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Topic: Coinbase for noobs... (Read 2170 times)

newbie
Activity: 8
Merit: 0
February 27, 2015, 08:44:15 AM
#23
Coinbase is not good if you need privacy / access to your private key Sad
But, if you don't care about both of them Coinbase is pretty safe

And please keep in mind don't store too much bitcoin in online wallet
legendary
Activity: 3234
Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 27, 2015, 07:40:04 AM
#22
Has anyone ever had any problems with coinbase???

Is it safe to link your bank account???

Are the prices and the exchange fees fair???

How secure is the wallet they set up for you???

1. I using coinbase till now find no problem whilst using it.
2. yes! but no, these site dont know when will scam you and then it might be a problem. Dont ever believe on internet sites, except few site
3. Good to me. what you think?
4. i think how you use there service, if you want to set security its will be more secure.
legendary
Activity: 3794
Merit: 1030
The Best Tipster on the Forum!!
February 27, 2015, 06:53:57 AM
#21
Has anyone ever had any problems with coinbase???

Is it safe to link your bank account???

Are the prices and the exchange fees fair???

How secure is the wallet they set up for you???

i hate coinbase
use blockchain.info its much better

the thing why i hate coinbase is that its slow on depositing to gambling sites plus i cant get private key!!
sr. member
Activity: 364
Merit: 250
February 26, 2015, 07:40:43 PM
#20
Coinbase likely wont steal your btc. I would not use Coinbase though, they been locking people's accounts and asking private questions that they do not need to know. Just use Electrum or some kind of cold storage.


He is not looking for a wallet, he is looking for an exchange...
sr. member
Activity: 1078
Merit: 270
February 26, 2015, 07:39:52 PM
#19
Coinbase likely wont steal your btc. I would not use Coinbase though, they been locking people's accounts and asking private questions that they do not need to know. Just use Electrum or some kind of cold storage.
hero member
Activity: 602
Merit: 500
February 26, 2015, 07:06:16 PM
#18
1) hadn't have issues with coinbase
2) fees are high
3) I wouldn't trust any exchangers right now to store my coins
sr. member
Activity: 364
Merit: 250
February 26, 2015, 05:57:42 PM
#17
I use coinbase, and it works fine.

But, as stated above, do not leave your bitcoins in the exchange. People lose money when exchanges go under. Look at mintpal, and many others...
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
February 26, 2015, 03:54:43 PM
#16
Advice for noobs: Put your bitcoins in a local wallet as soon as you get them, do not leave them at any exchange no matter how safe they announce to be.

Make sure you secure the wallet too with a tough passphrase!
member
Activity: 86
Merit: 10
February 26, 2015, 03:54:37 PM
#15
I've been with Coinbase over a year now with no problems.  Good company.
sr. member
Activity: 252
Merit: 250
February 26, 2015, 03:10:18 PM
#14
Advice for noobs: Put your bitcoins in a local wallet as soon as you get them, do not leave them at any exchange no matter how safe they announce to be.
I share this same idea.

I can't say that I have had any problems with Coinbase, neither have a heard of anyone with a problem.
also never seen or read someone complaining
newbie
Activity: 49
Merit: 0
February 26, 2015, 03:04:39 PM
#13
I can't say that I have had any problems with Coinbase, neither have a heard of anyone with a problem.
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 26, 2015, 11:10:28 AM
#12
No problems from Coinbase here.  Bought hundreds(thousands maybe?) worth of Bitcoin transactions.

No problems setting up 2FA, setting up Bank account by confirming the dust transactions, setting up instant buys by adding Credit card, or levelling up to Tier 2 for larger buy amounts.

Coinbase fee is pretty fair, 1% + $0.15 ACH fee for each transaction:

https://support.coinbase.com/customer/portal/articles/585625-what-is-coinbase-and-how-much-does-it-cost-to-use-

Quote
* User is responsible for miner's fee on external transactions less than 0.001 BTC. Sending between Coinbase users is always free.
** For US Customers, orders less than $15 are charged a flat fee of $0.15. For European customers, there is a bank fee of €0,15 for withdrawals.
legendary
Activity: 4508
Merit: 3425
February 23, 2015, 03:21:06 AM
#11
I have used coinbase to buy many thousands of dollars worth of bitcoins (all spent now) and I have had no troubles. Some people have reported that Coinbase had cancelled their orders, but that never happened me.
sr. member
Activity: 1512
Merit: 326
February 23, 2015, 02:10:11 AM
#10
i think nothing feels wrong with them.
so far sogood
newbie
Activity: 4
Merit: 0
February 23, 2015, 12:32:41 AM
#9
Coinbase was the first wallet I set up, and I still actively use it, and have my account linked. I have no complaints, and the new $USD feature is nice.
legendary
Activity: 1162
Merit: 1001
February 22, 2015, 10:43:15 PM
#8
Haven't had any issues with Coinbase so far and have had my bank account attached. Heard some horror stories but no personal experiences to relate.
sr. member
Activity: 476
Merit: 250
The big fish
February 22, 2015, 08:16:05 PM
#7
Has anyone ever had any problems with coinbase???

Is it safe to link your bank account???

Are the prices and the exchange fees fair???

How secure is the wallet they set up for you???
1. I still not get any problems
2. yes it is
3. Yes fair.
4. Phone + email verification
legendary
Activity: 868
Merit: 1006
February 22, 2015, 06:41:28 PM
#6
Advice for noobs: Put your bitcoins in a local wallet as soon as you get them, do not leave them at any exchange no matter how safe they announce to be.
full member
Activity: 350
Merit: 158
#takeminingback
February 22, 2015, 06:26:08 PM
#5
The exchange is still closed to customers outside the US, so I don't know about that. But many people have their banks connected with Coinbase and seem to be pretty happy with it (privacy/security concerns apart).


I hope they would open to other parts of the world. Being from the U.S. myself I see why they have restrictions...Many of those here in the land of the free.
I'd like to find some Actual user feedback from U.S. users about the bank account link security. Thanx for your input.
hero member
Activity: 910
Merit: 1000
February 22, 2015, 06:11:45 PM
#4
The exchange is still closed to customers outside the US, so I don't know about that. But many people have their banks connected with Coinbase and seem to be pretty happy with it (privacy/security concerns apart).
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