Bitcoin Forum

Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: BayAreaCoins on August 02, 2015, 09:19:37 AM



Title: Coinbase can "limit" your account for using altcoins.
Post by: BayAreaCoins on August 02, 2015, 09:19:37 AM
https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbase

Coinbase neither prohibits nor endorses our customers’ lawful use of any third-party exchange service. Nor do we necessarily prohibit our customers’ sale of bitcoin in peer-to-peer transactions for personal, non-business use.

Coinbase customers may not, however, use their Coinbase Accounts to engage as a business in the exchange of virtual currency for fiat currency, funds, or other virtual currency. Coinbase reserves the right to limit your account use if we detect activity which constitutes a violation of this policy and/or our User Terms. We further reserve the right to limit your account use if your account is associated with high-volume activity inconsistent with personal use.


Be safe out there folks.  


Title: Re: Coinbase can "limit" your account for using altcoins.
Post by: NorrisK on August 02, 2015, 10:26:15 AM
Basically they say that if you use it for normal personal use there is nothing to worry about.

Just don't use bots or clearly use the account for business transactions.


Title: Re: Coinbase can "limit" your account for using altcoins.
Post by: UFCkid on August 02, 2015, 10:28:02 AM
Still a joke.  :-\


Title: Re: Coinbase can "limit" your account for using altcoins.
Post by: KhalDrago on August 02, 2015, 10:32:21 AM
I like coinbase


Title: Re: Coinbase can "limit" your account for using altcoins.
Post by: unusualfacts30 on August 02, 2015, 11:14:21 AM
https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbase

Coinbase neither prohibits nor endorses our customers’ lawful use of any third-party exchange service. Nor do we necessarily prohibit our customers’ sale of bitcoin in peer-to-peer transactions for personal, non-business use.

Coinbase customers may not, however, use their Coinbase Accounts to engage as a business in the exchange of virtual currency for fiat currency, funds, or other virtual currency. Coinbase reserves the right to limit your account use if we detect activity which constitutes a violation of this policy and/or our User Terms. We further reserve the right to limit your account use if your account is associated with high-volume activity inconsistent with personal use.


Be safe out there folks.  

Cliffs:

Coinbase is a merchant who sells bitcoin for $. Don't use them as an exchange. Use BTC-E instead if you want to day trade btc to $


Title: Re: Coinbase can "limit" your account for using altcoins.
Post by: meadefreling on August 06, 2015, 09:47:42 PM
There are other options for US residence but coinbase will only loose more customers.