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Message: [QUOTE="dj11, post: 4454019, member: 13851"] The process will most likely go like this; -Deposit $$ to your crypto wallet (here you are buying crypto) verification shouldn't take long. -Using the wallet, you deposit at the site of your choice. (This process was confusing to me, but I blundered thru). Verification from the site shouldn't take long. Play poker and win. Withdrawal; Poker site/Cashier > withdraw > choose crypto of your choice > deposit that in your Crypto wallet. Unless you are planning on investing in cryptos for a long haul, I suggest you don't leave your assets in the wallet for very long. Either deposit it to another site, or deposit it into your bank account. The company that you open your crypto wallet with will be the company that verifies the transactions, and converts the crypto into a $$ equivalence for the deposit into your bank account. Poker sites generally don't charge anything for either end of the process, the Wallet company will typically charge a little. These fees are small. If you leave your assets in the wallet very long, you run the risk of market fluctuations eating at the value of your cryptos. They might increase in value overnight! But since the December '17 peak the trend has been mostly down (losing value). This becomes a fee of sorts if the value today is less than it was yesterday. There will be new terminology involved. And some of it won't make a lot of sense, it didn't for me at first. You might read the term HODL... this was from a drunk guy who couldn't spell HOLD. There are other concepts that I think hinder the wider acceptance of cryptos. Mostly in how a transaction is handled. With cash I take money out of my wallet to buy goods or services. So I think 'buy'. That simple concept is not apparent in how a crypto transaction occurs. At least it didn't in January of this year when I did most of my balancing. If you are a thinking human being, you will probably want/(need) to understand cryptos more deeply. In reality, you don't need to, it is working these days. You didn't need to understand electricity to use your transistor radio did you? :eek: [/QUOTE]

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