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Author Topic: Stay away from Coinbase  (Read 17007 times)
Stan-O
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December 30, 2013, 11:37:46 PM
 #301

i've never had a problem with coinbase either.  other than the 4-5 day wait to actually get my coins, they've been solid.  i'm a little too paranoid to verify, so will deal with the wait.
melish02
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December 31, 2013, 12:14:28 AM
 #302

coinbase has been a disaster for me.

instant verification took 1 month of BS glitches to accomplish. (no replies from "support" team)

after finally being verified for instant buy, every cancellation is now instantly canceled as "too high risk"!

WTF?

Now, the ability to purchase BTC the old 5 day wait way is gone.

I hope they use their new 25 million well....
vadoff
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December 31, 2013, 12:54:22 AM
 #303

Coinbase has probably been the smoothest for me thus far. Instant purchase is awesome.
skivrmt
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December 31, 2013, 03:55:11 AM
 #304

coinbase has been a disaster for me.

instant verification took 1 month of BS glitches to accomplish. (no replies from "support" team)

after finally being verified for instant buy, every cancellation is now instantly canceled as "too high risk"!

WTF?

Now, the ability to purchase BTC the old 5 day wait way is gone.

I hope they use their new 25 million well....

What does every cancellation is canceled? You're trying to cancel orders you've placed?

Everyone takes 30 days for instant buys above .1 BTC.
nahtnam
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December 31, 2013, 04:01:12 AM
 #305

coinbase has been a disaster for me.

instant verification took 1 month of BS glitches to accomplish. (no replies from "support" team)

after finally being verified for instant buy, every cancellation is now instantly canceled as "too high risk"!

WTF?

Now, the ability to purchase BTC the old 5 day wait way is gone.

I hope they use their new 25 million well....

What does every cancellation is canceled? You're trying to cancel orders you've placed?

Everyone takes 30 days for instant buys above .1 BTC.

No. Sometimes buys and sells get cancelled because them seem like a high risk.

vtrac
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January 02, 2014, 11:07:38 PM
 #306

All your stories are quite scary... But I have never had any problems with CoinBase, to be honest. In fact I'm Tier III already.

What are your limits at Tier III and how did you get it? I'm T2, but that seems to be all that is listed as available to verify on my account (10 BTC instant, 50 BTC/day).
skivrmt
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January 02, 2014, 11:54:07 PM
 #307

All your stories are quite scary... But I have never had any problems with CoinBase, to be honest. In fact I'm Tier III already.

What are your limits at Tier III and how did you get it? I'm T2, but that seems to be all that is listed as available to verify on my account (10 BTC instant, 50 BTC/day).

Pretty sure there isn't a Tier III.  What you have is the highest Coinbase will go.  10 instant, 50 / day.  Which once you get, being linked to bank account, is by far the best deal out there for Americans.  Not sure why people don't like this company.  Go through the process, its simple.
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