I can think of is the pattern of my activity. Selling X amount of BTC from Coinbase and then immediately transferring that same exact amount of BTC back into Coinbase from a different wallet. I tried to search if there's any rule about accepting payments from gambling sites, there's none but i'm not sure about their rules before we sign up if there is. I get my payments from Magicaldice through coinbase. Coinbase does prohibit using their service to send/receive money from gambling sites, it may go unnoticed but when and if they find out they will close your account and this is not the first time it has happened. Here's where they mention these rules: Quote from: https://www.coinbase.com/legal/user_agreement --Appendix 1: Prohibited Businesses and Prohibited Use 5. Gambling, except where permitted by Coinbase --You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Use"). By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following: 3. Partake in any transaction involving online gambling except where permitted by Coinbase; I do think it can only be enforced where online gambling is prohibited like in the US. But in a country where it is not, I can't see how they can do that to someone's account outside it's jurisdictions. Title: Re: So coinbase closed my account for gambling... Post by: Rating Place on October 30, 2015, 05:21:11 AM I presume that's why. I got a warning email a month or so ago...I had done a few withdraws directly to CB from poker sites. Once I got it, I did every single transfer through a middle wallet first. I'm guessing the transaction behavior was what led to the closure since I never went directly to gambling from CB again (winning poker player...I would keep X amount in CB, when I won that amount in poker, I would sell it on CB and withdraw that amount from the poker site to my other wallet and then to CB) What other sites can I use that are easy as coinbase? I could sell a bitcoin one day and the money would be in my bank account the next day with very low fees, less than 1%. Thanks https://www.circle.com (https://www.circle.com) Title: Re: So coinbase closed my account for gambling... Post by: ranochigo on October 30, 2015, 05:24:55 AM I presume that's why. I got a warning email a month or so ago...I had done a few withdraws directly to CB from poker sites. Once I got it, I did every single transfer through a middle wallet first. I'm guessing the transaction behavior was what led to the closure since I never went directly to gambling from CB again (winning poker player...I would keep X amount in CB, when I won that amount in poker, I would sell it on CB and withdraw that amount from the poker site to my other wallet and then to CB) What other sites can I use that are easy as coinbase? I could sell a bitcoin one day and the money would be in my bank account the next day with very low fees, less than 1%. Thanks https://www.circle.com (https://www.circle.com) Quote Using the Services to make the following types of payments is prohibited, and Circle reserves the right to monitor for payments that relate to: -snip- gambling activities including but not limited to sports betting, casino games, horse racing, dog racing, lotteries, games of chance, sweepstakes, games of skill that may be classified as gambling (i.e. poker), or other activities that facilitate any of the foregoing; We understand that gambling may be legal in your jurisdiction, but unfortunately we cannot allow you to use Circle in connection with these activities. It's a international(non. US) agreement. They can't allow this either as they are based in US. (CMIIW) Title: Re: So coinbase closed my account for gambling... Post by: Rating Place on October 30, 2015, 05:32:25 AM I presume that's why. I got a warning email a month or so ago...I had done a few withdraws directly to CB from poker sites. Once I got it, I did every single transfer through a middle wallet first. I'm guessing the transaction behavior was what led to the closure since I never went directly to gambling from CB again (winning poker player...I would keep X amount in CB, when I won that amount in poker, I would sell it on CB and withdraw that amount from the poker site to my other wallet and then to CB) What other sites can I use that are easy as coinbase? I could sell a bitcoin one day and the money would be in my bank account the next day with very low