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Title: Coinbase allows instant buy of 1btc for new users! Post by: zeetu on November 14, 2013, 12:56:58 AM Hey guys, Coinbase just added the ability for people to buy up to 1btc/week instantly without doing the 30 day wait. I just tried it for 0.50 BTC and I got it instantly in my coinbase account.
Check it out here: http://blog.coinbase.com/post/66910620890/new-coinbase-users-can-now-acquire-their-first-bitcoin Quote Part of our goal at Coinbase is to make acquiring Bitcoin as easy as possible. Since August, we’ve had an instant-buy feature available to users who have made a purchase and been with us for 30 days. Starting today, all new Coinbase users can acquire a small amount of bitcoin (just 1) without the 30-day wait period provided they meet the rest of the required verifications (verifying their ID and adding a backup credit card). http://media.tumblr.com/9fd10e9dbdac4e25f4d35f30abdbd9c2/tumblr_inline_mw7xyfqwc21qasw7n.png Traditionally it has taken a few business days for new users to acquire bitcoin for the first time, even though they want it immediately. With this change, a bitcoin newbie can acquire their first bitcoin in the time it takes to link and verify their payment methods - 10 minutes or less. Check it out and try buying some bitcoin instantly! And while you’re at it, let your friends know that they too can get their first bitcoin in a matter of minutes. If you use our referral options, both you and your friend will get $5 of Bitcoin! If you don't have a coinbase account yet, feel free to use my referral link and we both get a $5 bonus once you buy atleast 1 Bitcoin: https://coinbase.com/?r=516dc0d2824af68dc500004e&utm_campaign=user-referral&src=referral-link Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: exstasie on November 14, 2013, 01:00:08 AM I guessing that this is still only available for American banks?
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: zeetu on November 14, 2013, 01:03:08 AM I guessing that this is still only available for American banks? I believe so. ACH transfers are a US thing I believe. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: jeran on November 14, 2013, 01:46:45 AM That's not a bad system. I used Virwox to get my feet in the water, but obviously for something like an entire coin I'd need to look elsewhere, as Virwox limits you to something like half of a coin per month.
Are there any exchanges that allow USD deposits from paypal? I know of a couple that allow withdrawal to paypal but do not allow deposits. I'll be looking out but it seems like the OP had an easy way to get started with a coin. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: snakebit on November 14, 2013, 02:07:44 AM Thanks zeetu! ;D
I finally was able to buy some btc from Coinbase with the instant buy. The last several tries, I've been unsuccessful due to "high-risk". Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: tnathe on November 14, 2013, 02:09:45 AM meh, I bought less than 1 BTC about 7 days ago, still pending until tomorrow. UNACCEPTABLE imo. They got my money from my bank with 2 days though...convenient for them.
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: hasher87 on November 14, 2013, 02:10:05 AM thanks for the info
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: marketorder on November 14, 2013, 02:13:55 AM So I guess the instant 1 Bitcoin doesn't apply since you bought it a week ago?
meh, I bought less than 1 BTC about 7 days ago, still pending until tomorrow. UNACCEPTABLE imo. They got my money from my bank with 2 days though...convenient for them. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: coreli on November 14, 2013, 03:35:53 AM Thanks zeetu! ;D I finally was able to buy some btc from Coinbase with the instant buy. The last several tries, I've been unsuccessful due to "high-risk". I believe the high risk flag is almost unfairly used, this has happened to myself on a under of occasions when bitcoin fluctuation are in fact not that bad. But who knows, clearly companies such as coinbase need to protect themselves. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: nahtnam on November 14, 2013, 04:37:39 AM As far as I know there are a lot of verification steps. You first have to buy or sell btc and wait for 30 days. Verify a phone, bank, cc and you ss number.
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: Lauda on November 14, 2013, 05:13:01 AM Very nice. Thank you for sharing this.
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: zeetu on November 14, 2013, 05:17:25 AM As far as I know there are a lot of verification steps. You first have to buy or sell btc and wait for 30 days. Verify a phone, bank, cc and you ss number. You no longer need to wait 30 days for this 1 btc/week option. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: amiryaqot on November 14, 2013, 06:16:45 AM is good sharing, keep it up,thanks buddy
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: nahtnam on November 14, 2013, 06:20:58 AM As far as I know there are a lot of verification steps. You first have to buy or sell btc and wait for 30 days. Verify a phone, bank, cc and you ss number. You no longer need to wait 30 days for this 1 btc/week option. Really? I am not able to buy/sell instantly, and I have had my account for about 6 months. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: zeetu on November 14, 2013, 07:07:06 AM As far as I know there are a lot of verification steps. You first have to buy or sell btc and wait for 30 days. Verify a phone, bank, cc and you ss number. You no longer need to wait 30 days for this 1 btc/week option. Really? I am not able to buy/sell instantly, and I have had my account for about 6 months. It was just added. You must verify your account, add a credit card and add a bank account. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: beetcoin on November 14, 2013, 08:30:29 AM i might have to get into the coinbase game, but man.. it's 400/btc now.
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: Harley997 on November 14, 2013, 09:28:30 AM SSN? for real? no way, not touching that site.
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: tnathe on November 14, 2013, 03:05:31 PM Ssn? It never asked for my social
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: nahtnam on November 14, 2013, 03:13:02 PM As far as I know there are a lot of verification steps. You first have to buy or sell btc and wait for 30 days. Verify a phone, bank, cc and you ss number. You no longer need to wait 30 days for this 1 btc/week option. Really? I am not able to buy/sell instantly, and I have had my account for about 6 months. It was just added. You must verify your account, add a credit card and add a bank account. I have done everything except for verify your identity which requires ssn. Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: coins-e support on November 14, 2013, 03:17:11 PM Thank you for the information.
Title: Re: Coinbase allows instant buy of 1btc for new users! Post by: CoinTerm on November 14, 2013, 03:51:55 PM I will abandon coinbase at my first opportunity, but right now their instant purchases win the day. That is risky for them to allow with chargeback and stop-payments.
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