@Jacob Ruiz86/">@
@Jacob Ruiz86,
I handle my deposits and withdrawals through my MBA account (Skrilla)—honestly, once you get through the verification process at DraftKings, it’s smooth sailing. You just need to provide some standard ID and a utility bill with your name and address on it—the usual drill, really.
Using PayPal is also pretty straightforward. You sign up, and they’ll ask for some documentation and proof of address—they actually mail a code to your house which you then enter to verify everything. For my own setup, I move funds through a
foreign currency checking account at JPMorgan Chase; along with that account, you get a Visa Electron card that makes topping up your PayPal balance super easy.
I made sure to mention a foreign currency account because it’s crucial that your betting accounts (whether it's one or several), your PayPal, and your bank account all use the same currency—ideally US Dollars. Why bother? Because if they don't match, you'll end up losing a little chunk of change to exchange rates every single time you make a transaction.
Opening a foreign currency account isn't an issue—there aren't any crazy requirements—though you might have to wait about 2-3 weeks for the physical card to arrive (I can't say for sure how long it takes lately, it's been a while since I went through it...).
You can technically fund your PayPal using any card that supports online payments, but I’d strongly suggest sticking to the same currency (USD), especially if you plan on doing this frequently.