My referred me to coinbase , but it seems their ID verification service is down .
He mentioned that I need to provide my scanned documents for ID verification ? Is it true ? If some one can throw light on new member joining formalities related to ID verification that should be helpful.
I live in US, is it safe to use discover credit card in coinbase for buying bitcoins ?
I have used Coinbase and happily used my credit card to buy Bitcoin on their site. I also needed to provide photos of the front and back of my driving licence. Verification took 10 minutes or so.
Coinbase seems to have a good reputation save for the fact that their systems don't handle volatility well. In other words, the main problem with Coinbase seems to be that you can't rely on being able to take advantage of quick market movements as their servers typically go down whenever there are large price fluctuations.