Hello all,
I know there is a forum slightly below this listing US Bank as a non friendly BTC bank.
However, If anyone who has used Coinbase before, I have a question for you.
They advertise Specifically for USBank, and I have sold through them before and my account has not been closed(Yet)
Is it still safe to do this, any new information on this at all? I just find it odd that Coinbase specifically Names and mentions that this will only work with US bank accounts....I mean if I were coinbase, I wouldn't pick and advertise a bank that doesn't work with BTC at all..
Any info, thoughts?
I know there is a forum slightly below this listing US Bank as a non friendly BTC bank.
However, If anyone who has used Coinbase before, I have a question for you.
They advertise Specifically for USBank, and I have sold through them before and my account has not been closed(Yet)
Is it still safe to do this, any new information on this at all? I just find it odd that Coinbase specifically Names and mentions that this will only work with US bank accounts....I mean if I were coinbase, I wouldn't pick and advertise a bank that doesn't work with BTC at all..
Any info, thoughts?
I think most of the "unfriendly" lists had to do with arbitrage and large wires going in and out of accounts back when there were larger spreads between exchanges.
...back when there were larger spreads between exchanges.
That must have been great trading for people who afford to "really trade" the arb between exchanges.
Of course, you had to stop in time before Gox got Goxed....
I recall those who had Japanese bank account could do it rather well as they were the only ones able to get fiat into Gox quickly. But you're correct, once the BTC withdrawals stopped the game was over and anyone with anything left on Gox is now holding the bag.
