coinbase?

[_Miracle]

I have bought with Coinbase, my last experience was a minimum 15cent fee or 1% (I live in the U.S.).
I don't typically store coin on the site but do use them to transact from time to time.
Someone mentioned a lag when converting coin to fiat: yes, wish it was faster too.
So far, good enough for now.

[Genius Einstein]

I really like coinbase and previously used it and it was very reliable and it is legit. You should use it

[pooya87]

whenever i think of coinbase the first thing that comes to my mind is this https://bitcointalk.org/index.php?topic=747596.0
and since a lot of bitcoin users are gambles too, i suggest you to be careful and read their TOS carefully if you don't want to get into trouble while using coinbase services.

[AliceWonderMiscreations]

whenever i think of coinbase the first thing that comes to my mind is this https://bitcointalk.org/index.php?topic=747596.0
and since a lot of bitcoin users are gambles too, i suggest you to be careful and read their TOS carefully if you don't want to get into trouble while using coinbase services.

Unfortunately their ToS looks like what I expected a legal exchange in the US would be required to do, so I can't fault them for that.

You do those things from a bank account and it gets flagged, you lose your bank account.

That's why a lot of sex workers and even legal marijuana dealers can't have bank accounts. It's a problem in this country that needs to be fixed, our laws are are really bad in that area and put people at risk.

[Denker]

Yes Coinbase is real and legit.
But highly regulated and pretty quick in closing accounts when in their opinion something seems to be suspicious.
My advice:If you definitely wanna use them, only buy or sell some coins  and then transfer to your own private wallet or bank account.
Don't store your coins with Coinbase!

[Jeremycoin]

Of course they are legit, even Google use their information for the Bitcoin Price google search.
They are definitely can be trust, you shouldn't have doubt on them.

[arbitrage]

Those few negative comments are those who didn't read rules or they want to blame others for their mistakes probably. I have never had any problems with Coinbase.
Same goes for BTCe.

[barbara44]

Yes, coinbase is legit services as per many people here. I heard so much about coinbase, but didn't use yet. Now I decided to give at a try. I am using Xapo as primary wallet and very much satisfied with it.

[partysaurus]

i use coinbase to buy and store bitcoins in their cold storage. never had any problem at all. always been smooth you can even buy bitcoins with your creditcard instead of bank transfers thats pretty convenient.

[kokojie]

Just beware that coinbase controls the private keys, not you. Also the funds that are not in "vault" are not insured, so you CAN lose your money if coinbase decides to close shop or the government decides to freeze your funds.

For just Bitcoin storage and transaction, I would stay away from coinbase, and use blockchain wallet instead, since with blockchain, you control the private key, not blockchain, they don't even know your private key.

But for buy/sell Bitcoin with fiat, then yes coinbase is really convenient though they charge a very high fee.

mtgox was big and legit too, until it wasn't.

[nasi]

guys if i verify my coinbase acount using credit/debit in the UK will i get charged when buying bitcoin from coinbase exchange.

is it better to verify my credit or bt a bank

[nasi]

i use coinbase to buy and store bitcoins in their cold storage. never had any problem at all. always been smooth you can even buy bitcoins with your creditcard instead of bank transfers thats pretty convenient.

how much would they charge i use my debit/credit card

[kotwica666]

is coinbase legit?? anyone used them to sell and buy and can you transfer coinbase wallet to blockhain?

verify bank is it secure? please leave your comment

Few days ago someone ask similar question, so i will just quote my answer here

coinbase is asking for a lot of info.  are they legit?

Coinbase have the best security from all wallets and exchanges on market!
Here you have little overview:
https://bitcointalk.org/index.php?topic=1364126.0

Here you have more info about how big is this project:
http://www.wsj.com/articles/coinbase-raises-75-million-in-funding-round-1421762403
http://www.wsj.com/articles/first-u-s-bitcoin-exchange-set-to-open-1422221641
http://www.coindesk.com/coinbase-expands-bitcoin-services-to-canada/
http://www.nytimes.com/2015/09/22/business/dealbook/the-benefits-of-allowing-bitcoin-to-flourish.html?_r=1

Of course you can send BTC from Coinbase everywhere, but as was mentioned gambling, dark web or illegal activity detected on your account will rosult of blockade.
 
