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Can I exchange currency on stake this way?


wngo123

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Posted

Let's say I have certain amount of ETH on stake and want to buy BTC to play on stake. I would need to withdraw it or use the bot that helps currency transfer from primedice to stake. My primedice account is long time gone and my new account there didn't waged $100 so I can't send tips, so this means I can't use the bot (you need to use tip the bot to use this service). Can I just withdraw ETH from stake and give stake deposit bitcoin address and exchange currency this way? It would make things simpler and faster. It's not large amount so I don't care about the fees. But just want to know if it's possible and if it doesn't brake the rules. I wouldn't want to get banned, so I'm a bit scary to try it. lol

Posted

No, It is Immpossible. It works if only then when it comes to the same currency. And since you want to exchange will not work, because the exchange function is not carried out.

Posted

 

I did it and it can. I use a rustic service to exchange from stake to primdice, where at that time I was unable to withdraw funds from the stake because my balance was still not enough to make a withdrawal. and I use a third party service and it works because my primdice account can't chat yet so I always transfer funds from the stake using the machine to fill the balance in primdice.

Posted

No that doesn't work... You need the same coin for the address you want to withdraw to. So for instance... LTC- You will need a LTC deposit address. so on so fourth. But yeah I don't think that will be ever possible either as it will get things much in a mess and messed up. You are just going to have to bare with it for now, buddy. Sadly :/

 

Posted
7 hours ago, Aazzah said:

No that doesn't work... You need the same coin for the address you want to withdraw to. So for instance... LTC- You will need a LTC deposit address. so on so fourth. But yeah I don't think that will be ever possible either as it will get things much in a mess and messed up. You are just going to have to bare with it for now, buddy. Sadly :/

 

Oh no.   You def can’t do this.   Do not send a different coin other than the specific coin to the wrong address.   Btc to btc.  Eth to eth.   I don’t even think the system will let you as it will tell you that you have entered an incorrect address.  But some places may let you and then your funds are gone forever. 

Posted

Well it is not possible to be sending Bitcoin to ETH addresses and ETH to Bitcoin addresses for a good reason as it works on a completely different network / blockchain.

Posted
3 minutes ago, Etude said:

Well it is not possible to be sending Bitcoin to ETH addresses and ETH to Bitcoin addresses for a good reason as it works on a completely different network / blockchain.

I wasn’t sure if I was reading the question right to be honest so thank you for reassuring me etude.    Most certainly can not send a currency to a different type of currency address just for exchange.  unfortunately  it doesn’t work this way.  

Posted

Well, you could actually use Stake's exchanging system, it has tiny fees and you can exchange any coin. 3rd party echanging sites might get huge fees without a single promo code for a discount.

Posted

You risk losing all of your ETH if you do it that way. Never withdraw coins to the wrong address which is not specifically made for that coin. It will not convert it for you, I hope you read this before you do it.

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