Topic: Is coinbase a scam? - page 2. (Read 505 times)
No, Coinbase is not a scam. I always use Coinbase wallet where to hold ETH. Coinbase is really safe, and it does not look like what you say. You should contact Coinbase support team as they will probably have the answers for you
Currently, I am using coinbase, and I have never encountered any problems with coinbase. I condone it because you lost money. But I recommend using Coinbase because coinbase is becoming more popular with more people
I have account but never deposit and withdraw in coinbase.
I also used the coinbase but he is different because it is difficult to cashout the amount to be done not like coins.ph that is easy to cash out money so for me it is not trustworthy I know if it is true that the coinbase now .
Coins.ph is a local exchange unlike coinbase and it covers a lot of coins compare to coins.ph.Coinbase is a legit exchange and it's trusted so for someone who's complaining without basis as you've said, you better give a detailed explanation why coinbase for you isn't trustworthy.
I also used the coinbase but he is different because it is difficult to cashout the amount to be done not like coins.ph that is easy to cash out money so for me it is not trustworthy I know if it is true that the coinbase now .
LOL. I never hearing anybody complain about Coinbase 
). I've used Coinbase as a wallet for years but everything is very smooth until now. It's a most truthworthy online wallet and exchange that I know until now. The only thing that I don't like of Coinbase is it's not support for every country all over the world so I only can use it like a wallet to store my crypto but I can't use it to buy ETH or BTC with my credit card.
). I've used Coinbase as a wallet for years but everything is very smooth until now. It's a most truthworthy online wallet and exchange that I know until now. The only thing that I don't like of Coinbase is it's not support for every country all over the world so I only can use it like a wallet to store my crypto but I can't use it to buy ETH or BTC with my credit card.
its not scam for sure
I went to order ethereum from from bank account and it took 7 days. I ordered $1000. And when the order went through today coinbase is showing I only have $740 worth of ethereum. Coinbase is getting annoying now with taking forever to do transactions and the high fees along with the IRS tracking everyone on coinbase defeating the cryptocurrency decentralization aspect. I'm just mad I lost $260, I'm assuming the ethereum was "bought" 7 days ago and the price went down which is bs because it should I gaurentee you if I bought ethereum 7 days ago and the price triple then I wouldn't have $3k in my account.
Somebody change my mind and make me like coinbase.
Somebody change my mind and make me like coinbase.
Coinbase can have high fees, and it depends on how you made your order, but it is certainly not a scam.
However 25%+ fees sounds really bad, too much. Maybe you should connect your bank in this issue.
However, I made a transaction from my bank account once, and boy the fees were high. Also, it took plenty of days aswell. So I believe the fees are high because of your chosen method of payment, I believe its because of the transactions between the banks, not because Coinbase's internal system or fees.
You can find information about Coinbase's fees here:
https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees
Any fees higher than that are caused because of the banks, you should hate them, rather than Coinbase.
Coinbase doesnt' take a 25% fee. Ethereum has fallen in price.
Also, you should be able to look at the detail of your order with fees shown on coinbase without.
If Ethereum had tripled in price you actually would have more in your account.
Coinbase buys it at the market rate that day using GDAX and then holds it until your funds clear.
So....I really think you are just mad. Don't worry. You are in good company. I used GDAX to set buy limits to what I thought was as low as ETH would go weeks ago. and it hit yesterday....I was wrong. lol. Now I'm on the losing end of the stick as well.
And don't use coinbase. Use GDAX their trading platform. You can login using your coinbase details.
PT
Also, you should be able to look at the detail of your order with fees shown on coinbase without.
If Ethereum had tripled in price you actually would have more in your account.
Coinbase buys it at the market rate that day using GDAX and then holds it until your funds clear.
So....I really think you are just mad. Don't worry. You are in good company. I used GDAX to set buy limits to what I thought was as low as ETH would go weeks ago. and it hit yesterday....I was wrong. lol. Now I'm on the losing end of the stick as well.
And don't use coinbase. Use GDAX their trading platform. You can login using your coinbase details.