fees, less than 1%. Thanks https://www.circle.com (https://www.circle.com) Quote Using the Services to make the following types of payments is prohibited, and Circle reserves the right to monitor for payments that relate to: -snip- gambling activities including but not limited to sports betting, casino games, horse racing, dog racing, lotteries, games of chance, sweepstakes, games of skill that may be classified as gambling (i.e. poker), or other activities that facilitate any of the foregoing; We understand that gambling may be legal in your jurisdiction, but unfortunately we cannot allow you to use Circle in connection with these activities. It's a international(non. US) agreement. They can't allow this either as they are based in US. (CMIIW) If you use Nitrogen you will be fine since they use multiple wallets for withdrawals and you can change your deposit address up to 5 times a day. For transferring with other books, you can use a mixer such as https://bitmixer.io/ (https://bitmixer.io/) Before closing an account, Circle normally will ask you what type of transactions that you make and with whom. Most just say they buy and sell computer equipment and tell Circle that I would rather keep the names private. It seems to work. Title: Re: So coinbase closed my account for gambling... Post by: rubberbandloser on October 30, 2015, 06:05:03 AM What other sites can I use that are easy as coinbase? I could sell a bitcoin one day and the money would be in my bank account the next day with very low fees, less than 1%. Thanks I don't know any as easy as coinbase. You could buy and sell bitcoins for cash on localbitcoins. Somebody else mention circle.com, I have tried it. Also found these, But can't vouch for them since I haven't tried them. bitstamp.net kraken.com xapo.com Title: Re: So coinbase closed my account for gambling... Post by: SyGambler on October 30, 2015, 06:05:35 AM coinbase doesn't accept customers from my country so I don't know much about it but it follows American rules and you know that unregulated gambling sites are not allowed in the US
I heard so many people complaining about this problem , maybe you should use an exchanger or something like that cause they are following your addresses Title: Re: So coinbase closed my account for gambling... Post by: Rating Place on October 30, 2015, 06:21:42 AM coinbase doesn't accept customers from my country so I don't know much about it but it follows American rules and you know that unregulated gambling sites are not allowed in the US I heard so many people complaining about this problem , maybe you should use an exchanger or something like that cause they are following your addresses If you are playing anonymously at a bitcoin sportsbook that bans US IPs, a VPN will allow you to get in and use the site. Title: Re: So coinbase closed my account for gambling... Post by: Altcoin4life on October 30, 2015, 06:25:26 AM Moneypot uses a mixer upon withdraw as a feature that helps bs like this.
Title: Re: So coinbase closed my account for gambling... Post by: lemipawa on October 30, 2015, 06:31:43 AM Moneypot uses a mixer upon withdraw as a feature that helps bs like this. nice idea of using a mixer but isnt it that withdrawing funds from a gambling site have withdrawal fee? then another fee for using a mixer? that's a lot of fees to pay before funds reach the wallet Title: Re: So coinbase closed my account for gambling... Post by: Altcoin4life on October 30, 2015, 06:33:25 AM Moneypot uses a mixer upon withdraw as a feature that helps bs like this. nice idea of using a mixer but isnt it that withdrawing funds from a gambling site have withdrawal fee? then another fee for using a mixer? that's a lot of fees to pay before funds reach the wallet No moneypot provides it to players as a service just one normal fee. Title: Re: So coinbase closed my account for gambling... Post by: Corealz on October 30, 2015, 06:34:20 AM Just don't use coinbase. Use blockchain.info and localbitcoins to stay on the down low with your gambling.
Title: Re: So coinbase closed my account for gambling... Post by: Crazy3 on November 24, 2015, 08:30:57 AM Aha, I guess this is why my coinbase account was closed today. I didn't even know what I do with my bitcoins purchases got anything to do with them. Wow, Durex threatens to stop selling me condoms too if I continue laying random single one night stands.
