Question about transferring Bitcoin from Gemini

[poudini]

Hey Guys,
I opened a Gemini Account a week ago or so and bought some coin in hopes of making some money on the rising bitcoin prices. Everything 's been all good. My funds finally cleared and I just transferred some coins to Helix Light-Grams, which I just noticed has an 8 hour time limit for transactions after that funds are lost. My question is, has anyone ever transferred coins from Gemini and how long did this process take?

TXid: 4efd5f1094938089fe0b416284b5702ffc0dd8dda500f217d108e5d806b9d94f

Any help would be much appreciated.

Thx.

p o u i d i n i

[piramida]

You gave txid which got confirmed in 6 minutes. I don't understand your question, what else would you like to know?

[BitcoinNewsMagazine]

You are taking a rather large chance sending bitcoin directly from Gemini to a mixing service. Coinbase closes accounts for that. FWIW at least use an intermediary wallet.

[poudini]

yeah at this point it's been about an hour and a half, I have 6 confirmations, but helix light still says waiting for payment.

https://i.imgur.com/jKB0nt9.png

WTF?

[poudini]

You are taking a rather large chance sending bitcoin directly from Gemini to a mixing service. Coinbase closes accounts for that. FWIW at least use an intermediary wallet.

Really? That's not good news. I asked a friend before doing this and he said that he sends to helix straight from Coinbase and has for over a year and has had no problems.

[squatz1]

You are taking a rather large chance sending bitcoin directly from Gemini to a mixing service. Coinbase closes accounts for that. FWIW at least use an intermediary wallet.

Really? That's not good news. I asked a friend before doing this and he said that he sends to helix straight from Coinbase and has for over a year and has had no problems.

Yeah, thats one of the many horror stories when it comes to using Coinbase and Coinbase only, I've had friends who were buying BTC in order to gamble with Bitcoin who got his account frozen for months on end with tens of thousands of dollars in their. This is why I would recommend using another wallet in between such as Blockchain.info, BitGo, or so on.

I'd rather spend the extra transaction fees than have my money locked up, but I guess that's me.

[poudini]

So now I have 10 confirmations and still it says "Waiting for Payment" Also, I just noticed on my Helix status page the Helix Address has changed from the original address I sent my bitcoin to.

Is that normal?