Coinbase isn't meant for the day trader (unless you have multiple accounts). As a verified Level 2 user, you have the option for cashing out a modest sum of Bitcoins. The 1% "high fee" trade off is not dealing with wires.
If you consider yourself a "power user," check out other exchanges but Coinbase does a good job of opening Bitcoins to casual users.
Topic: Coinbase: Instant Transactions - page 2. (Read 3987 times)
Fee is high on Coinbase and it's price is not favorable when buying compare to bitstamp.
I think its a fantastic addition to what Coinbase already has.... why do we need Bitinstant anymore?
Would like to garner some feedback with their new feature. Now that you get your Bitcoins "immediately," will you use them?Have you purchased coins from them post-July 11 (as a Lvl 2 user)? There are some that intensely dislike the identity verification process but it does open Bitcoin to the general public. Thoughts?
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