Originally Posted by piney
Also instead of starting another thread on same topic, what is the bitcoin conversion? How does it work for the deposit options?
I dont think there is a bitcoin only site anymore, but I could be wrong.
Basically for bitcoin, you want to create a Circle Account, link your bank account to it. You can buy ~300$ worth of bitcoin per week until they allow more $$ to be bought.
Then you want to make a Blockchain account.
Bitcoin wallets (Circle, Blockchain etc) hold the bitcoin of yours and you are assigned an address. This unique address is just for you. Its how you get paid and how people know where to send the $.
You make a request say from Americas Card room. They give you a long key of #s 1xGh467hhds ETC and thats their address.
You then send them the bitcoin amount to that, and they then credit your poker account with $.
With withdrawls its the same thing. You now give them your wallet address and they send you bitcoins. Then you take the bitcoins and withdraw them to your bank account.