PT
There a lot of people facing issue on coinbase
coinbase’s popularity is very high and there should not be any major problems. The reduction of your funds should be the result of the falling currency prices.
all this time I know the popular market coinbase, and never experienced serious problems, if the matter of fee increase is still limited reason, because the famous market would be expensive transaction costs
Quite adequate explanation, what you do not like? Do you really think that any exchanger will work at a loss? the purchase and sale of the token was made at the rate that was 7 days ago, and the air was long enough to be likely due to a small amount of gas.
I love coinbase. I've never had any issues with it.
Wow this is huge difference and I'd say it's unusual situation that I've never experienced. It could be the high fees (bank, card issuer, exchange, etc). I'd say check with their customer service and with your bank just to make sure where it went wrong.
I think coinbase use rate when you buy it at 7 days ago and your bank transfer after 7 days come
and now ETH rate is goes down I think will same if you buy at 7 days ago and hold it
you can make some calculation
and now ETH rate is goes down I think will same if you buy at 7 days ago and hold it
you can make some calculation
I went to order ethereum from from bank account and it took 7 days. I ordered $1000. And when the order went through today coinbase is showing I only have $740 worth of ethereum. Coinbase is getting annoying now with taking forever to do transactions and the high fees along with the IRS tracking everyone on coinbase defeating the cryptocurrency decentralization aspect. I'm just mad I lost $260, I'm assuming the ethereum was "bought" 7 days ago and the price went down which is bs because it should I gaurentee you if I bought ethereum 7 days ago and the price triple then I wouldn't have $3k in my account.
Somebody change my mind and make me like coinbase.
Somebody change my mind and make me like coinbase.
it is not a scam, but i think to prevent this problem we need decentralized exchanges. because the trading hardship and also risks in centralized exchange increasing.
I went to order ethereum from from bank account and it took 7 days. I ordered $1000. And when the order went through today coinbase is showing I only have $740 worth of ethereum. Coinbase is getting annoying now with taking forever to do transactions and the high fees along with the IRS tracking everyone on coinbase defeating the cryptocurrency decentralization aspect. I'm just mad I lost $260, I'm assuming the ethereum was "bought" 7 days ago and the price went down which is bs because it should I gaurentee you if I bought ethereum 7 days ago and the price triple then I wouldn't have $3k in my account.
Somebody change my mind and make me like coinbase.
Somebody change my mind and make me like coinbase.
not really that coinbase is bad or a scam, the problem there is that wen purchasing from your bank the price is always higher (fees) but from ether to banks is lesser. sometimes i wonder why the price is always high that way.
so coinbase is not scam, it's a good platform for exchange.
I went to order ethereum from from bank account and it took 7 days. I ordered $1000. And when the order went through today coinbase is showing I only have $740 worth of ethereum. Coinbase is getting annoying now with taking forever to do transactions and the high fees along with the IRS tracking everyone on coinbase defeating the cryptocurrency decentralization aspect. I'm just mad I lost $260, I'm assuming the ethereum was "bought" 7 days ago and the price went down which is bs because it should I gaurentee you if I bought ethereum 7 days ago and the price triple then I wouldn't have $3k in my account.
Somebody change my mind and make me like coinbase.
Somebody change my mind and make me like coinbase.
Coinbase can have high fees, and it depends on how you made your order, but it is certainly not a scam.
However 25%+ fees sounds really bad, too much. Maybe you should connect your bank in this issue.
However, I made a transaction from my bank account once, and boy the fees were high. Also, it took plenty of days aswell. So I believe the fees are high because of your chosen method of payment, I believe its because of the transactions between the banks, not because Coinbase's internal system or fees.
You can find information about Coinbase's fees here:
https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees
Any fees higher than that are caused because of the banks, you should hate them, rather than Coinbase.
Coinbase is a good exchange, and of course you will still incur some problem like that but doesn’t mean its a scam. Maybe your bank is scam, seriously try to ask the support team to address your problem properly.
A very serious difference of 250 dollars, that's terrible. In General, the Commission can be serious, I have faced with exchanges where very serious commissions are taken, to solve the situation only by the method of alternative services and options.
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