They'll let me buy as much bitcoin as I want, but they won't let me sell not 1 of my 20+ bitcoins on my account. So, here I'm sitting with over $3K profit, trying to sell, and not only do they not allow me to sell, but there's no one around to give me an explanation. The chat feature isn't running and they won't answer email.
This is criminal if you ask me. I'm sure this bullshit is covered in their TOS (read: legalized criminality), but I don't care.
This is my money. When you tell me that I can't withdraw my bitcoins and I can't sell my bitcions...well then, that tells me that they aren't really my bitcoins. So what did I pay over $5K for? Some numbers on a screen?
I'm wondering if it will be convenient for coinbase if I sell when it's back down in the $200 ~ $250 range, or if they'll only allow me to buy "bitcoins" (if that's what they're really selling there) again.
What a joke that place is. No wonder why bitcoin hasn't went mainstream yet, when the world's biggest bitcoin exchange blocks you from withdrawing or selling your "own" (again, I question this) bitcoin.
I had this same problem. they would let me buy bitcoin but not sell it. i had linked my credit card. the coinbase support is non existent i was told to wait 5 days for an email reply and 5 days later they sent me an automated email so I figured it out myself. in the options to add payment you can select credit/debit card, or bank account you have to link your bank account. not your credit card to sell. to link your bank account you click link bank account, then click the bank you use, then put your username and password in. then you can sell. if you still can't sell you probably need to add your id verification. hope this helped someone so they don't have to freak out like i did.