Bitcoin Forum
May 01, 2024, 06:02:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: CampBX+Dwolla just as slow as Coinbase  (Read 1381 times)
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
August 30, 2013, 08:03:53 PM
 #1

I like Coinbase but it takes so long to get your BTC.  I thought CampBX+Dwolla would be faster but now I find that I can't pull money from my bank account directly into CampBX via Dwolla.  I have to first deposit money from my bank account to Dwolla and then later pull those funds to CampBX from Dwolla.  I don't think CampBX+Dwolla is any faster than Coinbase and with Coinbase you lock in your price right away.  What is the advantage of CampBX over Coinbase?
1714543334
Hero Member
*
Offline Offline

Posts: 1714543334

View Profile Personal Message (Offline)

Ignore
1714543334
Reply with quote  #2

1714543334
Report to moderator
1714543334
Hero Member
*
Offline Offline

Posts: 1714543334

View Profile Personal Message (Offline)

Ignore
1714543334
Reply with quote  #2

1714543334
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
CurbsideProphet
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
August 30, 2013, 08:23:45 PM
 #2

I like Coinbase but it takes so long to get your BTC.  I thought CampBX+Dwolla would be faster but now I find that I can't pull money from my bank account directly into CampBX via Dwolla.  I have to first deposit money from my bank account to Dwolla and then later pull those funds to CampBX from Dwolla.  I don't think CampBX+Dwolla is any faster than Coinbase and with Coinbase you lock in your price right away.  What is the advantage of CampBX over Coinbase?

This is essentially how it was when Gox accepted Dwolla.  There's a wait on the funds to clear from your bank to Dwolla, then another wait for it to clear from Dwolla to Gox.  The only fast way is a wire but the fee is substantially higher.  The only real advantage of an exchange over something like Coinbase is to take advantage of volatility.  Bitcoin has been relatively stable recently but when it was making huge swings, you could put in a low ball buy and sometimes it would fill.  That wouldn't be possible with Coinbase (as they typically ran out of BTC during high volatility) or it could be happening while you're away from the computer.

1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
mccoyspace
Full Member
***
Offline Offline

Activity: 237
Merit: 101


View Profile WWW
August 30, 2013, 09:03:06 PM
 #3

The bank to dwolla link is always so much slower than you want it to be. For me it's often at the end of the 4th full business day after the request was made.

With CampBX the transfer from Dwolla to the exchange is basically instantaneous. (That's been my experience). And it's cheap.
joesmoe2012
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ching-Chang;Ding-Dong


View Profile WWW
August 30, 2013, 10:32:37 PM
 #4

Coinbase has instnat buying, if you didn't get approved for it right away, try shooting their support an email.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
italeffect
Sr. Member
****
Offline Offline

Activity: 255
Merit: 250



View Profile
August 31, 2013, 05:40:14 AM
 #5

If you fund your Camp BX account via Dwolla they will put a 30 day hold on Bitcoin withdrawals from your account.

Dash: Xdopotr3eAHpsSCMkUyU2YWP3WQWb5X3t8
joesmoe2012
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ching-Chang;Ding-Dong


View Profile WWW
August 31, 2013, 09:37:38 AM
 #6

If you fund your Camp BX account via Dwolla they will put a 30 day hold on Bitcoin withdrawals from your account.

Only the first time.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
redwraith
Full Member
***
Offline Offline

Activity: 188
Merit: 102



View Profile
August 31, 2013, 08:16:31 PM
 #7

What Joeschmoe said...

Get yourself verified with Coinbase and you will get bitcoins in seconds.
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
September 01, 2013, 07:26:27 AM
 #8

So you don't mean you lock in your price in seconds, but you actually get the BTC in seconds and Coinbase is willing to wait it out for your bank funds?  I will email them.
joesmoe2012
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ching-Chang;Ding-Dong


View Profile WWW
September 03, 2013, 10:56:27 AM
 #9

So you don't mean you lock in your price in seconds, but you actually get the BTC in seconds and Coinbase is willing to wait it out for your bank funds?  I will email them.

No need to email them. This is correct. YOu need to be a minimum of Level 2 verified though.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
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!