Avoid online wallets as much as possible and remember that If you don't have the private key the wallet is not literally yours .
Even applies to blockchain.info? Could blockchain.info block the account if they so chose?
Topic: Warning !!! about coinbase web wallet.. - page 3. (Read 2405 times)
Could blockchain.info block the account if they so chose?
If people have to use any bitcoin web wallet they why they do not come to blockchain which is the more reliable and more better web wallet. I am using that from a long ago and not found any issue with them. Why coinbase have a lot of issue and are bothering their members like paypal.
I think one of the reasons why many people using Coinbase is because this service offers free transactions. Many people sending or receiving only small transactions, this is why blokchain.info isn't best option for them. From my expperience of using Coinbase for more than two years I didn't faced any issues. But I don't use it as main my wallet. And if people decided to use Coinbase, they have to follow their ToS. If they don't break it, they won't get any problems.
If people have to use any bitcoin web wallet they why they do not come to blockchain which is the more reliable and more better web wallet. I am using that from a long ago and not found any issue with them. Why coinbase have a lot of issue and are bothering their members like paypal.
I was just about to use coinbase because it was connected to our local exchanger and i can easily buy and sell ny btc, good thing thati saw this one. I was just afraid because just like coinbase the current exchanger site that I am currently using are also starting to be following KYC rules
You should read their TOS properly, avoid using their service for any gambling purpose if you won't your account locked by them.I used coinbase when i was newbie i stopped using them when they locked my account i think it's due to the moment i sent bitcoin to primedice, if i'm not wrong.
There so many wallet better than coinbase however coinbase still the best place for those who want to convert their bitcoin to fiat, i am using exchanger that i can convert my bitcoin to cash asap yeah they have similar tos like coinbase.
Yes, probably they really are like following the same rules of coinbase that is why I am very much careful about it, as i also verified my account that includes my identity as well. Although this pretty much scary of where would they use it
I was just about to use coinbase because it was connected to our local exchanger and i can easily buy and sell ny btc, good thing thati saw this one. I was just afraid because just like coinbase the current exchanger site that I am currently using are also starting to be following KYC rules
You should read their TOS properly, avoid using their service for any gambling purpose if you won't your account locked by them.I used coinbase when i was newbie i stopped using them when they locked my account i think it's due to the moment i sent bitcoin to primedice, if i'm not wrong.
There so many wallet better than coinbase however coinbase still the best place for those who want to convert their bitcoin to fiat, i am using exchanger that i can convert my bitcoin to cash asap yeah they have similar tos like coinbase.
I was just about to use coinbase because it was connected to our local exchanger and i can easily buy and sell ny btc, good thing thati saw this one. I was just afraid because just like coinbase the current exchanger site that I am currently using are also starting to be following KYC rules
Thanks for your kind warning.I'm already knowing about this issue earlier.Still im pretty comfortable using this service without facing any difficulty.Yeah! there have some tos those are difference from other so its better before going to any service or leave any comment first make ensure your general knowledge.Just a request.
This happens, coinbase In the first place is centralized exchange, they offer a wallet service, but why people not learning or research about what they doing, storing even just 1 cent on web wallet or exchange wallet is big NO, my cent still worth as fees.
I have stopped using their services since long ago cause there are too many risks and honestly it is also because they have a bad reputation . Thanks for the warning OP but these kind of post has been circling so it is not just you, many people here have been affected .
Better store your coins in a desktop wallet/Cold storage especially if its a large amount . Avoid online wallets as much as possible and remember that If you don't have the private key the wallet is not literally yours .
Better store your coins in a desktop wallet/Cold storage especially if its a large amount . Avoid online wallets as much as possible and remember that If you don't have the private key the wallet is not literally yours .
If the sources of your coins is through a gambling site or any fraudulent practices ,your account will be suspended with no explanations.
Is it just Coinbase that does this?i think not, for example in my case our bitcoin exchanges sites here don't allow us to recieve or send coins from and to a gambling site like coinbase rule and ofcourse there are countries that online gambling is illegal so i believe they have the same rule for gambling on their ToS.
If the sources of your coins is through a gambling site or any fraudulent practices ,your account will be suspended with no explanations.
