Hopefully this is the right place...
I'm a semi-pro (part time) sports bettor in the US but not in a legal state. Currently rely on being able to get down when traveling for work, and DFS sites that are available in my state. But I have decided to go with an offshore betting account or two as I know I can win long term on them.. Lots of these offshore sites suggest crypto as the best option for deposits/withdraws. And I've also heard it's safer than using your card, particularly with offshore sites.
Problem is that I know basically nothing about crypto. This particular book does have a tutorial that suggests using Coinbase and Bitcoin. So as far as I can tell Coinbase is where they hold your cryptocurrency (is that the same as a "wallet"?). So I guess I sign up for an account and purchase X amount of cryptocurrency? And then simply use that to deposit and withdraw? If that's the case, how do I withdraw actual money back from Coinbase? And should Bitcoin the the crypto of choice or does that even matter?
Any other advice also greatly appreciated. Thank you!
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