Topic: coinbase? - page 2. (Read 21667 times)

I have bought 6 times through coinbase and they took their fees instantly from me. That bit of their service was excellent. HOWEVER now I am waiting on a withdrawal since the 9th of December which caused me to miss my mortgage payment. Have they done anything about it, "f all".

As this has caused hardship I have resorted to swearing which I don't advise because of mamby pamby uk laws on abuse. But the real abuse here is these tossers not giving me my money back on a timely basis.

This happened because they lost their GBP bank account and required me to comply with SEPA  and take a Euro deposit to my account (at cost to me). But when you send from my bank it goes out on the generic bank iban number. That then looks like your verified SEPA iban account. I withdrew to that account and was then sent an email saying not to; too late. I then explained that they should enact a payment recovery "fucking ages ago" and still don't have my money.

Would you use Coinbase if it took a month, 2 months to withdraw your money and were having to go through another conversion process to another currency at cost to you?

I thought not!

Just another bunch of scammers like mt gox and that scumbag Paul Vermin of Cryptsy fame.

As my email clearly said give me my fucking money back or I will visit your Cheapside St, London office.

Few days ago someone ask similar question, so i will just quote my answer here


Of course you can send BTC from Coinbase everywhere, but as was mentioned gambling, dark web or illegal activity detected on your account will rosult of blockade.
 
Edit 1

As i remember correct, last time they charge me for international transfer just 0.15 cents (euro). (Will be better if someone confirm that) Anyway fees are not high.

Fee UK

Buy / Sell - 1%
Credit card - Buy / Sell - 3%
Bank wires - in / out *   - N / A
Bank transfers (SEPA) - in / out * - Free/€0.15

Edit 2
I have confirmed only my bank account and everything is working correct, not sure what exactly you would like to know?

Edit 3
Oh i think you ask if better is confirm card or account? I think that have no connection with exchange fees.

how much would they charge i use my debit/credit card

guys if i verify my coinbase acount using credit/debit in the UK will i get charged when buying bitcoin from coinbase exchange.

is it better to verify my credit or bt a bank

Just beware that coinbase controls the private keys, not you. Also the funds that are not in "vault" are not insured, so you CAN lose your money if coinbase decides to close shop or the government decides to freeze your funds.

For just Bitcoin storage and transaction, I would stay away from coinbase, and use blockchain wallet instead, since with blockchain, you control the private key, not blockchain, they don't even know your private key.

But for buy/sell Bitcoin with fiat, then yes coinbase is really convenient though they charge a very high fee.

mtgox was big and legit too, until it wasn't.

i use coinbase to buy and store bitcoins in their cold storage. never had any problem at all. always been smooth you can even buy bitcoins with your creditcard instead of bank transfers thats pretty convenient.

Yes, coinbase is legit services as per many people here. I heard so much about coinbase, but didn't use yet. Now I decided to give at a try. I am using Xapo as primary wallet and very much satisfied with it.

Those few negative comments are those who didn't read rules or they want to blame others for their mistakes probably. I have never had any problems with Coinbase.
Same goes for BTCe.

Of course they are legit, even Google use their information for the Bitcoin Price google search.
They are definitely can be trust, you shouldn't have doubt on them.

Yes Coinbase is real and legit.
But highly regulated and pretty quick in closing accounts when in their opinion something seems to be suspicious.
My advice:If you definitely wanna use them, only buy or sell some coins  and then transfer to your own private wallet or bank account.
Don't store your coins with Coinbase!

Unfortunately their ToS looks like what I expected a legal exchange in the US would be required to do, so I can't fault them for that.

You do those things from a bank account and it gets flagged, you lose your bank account.

That's why a lot of sex workers and even legal marijuana dealers can't have bank accounts. It's a problem in this country that needs to be fixed, our laws are are really bad in that area and put people at risk.

whenever i think of coinbase the first thing that comes to my mind is this https://bitcointalksearch.org/topic/gamblers-be-careful-with-coinbase-747596
and since a lot of bitcoin users are gambles too, i suggest you to be careful and read their TOS carefully if you don't want to get into trouble while using coinbase services.

I really like coinbase and previously used it and it was very reliable and it is legit. You should use it

I have bought with Coinbase, my last experience was a minimum 15cent fee or 1% (I live in the U.S.).
I don't typically store coin on the site but do use them to transact from time to time.
Someone mentioned a lag when converting coin to fiat: yes, wish it was faster too.
So far, good enough for now.

Coinbase have to adhere to the same regulations any other financial institution in the USA have to adhere to, namely KYC/AML. This is why you have to go through all those verification processes. They have been operating for years, with only a few users complaining that their accounts were blocked, because they traded with sites not allowed in their ToS.

Read the ToS carefully and avoid those type of sites, for example Bitcoin Gambling.

Yes coinbase is legit and many are using it as they btc wallet, if you want to check if it's trusted you may check it through www.scamadviser.com but not all the results there were accurate but still it can be a good source of trust information

Coinbase is good, mostly for US citizens and only for buying and selling bitcoin. but if you are planning on using them as your wallet to store bitcoin i would advise against it for two main reasons.
- it is an online wallet which means risk (hack,...) while using them
- they have all these rules that you have to follow or they will block your account and your funds.

so you are better off using another (desktop, paper,...) wallet to store coin bitcoins.

I've used coinbase for a couple of years and I haven't had any problems with them.  They do want a lot of info, but they are based in America.

Coinbase is legit,but may not be the best company out there.If you plan on using it only for a wallet then go for it,its better if you got a downloadable wallet but coinbase is one of the better online wallets.But if you intent to use it for buying/selling bitcoin  then its much better if you use circle as they are instant and allow you to use a debit card.

I would recommend them. I've used coinbase several times and never had any problems.