Topic: Coinbase questions (Read 528 times)
You must mind that only US residents can do a bank transaction with coinbase.
Yes it's 1% above the exchange rate that they provide you. Note that sometimes their exchange rate varies depending on the amount of BTC you are buying/selling.
There is a promotion going on right now for merchants where you get fee free transactions for your first $1mil in volume or something like that.
There is a promotion going on right now for merchants where you get fee free transactions for your first $1mil in volume or something like that.
The fee is just over 1% and they are pretty quick about funds to and from your bank account..sometimes just one day and sometimes 2 or 3, esp if the weekend.
But they do some shady things as well...not a big fan of them but I do have an account there and use it to buy BTC sometimes so that says a lot.
But they do some shady things as well...not a big fan of them but I do have an account there and use it to buy BTC sometimes so that says a lot.
Someone can correct me if I'm wrong but I believe they have a flat 1% fee. At least that's how it works for merchants who use their service.
Yes, the merchants get 1 percent flat fee , I'm wondering does this apply to everyone. Also, how long does it take to move $$ from Coinbase to your bank of choice? 3-5 days? for merchants it might be 1 day not sure.
Someone can correct me if I'm wrong but I believe they have a flat 1% fee. At least that's how it works for merchants who use their service.
How much do they take ( what % ) when you sell your bitcoins on Coinbase and how long does it take to move your money to your bank account?
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