I bought some litecoin for a transaction that I need to make somewhat quickly, and was dismayed to find it would only let me spend around $50.
Fortunately, I had another $50 in my USD wallet, and Coinbase said that money would be available instantly. I could make a portion of the purchase now, and the rest later, with some additional cost and inconvenience.
What they did not say was that they would make a commensurate amount of previously purchased litecoin unavailable, and so my spending limit did not increase.
I presume that had I spent the litecoin available to me first and then bought more with my USD wallet, then I would have been able to withdraw litecoin twice. However, because I added more first, it appears coinbase took the opportunity to shrink my limit.
Now I don't have enough to make even a partial purchase. I withdrew what I could, and I'm wondering if there is any way to get a bit more in there. (CB won't let me put the money back in my bank account either. I'd hate to be poor and dealing with this company for any significant amount of money.)
There's a bitcoin ATM that appears to be run by CB in my neighborhood, but I don't want to use it, because I assume that even if I put cash in there. they are just going to hold it for two weeks, ostensibly to prevent fraud.
I'm considering buying more litecoin, to see if they'll make another portion available to me, but, for all I know, this time they won't.. It's not clear from their
docs, so I assume they won't, if past performance is any indicator.
I was hoping that someone with some experience with these matters may have an idea.
Thanks in advance.
