Withdrawing From Coinbase

    August 20, 2014 | Bitcoin Withdrawing Bitcoin From Coinbase

    There’s been a lot of talk this week about the concerns around withdrawing from Coinbase when you’re using your bitcoins to gamble. A few bettors have received emails like the following from Coinbase:

    “Upon review of your Coinbase account, we have determined that we can no longer provide you access to Coinbase Services. Please understand that Coinbase is a regulated Money Service Business under the FinCEN division of the U.S. Treasury Department and as such, we are required to review accounts in order to ensure compliance with regulations.

    Gambling is illegal under US law even if you live outside of the US we cannot provide services to your account for the purpose of any type of gambling activity.”

    Anonymity and security are always at the top of our minds, so we’d like to take a moment to reassure you that  we don’t use a single address to withdraw your bitcoins from Nitrogen Sports.  Your deposit address can also be changed (up to 5 times a day) if you’d like to ensure that you’re getting a completely brand new deposit address every time.

    If you have any concerns about the security of your bitcoin, please don’t ever hesitate to give us a shout! Please submit a support ticket, and one of our amazing support staff would be happy to walk you through how we ensure your anonymity.

    Read on our guides on Nitrogen Sports Blog to learn about bitcoin, its advantages and how to make the most of it.

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