This is a discussion on Coinbase within the online poker forums, in the Poker Deposits & Withdrawals section; Hey fellas, any reason why I got an email from coinbase telling me to stop depositing into a online gambling site? IS it because I
Hey fellas, any reason why I got an email from coinbase telling me to stop depositing into a online gambling site? IS it because I added the name in text americas cardroom , I just wanted to make sure I labeled it as to who I was sending bitcoins to, they say it's against their user agreement policy. I'm from the US, is that why? Should I just use it for withdrawals?
Coinbase is a financial exchange regulated by U.S. banking laws. It is against the law for financial institutions to facilitate funds to/from gambling sites. Therefore, if they determine such is being done, your account is subject to closure. Hence, the need for a buffer wallet, such as Blockchain. Always use as a buffer between your exchange/bitpay card and gambling site.