Is it just Coinbase that does this?
I 'm using coinbase wallet . it's very normal . Nothing happends. Today I send 0.5btc from coinbase to another address. it's ok.
Maybe you have issue with your account in your country. Good luck.
Maybe you have issue with your account in your country. Good luck.
No issues here I love coinbase, don't use it for shady shit and you will be good
Anything can turn out to be shady shit for coinbase because they can change their terms and conditions whenever they want to be in safer side from legal issues. They are not much than paypal, skrill etc like centralized payment processors and bitcoin wallet is just their front face 
Mainly all those cases as coinbase was delaying the btc transactions and mostly all of them have been solved. There is no issue with the wallet but they do check all the transactions.
About the wallet being unsafe:
I myself own a coinbase wallet and am very particular when it comes to users who send me bitcoins for trades. If they send me from their gambling wallet, my account is just ruined and that's why I switched back to xapo unless I'm receiving coins from exchange websites. My account coins were never stolen though.
About the wallet being unsafe:
I myself own a coinbase wallet and am very particular when it comes to users who send me bitcoins for trades. If they send me from their gambling wallet, my account is just ruined and that's why I switched back to xapo unless I'm receiving coins from exchange websites. My account coins were never stolen though.
Never had any problems with coinbase, except when buying btc sometimes it says failed and takes money from the card little bit later. You could just always do this if you dont want to get tracked by them: coinbase -> wallet -> bitcoin mixer service -> wallet. Don't store your bitcoins there, withdraw asap to an address you own private key for.
The moment money arrives in the coinbase wallet,logically you give out your control to the exchange.Meaning,they can do whatever the fuck they want with the coins.If the sources of your coins is through a gambling site or any fraudulent practices ,your account will be suspended with no explanations. Why choose a complicated way to make your bitcoins secure when you can simply use a small desktop wallet?I do not mix my coins, but never had any problems when withdrawing to wallet and not to gambling sites. Also coinbase has lowest fees for me as i can get so im not changing because i've had a good experience with them.
Interms on that, but what about.if you are buying at them or having a huge balance stored? Surely you will suffer a problem same as other people claimed here, but if you dont face any serious issue for now much better if you wouldn't store huge volume if btc in their, try to learn from peoples though since they experienced to be compromised by them.
Never had any problems with coinbase, except when buying btc sometimes it says failed and takes money from the card little bit later. You could just always do this if you dont want to get tracked by them: coinbase -> wallet -> bitcoin mixer service -> wallet. Don't store your bitcoins there, withdraw asap to an address you own private key for.
The moment money arrives in the coinbase wallet,logically you give out your control to the exchange.Meaning,they can do whatever the fuck they want with the coins.If the sources of your coins is through a gambling site or any fraudulent practices ,your account will be suspended with no explanations. Why choose a complicated way to make your bitcoins secure when you can simply use a small desktop wallet?I do not mix my coins, but never had any problems when withdrawing to wallet and not to gambling sites. Also coinbase has lowest fees for me as i can get so im not changing because i've had a good experience with them.
Interms on that, but what about.if you are buying at them or having a huge balance stored? Surely you will suffer a problem same as other people claimed here, but if you dont face any serious issue for now much better if you wouldn't store huge volume if btc in their, try to learn from peoples though since they experienced to be compromised by them.
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maybe coinbase has got problem with their security so many members of coinbase has stolen their balance, i hope the coinbase will fix this so we don't have to get worried to save our balance in that site. so far, i am not use coinbase again for any of transaction, but yes i have experience in the past with coinbase and i don't have a problem with them.
I have heard some really bad story's about coinbase over the years,
Hence why I refuse to use them for anything.
I hope you can resolve your situation with them! Good luck!
Hence why I refuse to use them for anything.
I hope you can resolve your situation with them! Good luck!
That's why storing your coins in an exchange site which is a centralize one is not really safe, there are so many issues I read like this before, and I don't think why this wallet is listed on bitcoin.org which I think much better if it's not there like blockchain.info which has so many issues that cant be solve by them.
No issues here I love coinbase, don't use it for shady shit and you will be good
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