nicehash coinbase withdrawal

[pepaskal]

hello,

i mined 1mBTC on nicehash and now I want to send it to my BTC wallet.
Can I withdraw BTC to coinbase and after that - from coinbase to my electrum wallet, but without veryfing my coinbase account with ID?
In another words - Can I use Coinbase for recieving and sending BTC without sending them my ID?

thanks for help

[1715563090]

1715563090

[1715563090]

1715563090

[butka]

I'm afraid you have to verify your account on Coinbase first to be able withdraw funds to your wallet.

Do you have to go via a third party? Can't you withdraw BTC to your wallet directly from Nicehash?

[pepaskal]

I'm afraid you have to verify your account on Coinbase first to be able withdraw funds to your wallet.

Do you have to go via a third party? Can't you withdraw BTC to your wallet directly from Nicehash?

yes, but i will have to mine 2 more mBTC (minimum is 2,1 mBTC for withdrawal to normal wallet), so it will be nice if I can withdraw it sooner.

[butka]

yes, but i will have to mine 2 more mBTC (minimum is 2,1 mBTC for withdrawal to normal wallet), so it will be nice if I can withdraw it sooner.

I see. Given how nicehash operates currently, it seems that you have only these 2 options at your disposal. Either you mine more BTC, or go via Coinbase.

[pepaskal]

thank for answers,

so if I withdraw to coinbase, i will not be able to send BTC anywhere until I verify my identity with ID?
I confirmed my coinbase account with email and with my phone also, but sending my ID is something I dont want to do...

[butka]

but sending my ID is something I dont want to do...

This is exactly why I never wanted to mine using the nicehash interface, since your options are very limited.

You can always use other miners, like nemosminer, nplusminer, multipoolminer, etc.

They are not so user friendly as nicehash, but once you manage to set them up, you can use any major mining pool you want.

For now, just like mindrust suggested, mine more and withdraw to your address. Good luck.

[LTU_btc]

thank for answers,

so if I withdraw to coinbase, i will not be able to send BTC anywhere until I verify my identity with ID?
I confirmed my coinbase account with email and with my phone also, but sending my ID is something I dont want to do...

You can receive and send BTC on Coinbase without ID verification. I'm using Coinbase for several years and they didn't asked me to provide my ID. They will ask for it only if you will try to make fiat withdrawal. But anyway, as others have mentioned some reasons why you shouldn't use Coinbase. It would best to mine more BTC and withdraw to any wallet that you want.

[pepaskal]

thanks very much for help