Stay away from Coinbase - page 16. | Bitcointalksearch.org

jzcjca00

sr. member

Activity: 263

Merit: 250

Quote from: beetcoin on November 23, 2013, 09:17:51 PM

i need to get me some BTC, but i keep hearing horror stories from all of the exchanges. not quite sure what to do myself.

I'm in the U.S. and have had real good luck with CampBX. Their user interface is slow and awkward, but they seem to be reliable. I don't recommend leaving much coin or fiat at ANY exchange long term.

caminilegroup

newbie

Activity: 42

Merit: 0

Right now I have some coin sitting in coinbase that I have mined and have gone through the verification process.

If coinbase is so bad what do you suggest for BTC to USD exchange?

Meeting someone is kinda out of the suggestion.

Michael

Malooka

copper member

Activity: 289

Merit: 254

Quote from: beetcoin on November 23, 2013, 09:17:51 PM

i need to get me some BTC, but i keep hearing horror stories from all of the exchanges. not quite sure what to do myself.

I'm trying campbx.com this time around, will let you know how it goes.

Sindelar1938

hero member

Activity: 490

Merit: 500

Localbitcoins is still probably the most idiot proof way to get btc

But also requires more motivation and coordination

beetcoin

sr. member

Activity: 434

Merit: 250

i need to get me some BTC, but i keep hearing horror stories from all of the exchanges. not quite sure what to do myself.

almostmike

newbie

Activity: 37

Merit: 0

I'm sorry you had to learn about Coinbase the hard way.

A lot of here have had the same thing happen and Coinbase support is no help. Sad

I used to recommend Coinbase to everyone; now I warn everyone about Coinbase.

Malooka

copper member

Activity: 289

Merit: 254

I'm new to cryptocurrency but already have a bit of advice to others who are new:

Avoid Coinbase like the plague.

I jumped through their hoops last week with scans of a driver's license and utility bill, then verified my bank account Monday morning.

I immediately placed an order for .5 BTC, which cost $288.57 with fees.

Then I was told they had exceeded their buy order for the day, so I wouldn't get anything until Friday - and that I would receive the exchange rate Friday.

So I wait all week. They withdrew my money on Wednesday, so I had no reason to believe the transaction wouldn't go through.

Until Friday morning, when they canceled, saying it was a "high risk transaction" and that I should "try again in a few weeks."

A "high risk transaction" - after they have scans of my utility bill and driver's license, and TOOK THE MONEY from my bank account?

"Try again in a few weeks" - why, so they have another chance to gamble with my money?

They blame the "high risk" label on a "robot" they claim to have no control over.

I don't believe that, and hope you won't either.

Avoid these con artists. I'm already out $100+ on this small transaction because they failed to deliver what they promised.

Topic: Stay away from Coinbase - page 16. (Read 17009 times)