Edit 1

how much would they charge i use my debit/credit card

As i remember correct, last time they charge me for international transfer just 0.15 cents (euro). (Will be better if someone confirm that) Anyway fees are not high.

Fee UK

Buy / Sell - 1%
Credit card - Buy / Sell - 3%
Bank wires - in / out *   - N / A
Bank transfers (SEPA) - in / out * - Free/€0.15

Edit 2
I have confirmed only my bank account and everything is working correct, not sure what exactly you would like to know?

Edit 3
Oh i think you ask if better is confirm card or account? I think that have no connection with exchange fees.

[Spytryc]

I have bought 6 times through coinbase and they took their fees instantly from me. That bit of their service was excellent. HOWEVER now I am waiting on a withdrawal since the 9th of December which caused me to miss my mortgage payment. Have they done anything about it, "f all".

As this has caused hardship I have resorted to swearing which I don't advise because of mamby pamby uk laws on abuse. But the real abuse here is these tossers not giving me my money back on a timely basis.

This happened because they lost their GBP bank account and required me to comply with SEPA  and take a Euro deposit to my account (at cost to me). But when you send from my bank it goes out on the generic bank iban number. That then looks like your verified SEPA iban account. I withdrew to that account and was then sent an email saying not to; too late. I then explained that they should enact a payment recovery "fucking ages ago" and still don't have my money.

Would you use Coinbase if it took a month, 2 months to withdraw your money and were having to go through another conversion process to another currency at cost to you?

I thought not!

Just another bunch of scammers like mt gox and that scumbag Paul Vermin of Cryptsy fame.

As my email clearly said give me my fucking money back or I will visit your Cheapside St, London office.

[cidman]

I have been using coinbase for a few months, havent had any real problem till now.
The main thing Ive always had a problem with is that you have no choice of buy or sell price at all.  1 time I made a purchase order and it didnt buy till the price was almost $15 higher.  And the fees seem to be going up too.
But now the main problem I have is, I do SMS verification and they are blaming one of the worlds largest phone carriers isnt sending me SMS texts from just them no one else.  I have contacted my carrier and they have received nothing from them since my last login weeks ago.  So I am essentially locked out of my account at the highest sell point weve seen in weeks.  And not only that but i got like $15 in my bank account lol.  Gonna be a rough weekend.

[jovs]

is coinbase legit?? anyone used them to sell and buy and can you transfer coinbase wallet to blockhain?

verify bank is it secure? please leave your comment

It is legit, however some countries aren't supported by coinbase hence, it is not for worldwide wallet unlike blockchain. It is a great exchanger the let you to be able to convert fiat money to btc vice versa. It has a legal information and major wallet for usd to btc exchanger vice versa. However, since we can convert our fiat money to btc vice versa in my country through coins.ph, I don't need coinbase because I prefer blockchain in terms of service, security, and reliability.

[ajaxmoor]

Couldn't find their ANN thread. Does anyone know why their fees is too high ? Did a transaction this week for about 60$ and got charged almost a dollar on fees. Has this always been the case ?

[cidman]

at this point im am gonna find any service that replaces coinbase after last week
i sold btc to my bank account, the transaction failed on their site
funds were gone with no confirmation or information at all
i sent an email to support right away
nothing for 36 hours so i sent a 2nd support email, nothing
thankfully the transaction did complete and it was a problem with the sites front end
but i didnt receive a reply to my support email for over a week
that is just not acceptable by any means at all
even if i cant find anything else to replace them exactly I WILL NEVER SELL MORE THAN $500 EVER
u just have no idea if u send them btc and something goes wrong if ull get any sort of help for days
if i tried selling $10k of btc to my bank account i would have filed a police report saying they stole my money after not getting a reply in the 1st 24 hours

[shwin]

coinbase is a shit company.

Froze account of a lot a users and no reply or support.

Stealing money info frozen account.

Support take more than 1 month to reply.

[gamefixer]

I've used Coinbase many times over the past 3-4 years and never had a problem with them. Some transactions took longer then I expected but they always worked out.

Thats up until 10 days ago... I transfer some BTC in, go to sell and find that I can not buy or sell BTC. Email sent to customer support. Here we are 10 days later, no response. They are not answering the phone either.

I'm not sure whats going on there.