coinbase?

[nasi]

one question if i verfy payment method with a debit/credit will i geta 3% charged when i bu bitcoins

[nichu]

Coinbase is a big exchange, they have lots of bitcoin users and a large number of bitcoin wallets. Its legit, only few users had problems because they could block your account if you use it to gamble on bitcoin casinos. But if you don't it to gambling, you will not have problems with coinbase.

why would coinbase interfere on where we use our coins and block the account,any specific reason for that ,as i am not aware of things like this

[Lionidas]

Of course coinbase is legit, it has a large user base & has been around forever.

[The Sceptical Chymist]

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

Yes they're definitely legit and I've done the Coinbase--->blockchain wallet transfer.  They will close your account in a hearbeat though if you transfer funds to gambling sites or any other shady activity.  And no warning.  And just general advice:  As with any exchange, don't store bitcoin there, just use it to buy and sell.  Good luck.

[Raimonn]

Coinbase is a big exchange, they have lots of bitcoin users and a large number of bitcoin wallets. Its legit, only few users had problems because they could block your account if you use it to gamble on bitcoin casinos. But if you don't it to gambling, you will not have problems with coinbase.

why would coinbase interfere on where we use our coins and block the account,any specific reason for that ,as i am not aware of things like this

Its in coinbase legal rules, but if coinbase blocks your account, they ask you another wallet to send your bitcoins (they don't stole your money). You can read what they don't allow to do with a coinbase account here:
https://www.coinbase.com/legal/prohibited
""5.Gambling, except where permitted by Coinbase""

[nichu]

Coinbase is a big exchange, they have lots of bitcoin users and a large number of bitcoin wallets. Its legit, only few users had problems because they could block your account if you use it to gamble on bitcoin casinos. But if you don't it to gambling, you will not have problems with coinbase.

why would coinbase interfere on where we use our coins and block the account,any specific reason for that ,as i am not aware of things like this

Its in coinbase legal rules, but if coinbase blocks your account, they ask you another wallet to send your bitcoins (they don't stole your money). You can read what they don't allow to do with a coinbase account here:
https://www.coinbase.com/legal/prohibited
""5.Gambling, except where permitted by Coinbase""

wow they have some TOS , but i would like to know what will be the reason to use the coins for gambling. there will be a reason for a company to stop anything right, what surprised me was it cant be allowed for prostitution. since gambling and prostitution are not allowed is it run by the church  , i cant find any other reason other than the site is run in islamic countries ? 

[BellaBitBit]

I have been with Coinbase for awhile now and I trust and like it. They are a legit and major player at this point and in the Bay Area.

[7788bitcoin]

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

Yes, Coinbase is legit. It is one of the most widely used wallets and most trusted ones. So far there has been no problem for me, except in the past I experience some issues with importing private keys- but this feature is no longer available I guess...

[Raimonn]

Coinbase is a big exchange, they have lots of bitcoin users and a large number of bitcoin wallets. Its legit, only few users had problems because they could block your account if you use it to gamble on bitcoin casinos. But if you don't it to gambling, you will not have problems with coinbase.

why would coinbase interfere on where we use our coins and block the account,any specific reason for that ,as i am not aware of things like this

Its in coinbase legal rules, but if coinbase blocks your account, they ask you another wallet to send your bitcoins (they don't stole your money). You can read what they don't allow to do with a coinbase account here:
https://www.coinbase.com/legal/prohibited
""5.Gambling, except where permitted by Coinbase""

wow they have some TOS , but i would like to know what will be the reason to use the coins for gambling. there will be a reason for a company to stop anything right, what surprised me was it cant be allowed for prostitution. since gambling and prostitution are not allowed is it run by the church  , i cant find any other reason other than the site is run in islamic countries ? 

I suppose that they block gambling to avoid problems with some countries. If they support bitcoin gambling they could have problems with some country laws and coinbase wouldn't be allowed to operate in this country. Bitcoin casinos block users from some countries too.

[bitcoinmar]

Coinbase is very legit site I am using this for more then one year without any limit but you have to follow T&C if you are going against them then they will close your account very quickly without any explanation and for buy and sell you have to check is this available for your country

[AliceWonderMiscreations]

I use them.

I do not do any of the illegal things they mention as against their ToS.

However I have advocated to sex workers that they use bitcoin, because I believe it is safer for them. I have no however paid any of them with bitcoin or sold them bitcoin or anything like that, but I hope that doesn't someday get me into trouble with coinbase.

For me, it isn't that I condone illegal sex work, it's just that those in illegal sex work often can't have bank accounts so they end up with large amounts of cash and that is dangerous, they end up getting beated and robbed.

I would rather they be safe from that than be beaten up.

But anyway, I rarely buy anything using coinbase wallet - usually I send it to my core wallet first. That's probably the smartest thing for people to do.

[techgeek]

There was a reddit thread not long ago I read, which I`ll link here if I find it again.

But I`m sure you can search on google for this as well, that they been suspending accounts that trail to any involvement they see as a consider illegal activity.

In some cases members that havent even done anything get also suspended which people are frowning on coinbase for as well.

[Duomo]

I use coin-base to purchase bitcoins all the time and I generally have had no problem whatsoever purchasing coins from them. The only thing is I kind of wish there was a much faster deposit time when I make a cash deposit but other than that, it is my preferred website which I purchase bitcoins from.

[Alley]

They are one of the best exchanges to use.  There are always going to be anti government people saying all sorts of negative stuff about them so you just have to filter that out.

[pt]

I would recommend them. I've used coinbase several times and never had any problems.

[RoughLyfe]

Coinbase is legit,but may not be the best company out there.If you plan on using it only for a wallet then go for it,its better if you got a downloadable wallet but coinbase is one of the better online wallets.But if you intent to use it for buying/selling bitcoin  then its much better if you use circle as they are instant and allow you to use a debit card.

[aardvark15]

I've used coinbase for a couple of years and I haven't had any problems with them.  They do want a lot of info, but they are based in America.

[Herbert2020]

Coinbase is good, mostly for US citizens and only for buying and selling bitcoin. but if you are planning on using them as your wallet to store bitcoin i would advise against it for two main reasons.
- it is an online wallet which means risk (hack,...) while using them
- they have all these rules that you have to follow or they will block your account and your funds.

so you are better off using another (desktop, paper,...) wallet to store coin bitcoins.

[bonski]

Yes coinbase is legit and many are using it as they btc wallet, if you want to check if it's trusted you may check it through www.scamadviser.com but not all the results there were accurate but still it can be a good source of trust information

[Kakmakr]

Coinbase have to adhere to the same regulations any other financial institution in the USA have to adhere to, namely KYC/AML. This is why you have to go through all those verification processes. They have been operating for years, with only a few users complaining that their accounts were blocked, because they traded with sites not allowed in their ToS.

Read the ToS carefully and avoid those type of sites, for example Bitcoin Gambling.