Topic: Opinions on Coinbase? - page 2. (Read 5836 times)
5 days!!!??? What's the point of that then? Dwolla only takes about 3 days, 4 at the most and I've a couple of transactions that take 2 days!
Why would you pay more for a service that is slower?
I've always seen it as a balance between speed and cost. The faster you get your bitcoins, the more a service can charge, but I was not aware that coinbase took 5 days to fund your account...
Why would you pay more for a service that is slower?
I've always seen it as a balance between speed and cost. The faster you get your bitcoins, the more a service can charge, but I was not aware that coinbase took 5 days to fund your account...
It is a little different. There is no waiting for your funds to be transferred to the exchange. In my case, I want to buy coins at the current price rather than the price in 4 days. I don't mind waiting for the coins.
5 days!!!??? What's the point of that then? Dwolla only takes about 3 days, 4 at the most and I've a couple of transactions that take 2 days!
Why would you pay more for a service that is slower?
I've always seen it as a balance between speed and cost. The faster you get your bitcoins, the more a service can charge, but I was not aware that coinbase took 5 days to fun your account...
Why would you pay more for a service that is slower?
I've always seen it as a balance between speed and cost. The faster you get your bitcoins, the more a service can charge, but I was not aware that coinbase took 5 days to fun your account...
Anyone heard anything good/bad/ugly about coinbase? I know their limits are relatively low, but how about their exchange rates? It doesn't seem to be published and I don't want to create an account just to see what their rates are. Anything else I should know about them?
I have been using Coinbase for almost a month now. I have only bought bitcoins. Their price seems to follow MtGox though I have seen it diverge. The biggest negative is that you have to wait 5 days to receive your bitcoins. Still, I usually prefer it to BTC-e because getting USD into BTC-e is difficult and expensive.
Hi all,
Up until now, I have been using Dwolla + CampBX to buy bitcoin, but recently I heard of coinbase which cuts out the middle step (dwolla). The fee is a bit higher (1%+$0.15 vs 0.55%+$0.25) but I understand it will also be slightly quicker than Dwolla + CampBX.
Anyone heard anything good/bad/ugly about coinbase? I know their limits are relatively low, but how about their exchange rates? It doesn't seem to be published and I don't want to create an account just to see what their rates are. Anything else I should know about them?
Thanks,
-WU
Up until now, I have been using Dwolla + CampBX to buy bitcoin, but recently I heard of coinbase which cuts out the middle step (dwolla). The fee is a bit higher (1%+$0.15 vs 0.55%+$0.25) but I understand it will also be slightly quicker than Dwolla + CampBX.
Anyone heard anything good/bad/ugly about coinbase? I know their limits are relatively low, but how about their exchange rates? It doesn't seem to be published and I don't want to create an account just to see what their rates are. Anything else I should know about them?
Thanks,
-WU
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