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Title: Coinbase "High Risk" Transactions and 4 Business Days More Than 4 Business Days Post by: astralhash on November 10, 2013, 04:48:08 AM I am just wondering what exactly coinbase considers "high risk". I bought a few BTC at $270 on this most recent dip and they are not scheduled to come until 4 business days, which apparently is on November 18 (????). I am wondering if bitcoin is soaring in 2 weeks will they still allow my transactions to go through?
Title: Re: Coinbase "High Risk" Transactions and 4 Business Days More Than 4 Business Days Post by: MAbtc on November 10, 2013, 04:54:20 AM I have never felt comfortable using Coinbase for the reason you mention. They screw far too many people on this "high risk" policy that is quite opaque in nature. I don't recommend them to anybody, and I also don't recommend that people store coins there, since they are a 3rd party hosted wallet.
Title: Re: Coinbase "High Risk" Transactions and 4 Business Days More Than 4 Business Days Post by: astralhash on November 10, 2013, 04:55:02 AM Unfortunately this is the easiest and best way I know of to easily get USD to BTC. Know of something better?
Title: Re: Coinbase "High Risk" Transactions and 4 Business Days More Than 4 Business Days Post by: MAbtc on November 10, 2013, 05:00:14 AM Unfortunately this is the easiest and best way I know of to easily get USD to BTC. Know of something better? I'm probably not the best person to ask, as I don't much put dollars into buying coins anymore. In the past, I've made P2P trades in the currency exchange subforum. I'd prefer to do things P2P, in person, etc. I don't like dealing with exchanges, so when I do, it's just to send them coins, sell them, hold fiat for a while, and buy coins to send out again. |