I have dozens of transactions to and fro a variety of gambling sites each day, didn't even expect a coin seller to meddle into what I do with coins i bought. No emails, no warnings, just sudden closure. I'm disappointed by coinbase's decisions and actions but hey, it's their lost not mine. I hope they maintain this dumb rule, many other sites are doing what they do, buying and selling btc, many more are trying to compete for a market share in this area. They'll get squeezed out of business when another capable btc trader comes along....I hope to see it happening soon:) Title: Re: So coinbase closed my account for gambling... Post by: Dr.Osh on November 24, 2015, 08:47:27 AM maybe your account considered spam, try to send emails to the admin and say that it was a mistake, maybe it will fix the accounts that you have on coinbase
Title: Re: So coinbase closed my account for gambling... Post by: Crazy3 on November 26, 2015, 05:53:10 PM maybe your account considered spam, try to send emails to the admin and say that it was a mistake, maybe it will fix the accounts that you have on coinbase I'm now using CoinHako.com to buy my btc, just as quick for transactions to go through. Usually takes just a few minutes for my purchases to show up in my wallet and ready for use. I'm loving what I have right now, ain't going back to some coin seller that are too nosey. Hey, have we forgotten bitcoins was built to be a decentralised, peer to peer digital currency? I don't need some company meddling into my business. period Title: Re: So coinbase closed my account for gambling... Post by: fox19891989 on November 26, 2015, 06:05:11 PM coinbase is famous for confiscate bitcoin using for gambling, i heard this kind of sad stories before, they block the wallets of gambling, you are not the only guy, actually some other guys lost more than you, sorry for your losses
Title: Re: So coinbase closed my account for gambling... Post by: virtualx on November 26, 2015, 06:07:28 PM What other sites can I use that are easy as coinbase? I could sell a bitcoin one day and the money would be in my bank account the next day with very low fees, less than 1%. Thanks blockchain, green address, bitgo, coinkite and xapo. A full list cna be found here: https://bitcoin.org/en/choose-your-wallet (https://bitcoin.org/en/choose-your-wallet) If you are worried about website blocking you from access, use a desktop or hardware wallet. Title: Re: So coinbase closed my account for gambling... Post by: RHavar on November 26, 2015, 07:07:39 PM MoneyPot actually has a service specifically designed for this (https://blog.moneypot.com/cold-addresses/) that makes it completely safe to send bitcoins from coinbase. It's significantly better than trying to send to an intermediate wallet, or anything of the sorts. And unlike a traditional mixer, leaves no evidence of mixing.
Unfortunately I haven't yet solved the problem of how to (safely) send coins to coinbase, although I do have some ideas (but they'll leave traces that the coins were mixed) Title: Re: So coinbase closed my account for gambling... Post by: KenR on November 26, 2015, 07:19:25 PM Moneypot uses a mixer upon withdraw as a feature that helps bs like this. nice idea of using a mixer but isnt it that withdrawing funds from a gambling site have withdrawal fee? then another fee for using a mixer? that's a lot of fees to pay before funds reach the wallet Thats lots of fees, yes. But I would rather pay more fees than getting my coinbase account closed maybe your account considered spam, try to send emails to the admin and say that it was a mistake, maybe it will fix the accounts that you have on coinbase There is a discussion about a spam attack serveral months ago: https://community.coinbase.com/t/update-regarding-coinbase-spam-attack/2195 But isnt the case if you are actually having transaction through your coinbase account. Title: Re: So coinbase closed my account for gambling... Post by: fullypak on November 27, 2015, 06:23:15 AM I think the problem is your middle wallet. Coinbase tracked the coins going into your middle wallet and found they are sent from a gambling site. You could have used an exchange or a shared web wallet as the middle wallet. It would be more difficult to track your source of income. For this purpose XAPO wallet should be fine because Xapo used different btc address for each transactions so no one can track coins coming from either same person or different. So you will be safe if they have such restrictions. Title: Re: So coinbase closed my account for gambling... Post by: quad588 on November 27, 2015, 06:32:37 AM You should have listened when they warned you
it is called a warning for a reason Title: Re: So coinbase closed my account for gambling... Post by: yurinov on November 27, 2015, 06:33:42 AM this is unfortunate, but they give you warning you should have listen
Title: Re: So coinbase closed my account for gambling... Post by: Patatas on November 27, 2015, 07:03:25 AM There was a news recently in some bitcoin blog I saw weeks ago that coinbase is shutting down all the unverified sources of transactions which are not registered with coinbase.Furthermore coinbase declares to have all the third parties registered with them so to avoid scam and make the transctions more secure.
