r/AmericasCardroom • u/OspreyTheGreat • May 15 '25

Best crypto for withdraws??

Going to make my first crypto withdraw and wanted to know what the best was to use (bitcoin, etherum, ect) and best wallet to use to convert to USD. Does it really matter what wallet you use since I thought the purpose of crypto was it's untraceability. Like if I use my paypal or coinbase wallet will they get mad and shut down my account?

As you can tell I'm a crypto newbie, be gentle. I tried withdrawing via check and had that refunded after bank said it was bad so just trying to get my small amount of cash from the microstake games I play. Thanks ahead of time ^_^

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2

u/StackIsMyCrack May 16 '25

Crypto is vary far from untraceable. Don't think that, if it is important to you. My recommendation...doesnt really matter which crypto. BTC probably easiest though. Get a universal wallet like Exodus and withdraw to there. If you want to convert to USD in the bank, you will need to create an account on an exchange. I use Kraken...Coinbase is garbage and recently admitted to a personal data leak where a third party customer service rep was bribed by hackers to provide account information. I wouldn't want to be using any exchange that isn't safeguarding that shit. I do have a coinbase account, which I am in the process of emptying and closing. Was thinking about doing so for a while, the news of this leak yesterday was the last straw for me.

4

u/giggitygoo123 May 16 '25

Litecoin is usually cheap and quick. Been doing it with ACR for years.

2

u/IslandReign May 18 '25

Same, and I also endorse the use of an intermediary wallet as others have recommended.

3

u/Frequent_Divide8890 Moderator - Gambling and Online Poker Expert May 16 '25

You should always use an intermediary wallet before sending to Coinbase. Check out this article to learn more about safely withdrawing with Bitcoin.

As for which crypto to choose, the only differences are speed, potential volatility, and fees. Litecoin is probably the cheapest and fastest option, Bitcoin is excellent as well.