Crypto Deposit Advice?

[613tunit]

Hello Everyone, after going back and forth with Pinnacle for many months they refuse to allow me to deposit a large amount. I live in Ontario which is the only province in Canada they are licensed in so everyone’s deposit limit is maxed out at $3,000 a day. Everywhere else in Canada it’s virtually unlimited via crypto so I have no choice to bet with Bookmaker. At least they have reduced juice to -108 so it’s not that bad.

I never bought or owned crypto in my life. Does anyone know the easiest way to fund my bookmaker account with crypto? Ideally with a bank wire.

Thanks in advance!!

 

[rolandcorts]

You need to open an account at an EXCHANGE like Kraken (which I'd recommend for you, low fees). Or others which are more expensive such as NDAX or Netcoins. Then wire CAD to the exchange, trade it for BTC, withdraw it from the exchange to a WALLET and from there deposit it to any book you want.

Or, find someone in your area who sells BTC for cash. Maybe even a BTC ATM. At least 5% in fees but would save you a lot of time.

 

[thefix]

Maybe do it for a not "large amount" for the first time so you get a better understanding of the process before you get taken advantage of for being so green.

 

[Wagerallsports]

Maybe do it for a not "large amount" for the first time so you get a better understanding of the process before you get taken advantage of for being so green.

Agree with this

 

[Pimike]

Kraken great

Most bitcoin ATM’s won’t allow 3,000

 

[JDS]

@613tunit download the Kraken app as @rolandcorts suggested to use them. Follow the steps to get your account verified it’s pretty self-explanatory. After that if you need help sending bitcoin you can PM me and I can help you step-by-step.

 

[JDS]

Kraken may limit you on your first initial deposit to verify your financial establishment and then after that the limits get increased.

 

[Pimike]

Just know there is like 3-5 day hold

Which stinks before moving it

 

[Brock Landers]

Blockchain.com is all you ever need

 

[613tunit]

I never thought it would be so difficult to give people money. This process has been mind boggling.

 

[BigJay]

Bitcoin ATM’s charge between 11 and 20 percent. I do not recommend this

Kraken great

 

[JDS]

I never thought it would be so difficult to give people money. This process has been mind boggling.

Hopefully you will figure out the best method with my advice I gave you earlier via text.

 

[613tunit]

Thanks Justin I appreciate all the help from day one

 

[JDS]

Thanks Justin I appreciate all the help from day one

My pleasure

 

[Brock Landers]

Thanks Justin I appreciate all the help from day one

Use BLOCKCHAIN.COM

 

[JDS]

Use BLOCKCHAIN.COM

What is the max on wire transfers ?

 

[Brock Landers]

 

[JDS]

View attachment 18563

Thank you.

 

[613tunit]

Any idea what their fees are?

 

[613tunit]

OMFG… They don’t accept accounts from Canada