Topic: Coinbase questions (Read 124 times)

Ok regarding other answers

1.  Yes bank transfers should allow that - credit/debit cards are much smaller limits
2.  I havent deposited money via credit card with Coinbase but in exchanges that I have there is usually a 3.5 percent or similar commission which is quite a chunk - I would imagine Coinbase to be the same - withdrawing usually does not no incur such a high charged
3. Your combined limit will be how much you withdraw to fiat I beleive

Also my money is still stuck in GBP's on the exchange and they continue to ignore me because I cannot withdraw to a bank account until they verify the bank account. Now I have done that by sending a small amount of money from this bank account. They have acknowledged receipt of this and I can see this on my dashboard. I have also got an email from them stating they received the funds. However when I try to withdraw to this bank account the system continually says that the account needs to be verified. You then get an option to say that you have sent the funds which I click and then it says it will be verified in one to 2 business days. That has been showing for 2 weeks now. I don't mind the fact that an exchange can be busy but they could at least acknowledge my support tickets and say they they will get to it. Instead I just get a generic email stating that they are very busy and cannot attend to anything other than certain prioritised tasks. One of those tasks is supposedly withdrawal delays but hey it makes no difference.

Anyway be careful with them - as for me I have had an absolute gutfull of most exchanges I have dealt with and I will be buying and selling Bitcoins only on places like LocalBitcoins from now on.

Thanks for answering question nr 4!
Any idea for my other questions?

Based on my feeling this is at least a small, but perhaps even a very big issue. I've heard more people having issues with withdrawing money. and also with contacting helpdesks.
Is your money gone now? Of can you still buy crypto? Then move to another exchange and try it there?

There are no limits for depositing or withdrawing crypto - but good luck when you try to withdraw fiat- I can't get an answer out of them for 2 weeks now while they hold onto all my cash.

I just verified my account at Coinbase and before I start trading I have a few questions:

1. Weekly buy limit is €15.000 for the EUR wallet. This is the amount I can deposit via SEPA, right?
2. Weekly buy limit is €750 for credit card. Using a credit card would mean that I can deposit more quickly. But for Coinbase this means additional costs (compared to SEPA). Does a credit card deposit bring a higher fee for me?
3. My sell limit is €15.000. This is "the combined amount of all your sell-enabled payment methods". What payment methods are they referring to?
4. As I don't see any limits for depositing and withdrawing crypto, does this mean there are no limits?