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Author Topic: Coinbase can "limit" your account for using altcoins.  (Read 688 times)
BayAreaCoins
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August 02, 2015, 09:19:37 AM
 #1

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

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.


Be safe out there folks.  

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NorrisK
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August 02, 2015, 10:26:15 AM
 #2

Basically they say that if you use it for normal personal use there is nothing to worry about.

Just don't use bots or clearly use the account for business transactions.
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August 02, 2015, 10:28:02 AM
 #3

Still a joke.  Undecided
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August 02, 2015, 10:32:21 AM
 #4

I like coinbase
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August 02, 2015, 11:14:21 AM
 #5

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

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.


Be safe out there folks.  

Cliffs:

Coinbase is a merchant who sells bitcoin for $. Don't use them as an exchange. Use BTC-E instead if you want to day trade btc to $

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August 06, 2015, 09:47:42 PM
 #6

There are other options for US residence but coinbase will only loose more customers.

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