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Author Topic: Sending BTC from Gambling Site to Binance?  (Read 7887 times)
jerry0 (OP)
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May 30, 2019, 07:29:00 PM
 #1

Does anyone know if there is any issue with this? 



Can someone here confirm if there is any issue sending btc from a sportsbook to binance?  Someone a while back mentioned there is nothing in the TOS against it.  I know with coinbase or gemini.. ppl said they would ban accounts if you send btc from gambling site to coinbase and vice versa.



Has anyone done this and if so, anyone ever had an issue with this?
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May 30, 2019, 07:32:32 PM
 #2

There is no problem, at least in my knowledge

If you are really worried, why don't you create a wallet for you in Electrum for example and transfer your coins safely

But this is the first time I heard about exchange not accepting transactions from gambling sites
I know exchanges does not recommend to mine with your exchange adress

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kingpin4321
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May 30, 2019, 07:35:21 PM
 #3

 To correct you this is altcoin discussion and you post doesn't fit this board but rather the bitcoin discussion board https://bitcointalk.org/index.php?board=1.0 or the gambling board https://bitcointalk.org/index.php?board=56.0 Well I don't know about binance because I have not tried to send BTC from gambling site to binance but I have done it successfully sent it from gambling site to my preferred exchange
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May 30, 2019, 08:04:44 PM
 #4

There shouldn't be any problem.

It is one btc account to another. Why there would be any problem? Also as far as i know, binance doesn't ask where your money coming from.

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May 30, 2019, 08:06:46 PM
 #5

I never had a problem with that. I think you should change something.

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May 30, 2019, 08:16:40 PM
 #6

I do not think there will be any problem but still to ne on the safe side i will recommend you to first transfer to your personal wallet with private keys and then from there you can transfer your btc to exchanges.

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May 30, 2019, 08:23:01 PM
 #7

Has anyone done this and if so, anyone ever had an issue with this?
Its okay to send out Btc from gambling site to Binance yet I already tried this thing for a couple of times and the tx was completely success without
any troubles ahead.

If you do talk about some wallet service like Coinbase and others which do have terms about gambling restriction then you would definitely
experience that block of account since you are violating their rules.

Adriano2010
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May 30, 2019, 08:38:14 PM
 #8

Should not be a problem to send bitcoin to Binance from gambling site. @Oilacris i want to ask, there can be a problem if i send from gambling sites to coinbase exchange or only to wallet app?
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May 30, 2019, 08:45:25 PM
 #9

I did sent some coins to Binance from a casino and successfully sold and withdrew. I also did that on coinbase and yobit and it was all fine every time. I also did that on some local exchanges and never got any shit from them.

Are there any sites that make it difficult to trade gambling money?
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May 30, 2019, 09:23:06 PM
 #10

Maybe you should check terms and conditions that binded deposit on binance exchange, if there is no formal warning against such, go ahead with your btc deposit.
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May 30, 2019, 09:27:21 PM
 #11

should if you send using a Bitcoin pair to any place of exchange, including to a binance exchange, it should not have a problem because the assets you use for shipping are in the form of bitcoin, maybe you can see shipping hash information from your gambling place because if there is a hash coming out and it goes to your wallet that is in the binance exchange, then bitcoin will enter your binance wallet.
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May 31, 2019, 07:06:04 AM
 #12

Does anyone know if there is any issue with this? 



Can someone here confirm if there is any issue sending btc from a sportsbook to binance?  Someone a while back mentioned there is nothing in the TOS against it.  I know with coinbase or gemini.. ppl said they would ban accounts if you send btc from gambling site to coinbase and vice versa.



Has anyone done this and if so, anyone ever had an issue with this?
I don't think there is any problem with that since you are not sending tokens from the gambling site, as long as the coin is being sent to the address provided by the exchange, you would definitely be created with the exact amount you sent, so you can go ahead and make your withdrawal without fear of losing funds, though if you need the coin for the purpose of hodling, then I would advise that you store the coin in a private wallet that gives you access to your private key order than an exchange were the security of your wallet is in their hands.
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June 29, 2019, 10:25:00 PM
 #13

If that worries you, read their ToS and if you haven't found anything related to your question then you're safe to assume.
And if something happens to your account, you can tell them that it's not on their ToS unless it's hidden.

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June 29, 2019, 10:53:51 PM
 #14

First how they identify and then judge that you transfer Bitcoin from gambling site to Binance exchange. Don't believe this news just took advice from experience persons who already took this transaction.
They may not know but they can question your transaction and halt your withdrawals.
If ever you're too hard not to answer their interview then they have the right to stop your withdrawals temporarily. OP and other users are just securing their money and if its safe to assume that they can do that.

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June 29, 2019, 10:54:08 PM
 #15

Move this thread to gambling discussion it is not belong here.

I don't face any issue to make a deposit from an exchange to gambling site.

Althought I'm not coinbase user but I ever try to make a deposit from binance exchange to gambling site sportbook and I didn't face a problem.

Have you try it? You can if you haven't tried it because you will know everything if passed something. The binance, coinbase and all exchange have a support which is mean if you had a problem you can send them an email to resolve your problem, it is an easy way.

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June 30, 2019, 02:47:55 AM
 #16

Move this thread to gambling discussion it is not belong here.

I don't face any issue to make a deposit from an exchange to gambling site.

Althought I'm not coinbase user but I ever try to make a deposit from binance exchange to gambling site sportbook and I didn't face a problem.

Have you try it? You can if you haven't tried it because you will know everything if passed something. The binance, coinbase and all exchange have a support which is mean if you had a problem you can send them an email to resolve your problem, it is an easy way.
BNB is altcoin, so this is the right section for thia question.

OP didn't tried it because he scared if that would be againts with Binance ToS. Personally i doubt if binance doesn't accept deposit from gambling site
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June 30, 2019, 03:17:08 AM
 #17

As far as I know, other than coinbase, there's no problem with receiving gambling money in an exchange. However, I suggest you to use electrum, which is available in your mobile as well. So, why you need to take the risk. You have to carry a little fee only.
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June 30, 2019, 03:49:35 AM
 #18

There is no problem to send bitcoin from gambling sites to exchanges (someone above said that Coinbase is only one exception). However, if you are still worry about that, you should send your coins (from gambling sites) to wallet (whatever wallet you want to use, just remember to download them from official sites, and avoid phising sites). Electrum is one of the best to use (fast and smooth). Then, you can send your coins from Electrum wallet (for example) to Binance wallet. To spare a little bit fees, you can set your transaction fees at 1 satoshi per byte, but that way will require your transactions have to wait days to be confirmed.
The key point is never store your money on exchanges, even biggest ones, because it is much safer if you have fully control of your wallets. Of course, you have to prepare knowledge, skills, and have healthy habits to keep your computers safely from potential threats.
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June 30, 2019, 06:10:49 AM
 #19

Probably you would be fine.

But there is an if. Binance is blocking hack btc's. And if gambling website accept some of that and pay from the same address that hack btc hold. That may cause a problem.

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June 30, 2019, 06:34:58 AM
 #20

This is the first time I have heard that sending BTC from gambling site to exchanges has not been accepted. There must be something wrong going on.
In fact I have recently sent my some 2 BTC from a gambling site to binance exchange. My deposite has been accepted. I think your BTC deposit will  also be accepted by Binance exchange.

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