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Author Topic: Gdax/Coinbase crediting your wires fast or not?  (Read 92 times)
SteelCutOats (OP)
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January 16, 2018, 05:55:35 PM
 #1

If I do a wire today into Gdax, how fast will I see it credited in my Gdax account?

I have read horror stories, so I am iffy about doing this, but the sales are everywhere and I need the funds there in my trading account FAST!

Thanks !!
Walrus1
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January 16, 2018, 06:02:00 PM
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I can't even get on coinbase right now to see how bad I'm doing
Walrus1
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January 16, 2018, 06:03:13 PM
 #3

Ps if you did a wire transfer it shouldn't take long but I think coinbase is having problems at the moment
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January 16, 2018, 06:05:25 PM
 #4

If I do a wire today into Gdax, how fast will I see it credited in my Gdax account?

I have read horror stories, so I am iffy about doing this, but the sales are everywhere and I need the funds there in my trading account FAST!

Thanks !!

Maybe 3-7 days. It’s taken a different amount of time for me every transfer. There’s nothing “fast” about bitcoin. The time involved is the reason most people get screwed over when an exchanges gets closed and raided by the feds or steals the money and runs away. They have to leave money on the exchange all the time.

Debit card/credit card = immediate.
Btc transaction = 10 minutes, 20 minutes, ?
Withdraw cash from a bank = 90 seconds
Withdraw cash from a bitcoin exchange = 3 days, 7 days, two weeks, who knows

SteelCutOats (OP)
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January 16, 2018, 07:10:44 PM
 #5

If I do a wire today into Gdax, how fast will I see it credited in my Gdax account?

I have read horror stories, so I am iffy about doing this, but the sales are everywhere and I need the funds there in my trading account FAST!

Thanks !!

Maybe 3-7 days. It’s taken a different amount of time for me every transfer. There’s nothing “fast” about bitcoin. The time involved is the reason most people get screwed over when an exchanges gets closed and raided by the feds or steals the money and runs away. They have to leave money on the exchange all the time.

Debit card/credit card = immediate.
Btc transaction = 10 minutes, 20 minutes, ?
Withdraw cash from a bank = 90 seconds
Withdraw cash from a bitcoin exchange = 3 days, 7 days, two weeks, who knows

I did the wire to coinbase. I will let you know how fast I get credit for it.

I have not linked my debit card to coinbase, only my credit card, but I imagine the purchase limit they impose is the same for debit cards vs credit cards?
Also, is the debit card fee the same as their credit card fee?
I hate giving coinbase so much money in fees to use the credit cards and I can only buy $750 right now, which sucks.

If you don't mind me asking, how are you getting your fiat into crypto? Gemini or other?

Thanks
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January 17, 2018, 06:09:39 AM
 #6

If I do a wire today into Gdax, how fast will I see it credited in my Gdax account?

I have read horror stories, so I am iffy about doing this, but the sales are everywhere and I need the funds there in my trading account FAST!

Thanks !!

Maybe 3-7 days. It’s taken a different amount of time for me every transfer. There’s nothing “fast” about bitcoin. The time involved is the reason most people get screwed over when an exchanges gets closed and raided by the feds or steals the money and runs away. They have to leave money on the exchange all the time.

Debit card/credit card = immediate.
Btc transaction = 10 minutes, 20 minutes, ?
Withdraw cash from a bank = 90 seconds
Withdraw cash from a bitcoin exchange = 3 days, 7 days, two weeks, who knows

I did the wire to coinbase. I will let you know how fast I get credit for it.

I have not linked my debit card to coinbase, only my credit card, but I imagine the purchase limit they impose is the same for debit cards vs credit cards?
Also, is the debit card fee the same as their credit card fee?
I hate giving coinbase so much money in fees to use the credit cards and I can only buy $750 right now, which sucks.

If you don't mind me asking, how are you getting your fiat into crypto? Gemini or other?

Thanks

Yeah, let me know. You’re right the limit is the same. I get my coins from a Coinsource ATM in North beach, SF.

SteelCutOats (OP)
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January 17, 2018, 03:45:18 PM
 #7

If I do a wire today into Gdax, how fast will I see it credited in my Gdax account?

I have read horror stories, so I am iffy about doing this, but the sales are everywhere and I need the funds there in my trading account FAST!

Thanks !!

Maybe 3-7 days. It’s taken a different amount of time for me every transfer. There’s nothing “fast” about bitcoin. The time involved is the reason most people get screwed over when an exchanges gets closed and raided by the feds or steals the money and runs away. They have to leave money on the exchange all the time.

Debit card/credit card = immediate.
Btc transaction = 10 minutes, 20 minutes, ?
Withdraw cash from a bank = 90 seconds
Withdraw cash from a bitcoin exchange = 3 days, 7 days, two weeks, who knows

I did the wire to coinbase. I will let you know how fast I get credit for it.

I have not linked my debit card to coinbase, only my credit card, but I imagine the purchase limit they impose is the same for debit cards vs credit cards?
Also, is the debit card fee the same as their credit card fee?
I hate giving coinbase so much money in fees to use the credit cards and I can only buy $750 right now, which sucks.

If you don't mind me asking, how are you getting your fiat into crypto? Gemini or other?

Thanks

Yeah, let me know. You’re right the limit is the same. I get my coins from a Coinsource ATM in North beach, SF.

Hi, surprisingly, they credited the wire the same day. It probably took around 6 hrs from when it was made.
Now I am not sure what to do since everything keeps going down.
I was going to go on a buying spree last night, but I am glad I didn't.
Nothing but hold what I already have and try to buy at some point soon.
Good luck!
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January 17, 2018, 07:56:19 PM
 #8

If I do a wire today into Gdax, how fast will I see it credited in my Gdax account?

I have read horror stories, so I am iffy about doing this, but the sales are everywhere and I need the funds there in my trading account FAST!

Thanks !!

Maybe 3-7 days. It’s taken a different amount of time for me every transfer. There’s nothing “fast” about bitcoin. The time involved is the reason most people get screwed over when an exchanges gets closed and raided by the feds or steals the money and runs away. They have to leave money on the exchange all the time.

Debit card/credit card = immediate.
Btc transaction = 10 minutes, 20 minutes, ?
Withdraw cash from a bank = 90 seconds
Withdraw cash from a bitcoin exchange = 3 days, 7 days, two weeks, who knows

I did the wire to coinbase. I will let you know how fast I get credit for it.

I have not linked my debit card to coinbase, only my credit card, but I imagine the purchase limit they impose is the same for debit cards vs credit cards?
Also, is the debit card fee the same as their credit card fee?
I hate giving coinbase so much money in fees to use the credit cards and I can only buy $750 right now, which sucks.

If you don't mind me asking, how are you getting your fiat into crypto? Gemini or other?

Thanks

Yeah, let me know. You’re right the limit is the same. I get my coins from a Coinsource ATM in North beach, SF.

Hi, surprisingly, they credited the wire the same day. It probably took around 6 hrs from when it was made.
Now I am not sure what to do since everything keeps going down.
I was going to go on a buying spree last night, but I am glad I didn't.
Nothing but hold what I already have and try to buy at some point soon.
Good luck!


LOL isn’t it funny that they credit same day when the price is plummeting and three days when it’s skyrocketing. I guess they want you to get in there and buy to prop up the price.

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