Bitcoin Forum
June 25, 2022, 04:22:41 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: btc on coinbase  (Read 794 times)
flexgroo
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
December 07, 2013, 06:20:48 AM
 #1

is coin base safe to link bank account? its giving me to options one is the small deposit and withdrawl to verify takes 2 to 3 days, and one takes minutes, they want bank log in info, and it takes just minutes to verify, that seems scary, but would like to but some btc while they are at 700

also are the wallets coinbase have just like blockchains? most safe?

one more thing, is there any way to buy btc right now, using paypal? or cc?, and if there are better places to buy btc or ltc please let me know

thanks
icon
Automate your trading like a pro. Lightning fast execution.
Start trading
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1656174161
Hero Member
*
Offline Offline

Posts: 1656174161

View Profile Personal Message (Offline)

Ignore
1656174161
Reply with quote  #2

1656174161
Report to moderator
1656174161
Hero Member
*
Offline Offline

Posts: 1656174161

View Profile Personal Message (Offline)

Ignore
1656174161
Reply with quote  #2

1656174161
Report to moderator
invisiblehand
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
December 07, 2013, 06:23:46 AM
 #2

Coinbase is legitimate; however you may want to consider changing your bank account password after linking

Wallet--no it's not, blockchain allows you to download your wallet and they don't store the password.  Coinbase keeps your wallet and you are trusting them with it.  I don't keep much balance on coinbase (in case the site vanishes or gets shut down by feds).

You should be able to obtain BTC immediately using BitInstant and Moneygram, I have done this in the past but it takes some effort and fees are high.

I like coinbase, I find it user friendly and it's based in the USA.
BitcoinWalker
Full Member
***
Offline Offline

Activity: 123
Merit: 100

Keep Walking Around the BTC World


View Profile WWW
December 07, 2013, 09:16:19 AM
 #3

If you want to be on the safe side, use a separate checking account for Coinbase withdrawals/deposits. Also, CB is a good wallet but cold/offline storage is always recommended for storing any large amounts of BTC.

flexgroo
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
December 07, 2013, 01:44:16 PM
 #4

Total Received   0.00016 BTC   hehehe my first btc today, yeah i know i am new, just be reading forums for a week, and learning, these are from some survey i did that took an hour

i tried to get coinbase to link my bank today, but the said the credit union dosnt support instant access or something so i have to wait 3 days for a micro deposit or something.... tobad btc will be back up to 1000 by then, getting it at 590 today would have been nice


also seems people like to buy litecoins, now sure how to do those, yet
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 522



View Profile
December 07, 2013, 02:05:17 PM
 #5

and one takes minutes, they want bank log in info, and it takes just minutes to verify,

You've got to make your own choices, but there are several threads here on coinbase --particularly, bad ones. Check the scam accusations thread, check my own list of scams, etc. Not only is it a poor avenue for exchanging in the first place, but handing over your login credentials to a third party is insane. I realize a growing number of services are "innovating to the next level" with the sort of bullshit, but that doesn't make it any less insane, just more common.

Learn to WoT, and don't get stuck in these binds where you'll have to do the wrong thing to get what you want. It'll make life much more enjoyable, and you won't potentially be supporting the asshats of the world in continuing on with their asshattery.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
justmyname
Sr. Member
****
Offline Offline

Activity: 389
Merit: 250


View Profile
December 07, 2013, 10:01:46 PM
 #6

Coinbase is the only BTC company I have tried that hasn't screwed me so far.  Their are always a few that will have problems. Most of the time it is their own fault. Eventually all the issues are straightened out to my knowledge.

If the BTC price is soaring upwards Coinbase is known to cancel orders though.     
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!