Author

Topic: Coinbase can "limit" your account for using altcoins. (Read 815 times)

full member
Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
There are other options for US residence but coinbase will only loose more customers.
hero member
Activity: 1540
Merit: 500
https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbase

Coinbase neither prohibits nor endorses our customers’ lawful use of any third-party exchange service. Nor do we necessarily prohibit our customers’ sale of bitcoin in peer-to-peer transactions for personal, non-business use.

Coinbase customers may not, however, use their Coinbase Accounts to engage as a business in the exchange of virtual currency for fiat currency, funds, or other virtual currency. Coinbase reserves the right to limit your account use if we detect activity which constitutes a violation of this policy and/or our User Terms. We further reserve the right to limit your account use if your account is associated with high-volume activity inconsistent with personal use.


Be safe out there folks.  

Cliffs:

Coinbase is a merchant who sells bitcoin for $. Don't use them as an exchange. Use BTC-E instead if you want to day trade btc to $
sr. member
Activity: 350
Merit: 250
I like coinbase
newbie
Activity: 57
Merit: 0
Still a joke.  Undecided
legendary
Activity: 1946
Merit: 1007
Basically they say that if you use it for normal personal use there is nothing to worry about.

Just don't use bots or clearly use the account for business transactions.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbase

Coinbase neither prohibits nor endorses our customers’ lawful use of any third-party exchange service. Nor do we necessarily prohibit our customers’ sale of bitcoin in peer-to-peer transactions for personal, non-business use.

Coinbase customers may not, however, use their Coinbase Accounts to engage as a business in the exchange of virtual currency for fiat currency, funds, or other virtual currency. Coinbase reserves the right to limit your account use if we detect activity which constitutes a violation of this policy and/or our User Terms. We further reserve the right to limit your account use if your account is associated with high-volume activity inconsistent with personal use.


Be safe out there folks.  
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