Bitcoin Forum
May 07, 2024, 01:15:05 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Coinbase.com $5 difference in exchange rate when paying invoice  (Read 1436 times)
Moebius327 (OP)
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
July 29, 2013, 02:45:20 PM
Last edit: October 16, 2017, 10:48:35 AM by Moebius327
 #1

Paid an invoice issued trough coinbase for $290 yesterday and didn't notice the weird exchange rate $92/BTC. I sent 3.1394349 BTC .  Several minutes after transaction completed I noticed the low exchange rate and refreshed the invoce and now their exchange rate was $97 (2.98BTC for the invoice).

Has anyone experienced this?

Edit: Still waiting for some feedback from their support
1715044505
Hero Member
*
Offline Offline

Posts: 1715044505

View Profile Personal Message (Offline)

Ignore
1715044505
Reply with quote  #2

1715044505
Report to moderator
1715044505
Hero Member
*
Offline Offline

Posts: 1715044505

View Profile Personal Message (Offline)

Ignore
1715044505
Reply with quote  #2

1715044505
Report to moderator
1715044505
Hero Member
*
Offline Offline

Posts: 1715044505

View Profile Personal Message (Offline)

Ignore
1715044505
Reply with quote  #2

1715044505
Report to moderator
In order to achieve higher forum ranks, you need both activity points and merit points.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Moebius327 (OP)
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
August 01, 2013, 03:01:34 PM
 #2

I would advice not to use coinbase.com

4 days and no reply from support.
joesmoe2012
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ching-Chang;Ding-Dong


View Profile WWW
August 02, 2013, 09:20:27 AM
 #3

So wait, did yo uget the better exchange rate or the worse one?

Their exchange rates fluctuate alot, they even fluctuate depending on how many coins your selling (for exmaple if you put in 50 coins to sell vs 1 the price will be different.

No issues on my end with coinbase, I like the people behind it, the platform, and the fact that they are trying to get registered in all 48 states that require it.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
democ
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
August 02, 2013, 09:57:32 AM
 #4

Bitcoin is extremely violate and the price can change quickly. Coinbase provides an excellent service, and as they are a young startup they cannot provide much support.
Moebius327 (OP)
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
August 02, 2013, 01:27:14 PM
 #5

So wait, did yo uget the better exchange rate or the worse one?

Their exchange rates fluctuate alot, they even fluctuate depending on how many coins your selling (for exmaple if you put in 50 coins to sell vs 1 the price will be different.

No issues on my end with coinbase, I like the people behind it, the platform, and the fact that they are trying to get registered in all 48 states that require it.


Well it seems like a nice service.

I paid the invoice using the worst exchange rate.

Unfortunately I am not using coinbase until I get more information about their fluctuating exchange rate. 5$ exchange difference within 6-7 minutes for the same invoice is simply unacceptable.
GenTarkin
Legendary
*
Offline Offline

Activity: 2450
Merit: 1002


View Profile
August 03, 2013, 07:22:09 AM
 #6

It might be that they arent using Gox as their exchange rate comparison atm....
bitstamp & btc-e usually are less exchange rate than gox... perhaps this is why.

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! -- !!NO LONGER AVAILABLE!!
Donations: bitcoin- 1Px71mWNQNKW19xuARqrmnbcem1dXqJ3At || litecoin- LYXrLis3ik6TRn8tdvzAyJ264DRvwYVeEw
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!