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1  Other / Beginners & Help / Re: Explain to newbie how to transfer money to someone in Ukraine with bitcoin on: March 13, 2022, 07:52:39 PM
Thank you pooya87.  Glad to know my posts weren't deleted.  Something about this led me to believe they were: https://ibb.co/02DgNhp

Thank you everyone for all the other suggestions.  I'm starting to think that, if I use Bitcoin Wallet, then I don't really need to use Coinbase?  I have nothing against Coinbase, other than that they put a limit on my bitcoin purchasing and were unable to tell me if it was a "per day" limit or an account balance limit.  Other than that, it seemed fine, but I have nothing to compare it to yet. 
2  Other / Beginners & Help / Is Coinbase's bitcoin purchase limit a "per day" limit or an account balance lim on: March 11, 2022, 10:00:00 PM
...it.

This is really a follow-up to my previous question about using Bitcoin to send money to a friend.

I'm new to bitcoin and cryptocurrencies in general.   I recently joined Coinbase.  Today, I wanted to buy $500 worth of bitcoin but was informed that I have a $300 bitcoin purchasing limit.

OK fine.  I just wanted to know, is that a "per day limit"?  Or is that an account balance limit?

In other words, can I buy $300 of bitcoin today, and buy $200 of bitcoin tomorrow, in order to have a balance of about $500 bitcoin in my Coinbase wallet tomorrow?

OR

If I buy $300 of bitcoin today, do I have to remove it from my Coinbase wallet before I can purchase any more bitcoin? 

I asked this question more than once to a Coinbase customer service rep in an online chat, but he did not answer it.  (He may have been a bot; It's so hard these days to tell if service reps are bots or just humans who know nothing about their company's policies.)

3  Other / Beginners & Help / Re: Explain to newbie how to transfer money to someone in Ukraine with bitcoin on: March 11, 2022, 09:48:02 PM
Thank you SmartVirus, if I'm allowed to thank you.

I had 2 posts deleted by moderators.  One was just a very short post saying how things turned out and thanking everyone for their comments.  That was bizarrely censored for being off topic.

The other was a response to the person who warned about doing anything illegal, in which I, in self-defense, said that I have no intent to do anything illegal and haven't. 

Sorry, I don't mean to break forum rules, no matter how unexpected or strict.

4  Other / Beginners & Help / Re: Explain to newbie how to transfer money to someone in Ukraine with bitcoin on: March 09, 2022, 09:48:21 PM
OmegaStarScream, or anyone:

OK, I've created a Coinbase account, funded it, and bought a small amount of bitcoin as a test.  

Although I know my friend's advcash account number, I don't really know how to send to it.  In other words I'm not sure I know the proper syntax or whatever so that it actually goes to his advcash account.

I do know the reference code for the bitcoin that I bought.  If I send the reference code to my friend, can he then take it from there?  i.e. transfer it to his account?  The reference code is only 8 characters, alphanumeric.



DannyHamilton,

Thank you for your post.  I am absolutely positively not trying to do anything illegal.  All I’m trying to do is to send a friend money during an extreme emergency, to potentially save some lives.  

If I could have accomplished that via Western Union, Moneygram, Wise, PayPal, prepaid debit cards, etc., I would have, but there were problems with all of them.  If I could have feasibly just sent cash or a personal check, or done it anyway I’ve heard of or am familiar with, I would have.

Briefly, the Western Union website required me to choose a source currency and a receiver currency, apparently made the conversion, but when I entered my friend’s bank card number, it gave me a “currencies don’t match” error and would go no further.  I spent an unbelievably long time on that, including chatting with a customer service rap who was useless.

With moneygram, I gave it all the info I had about my friend and his account, but it wanted more obscure info that I didn’t have.  So that’s at a stalemate for now.

Wise asked me to take a picture of my ID and myself, something that seemed odd to me at the time since I don’t remember any online financial institution asking me to do that.  Nevertheless, I was willing to do it, but there was a webpage where I was supposed to select to have an email sent to me, which I did.  The email contained a “verify my ID” button, but selecting it only took me back to the aforementioned webpage asking me to have an email sent to me.  i.e. an infinite loop.

And I looked into prepaid debit cards (like e-giftcards) but apparently they’re generally good in the U.S. only.  There are supposedly some limited exceptions, but I couldn’t jump through the hoops.

I had never heard of advcash before yesterday, but from what I’ve seen so far, it doesn’t appear to be anything shady, but rather a legitimate site, but for Europeans only.  I could be wrong.  But at this point, I’m not positive about plugging the advcash account number into Coinbase’s Send function, and I don’t want to send it to the wrong place or oblivion.

When this is all over, I'm sure I'll realize that I "should have" just done "this, this and this," but right now, it's like trying to find all my classes and locker on the first day of high school, but worse.



Update:  I think it worked!  

My recipient created a wallet and sent me an address, which was a long alphanumeric string of characters.

Thank you all for your help.

I'm a little confused as to whether I need to get/download a wallet, or whether I have have a built-in wallet in Coinbase that will be sufficient.  In any event, I haven't yet been able to see what the address for my wallet is.  

5  Other / Beginners & Help / Re: Explain to newbie how to transfer money to someone in Ukraine with bitcoin on: March 09, 2022, 03:33:07 PM
Thank you Findingnemo.

Question:  My friend has an account in something called advcash and I know his account number (wallet).  But when I tried to register on that site, I couldn't because it said that Advcash is not allowed for U.S. citizens.  But would I be able to send Bitcoin from my Coinbase account to his advcash account?  Or would I be prohibited from doing that because I'm a U.S. citizen?
6  Other / Beginners & Help / Re: Explain to newbie how to transfer money to someone in Ukraine with bitcoin on: March 09, 2022, 03:03:46 PM
Thank you OmegaStarScream!

So...to do the actual transfer, I'm guessing that after he creates an account in KUNA, he lets me know his account number, and then there's some option in Coinbase for transferring the Bitcoin to him?   (Again, I obviously know nothing about Bitcoin or how it works.)
7  Other / Beginners & Help / Explain to newbie how to transfer money to someone in Ukraine with bitcoin on: March 09, 2022, 02:50:18 PM
I know nothing about bitcoin.

I've been trying to find a way to transfer money to a friend in the Ukraine.  I am in the U.S.

So far, everything I've tried, Western Union, Moneygram, Wise, PayPal, prepaid debit cards, has hit some roadblock.

I'm going to try to figure it out on my own.  But if anyone can give a simple step-by-step description of the procedure, I'd appreciate it.  Thanks.
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