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Author Topic: Wanting to cash out at ARC  (Read 70 times)
ACAMS (OP)
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February 12, 2022, 10:42:37 PM
 #1

I need to have a bitcoin wallet that doesn't cost much and will allow me to put the money in my bank .... what would be the best?
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February 12, 2022, 11:39:13 PM
Last edit: February 12, 2022, 11:49:19 PM by BitMaxz
 #2

There is no wallet like that all wallets need exchanges before you can able to exchange Bitcoin and transfer fiat to your bank account.

So you can use any non-custodial bitcoin wallet you want but if your problem is the sending fee or transfer cost use Electrum wallet because exchanges withdraw fee is a bit higher compared to Electrum where you can manually set how much fee you want depending on the network status.

Please read the sticky thread [General] Bitcoin Wallets - Which, what, why?

It seems that ACR is a gambling site most of the Exchanges do not support funds from Gambling casino so I think it would be better if you use mixer or use P2P exchange for safety if you want to withdraw them to your bank account.

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PX-Z
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February 12, 2022, 11:49:53 PM
 #3

If you are in US, coinbase is an option buying bitcoin. Due to some rules sending from exchange directly to gambling websites is prohibited and will cause of banning or disabling your account in the exchange.

What you need to do is send the bitcoin from coinbase to a bitcoin wallet like blockstream green wallet, then send it to the ACR if this what you mean instead of sending to a bank.

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ACAMS (OP)
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February 13, 2022, 03:51:59 AM
 #4

If you are in US, coinbase is an option buying bitcoin. Due to some rules sending from exchange directly to gambling websites is prohibited and will cause of banning or disabling your account in the exchange.

What you need to do is send the bitcoin from coinbase to a bitcoin wallet like blockstream green wallet, then send it to the ACR if this what you mean instead of sending to a bank.


I want to cash out..... they pay bitcoin and bitcoin cash ....they require me to have a wallet address and I have no clue what that is.
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February 13, 2022, 04:37:22 AM
 #5

I want to cash out..... they pay bitcoin and bitcoin cash ....they require me to have a wallet address and I have no clue what that is.
Yes, like what I posted above. You can use blockstream green wallet [1] Or edge [2]  both of them can be use in mobile. For simple words, bitcoin wallet address is used to received bitcoins and it is generated using this bitcoin wallets.

For more information heres the basic information of bitcoin wallets check here[3]

[1] https://blockstream.com/green/
[2] https://play.google.com/store/apps/details?id=co.edgesecure.app&hl=en
[3] https://bitcointalk.org/index.php?topic=1631151.0#post_bp

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