Beware of CoinBase

[rienelber]

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.

Source: https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbase

In News: Coinbase Is Tracking How Users Spend Their Bitcoins


Uow, I wasn't aware of that. Thanks for the heads up!

[GermanGiant]

There have the worst customer service known to men for this kind of platform just for a misunderstanding
now they stealing all my btc  fucking coinbase is the next paypal don't do business with them if you can help it.

You have plenty of alternatives. No need to stick to Coinbase.

[Cortive]

There have the worst customer service known to men for this kind of platform just for a misunderstanding
now they stealing all my btc  fucking coinbase is the next paypal don't do business with them if you can help it.

This is what most of us are scared of. BTC Wallets acting like PayPal, however, there are too many wallets and there can always be more wallets.