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RE: My FIRST HUGE SteemIt Milestone - And What I Need To Achieve NOW (With Your Help Please)!

in #steemit7 years ago (edited)

Shift Card is the ATM card and it is linked to your Coinbase account. Sign up it's a simple process. Risky is using your Coinbase account for anything like gambling websites, maybe even sending to crypto-exchanges. I don't know but read their terms of service so you don't risk your account. That's what I meant by risky. Laws are the reason they're getting caught up when you deal with a certain amount of money... Uncle Sam wants his cut. They were probably not letting the bank account for the taxes owed which most banks give you the option to pay now or later when you owe the taxes. More reading for the person that needs to know. I could be wrong but opinions are like..... everyone has one.

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When referring to Coinbase, you think it would be risky buy Bitcoin with my Coinbase wallet and then transfer it to Bittrex? Why would that be bad? If I wanted to buy crypto could I buy right from my Bittrex account?

I don't mean to ask so many questions, but it's a bit confusing as a newbie.

I'll have to log into my Bittrex account and see if I can buy crypto right from there.

There's really a pretty steep learning curve with this stuff.

Let's say I want to trade/buy/sell crypto to make money. A lot of people are doing it and making lots of money.

What's the best way do you think?

It's a lot of ways to skin a cat. I agree with you about transferring coins to wherever you want but read over there terms because it is risky to think you can move freely there.