Title: Re: So coinbase closed my account for gambling... Post by: lexuz on November 27, 2015, 07:13:25 AM Yeah i have heard before you, anyone has got same problem. You should try contact costumer service maybe they can help you how to got you account back
Title: Re: So coinbase closed my account for gambling... Post by: cjmoles on November 27, 2015, 08:42:07 AM I didn't even realize this kind of stuff was going on. I mean, I knew that I couldn't send bitcoin directly to certain addresses going to a gambling site but I didn't know they would follow the transactions thru the chain to determine where they came from!....Isn't that going just a little bit to far? That seriously starts to create a major fungibility issue in my mind.
Title: Re: So coinbase closed my account for gambling... Post by: nydiacaskey01 on November 27, 2015, 09:04:02 AM This is one reason why I stopped using Coinbase and besides secondstrade does not recommend use of Coinbase to fund my bets with them.
I still Have an account with them but I don't use it anymore. Title: Re: So coinbase closed my account for gambling... Post by: bitgator on November 29, 2015, 07:00:23 PM I didn't even realize this kind of stuff was going on. I mean, I knew that I couldn't send bitcoin directly to certain addresses going to a gambling site but I didn't know they would follow the transactions thru the chain to determine where they came from!....Isn't that going just a little bit to far? That seriously starts to create a major fungibility issue in my mind. Yes its pathetic, I opened a coinbase account havent funded yet because I know someone who got shutdown there for suspected gambling. Im gonna try and find a site that wont shut you down. Ive seen recommendations here but which is the best? And can someone guarantee that you wont be shut down there.Title: Re: So coinbase closed my account for gambling... Post by: wroniewicz on November 29, 2015, 07:12:34 PM wow that is noot good send your coins to blochain
Title: Re: So coinbase closed my account for gambling... Post by: Snipe85 on November 29, 2015, 07:13:28 PM Switch to another exchange. Coinbase sucks and there really no reason to support them. Bitcoin is about freedom and coinbase is starting to do what banks and governments were doing with fiat all along.
Title: Re: So coinbase closed my account for gambling... Post by: Junko on November 29, 2015, 07:24:29 PM Damn, that's pretty shitty.
Are there any advantages at all to using Coinbase over other wallets? And does anyone know of any other wallet services that have a policy against gambling transactions? I want to make sure I steer clear of them. Title: Re: So coinbase closed my account for gambling... Post by: mnet26 on November 29, 2015, 08:04:10 PM Really a lot of what's going on with Coinbase is mainly the US has said. We have no problems with people using Bit Coins as long as they have a way to track it. Find out whom it's from and whom it's being sent to. So I'm thinking if Coinbase plans on staying in business there now trying to do there due diligence and finding out where these transactions are coming from.
Which was the whole point of bit coin from the beginning is some anonymity. I really think it's a matter of time before the US shuts it's doors on Bit Coins, because we have people like Sheldon Anderson who really, really, really doesn't want his gambling money that should be spent in his casinos. Not at online outfits going overseas to someone else. Yet that's the feeling I have gotten from what I have read so far. Title: Re: So coinbase closed my account for gambling... Post by: rammy2k2 on November 29, 2015, 08:35:05 PM thats what u get for dealing with US websites, avoid them like plague in the future
Title: Re: So coinbase closed my account for gambling... Post by: inget on November 29, 2015, 10:37:17 PM Hmm, that terrible. It is after all, your money? Who gives them the right to do that?
I suggest you use some exchange like Gemini, they are new but quite reliabe. Title: Re: So coinbase closed my account for gambling... Post by: Quickseller on November 30, 2015, 12:07:17 AM Unfortunately I haven't yet solved the problem of how to (safely) send coins to coinbase, although I do have some ideas (but they'll leave traces that the coins were mixed) That one is easy. send coins to bitstamp/bitfinex/btc-/huobi/ect. and then process the withdrawal. Using change addresses properly after withdrawing from another exchange will help with this as even if it is determined that the withdrawal from the exchange was from a casino, it would be difficult to know for sure that the coins were from the exchange. |