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Author Topic: Coinbase? Someone made a profit?  (Read 421 times)
Skieleton (OP)
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June 04, 2020, 05:20:14 PM
 #1

Have you used coinbase? Can you make money here or is it a waste of time? Is the site secure?
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June 04, 2020, 06:06:01 PM
 #2

Have you used coinbase? Can you make money here or is it a waste of time? Is the site secure?
What do you mean? You mean trading on Coinbase Pro or you mean Coinbase Earn program? About the Coinbase Earn program, it is pretty difficult to get approved and earn some free cryptocurrencies for learning about them. But yes, if you get approved, you can earn up to 100USD in diffrent altcoins.

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June 04, 2020, 06:28:40 PM
 #3

It's worth joining in my opinion, especially Coinbase Pro for better trading and better rates overall. It's decent, but it doesn't always hold up when things get volatile, there can be downtime which is annoying and can mean a loss of money, so I wouldn't hold my entire portfolio there.
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June 04, 2020, 06:44:54 PM
 #4

Coinbase is a legit exchange and they have their own trading platform as said, the Pro. The website is secure so you don't have to worry regards to security threats but you don't keep your funds there.
You can use them as it is but don't use them as a cold storage because exchanges are not ideal for that use.

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June 04, 2020, 06:54:01 PM
 #5



The comments about it is that whenever bitcoin rise up, its website shutdown for a while and goes back up again when everybody except you had already dumped. Thats what they saying with coinbase today. I'm not really a coinbase user, I'm not from US but this is just what I have read about coinbase.

If there is someone that makes profit whenever there is a downtime, its coinbase.

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June 04, 2020, 07:09:38 PM
 #6

No I haven't used coinbase to trade although I have an account on there. As regards making profits, that's a different thing entirely, I have but it boils down to your ability to do personal Due Diligence on any project you want to invest in but long term, it's likely most top alts will make you profits.

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June 04, 2020, 07:31:49 PM
 #7

yes of course I make money here, it's just that for now the income I earn here isn't much, so I don't think there's a word to waste time as long as we don't promote bad projects. related to coinbase, I personally have never used it. maybe another time.

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June 04, 2020, 07:43:23 PM
 #8

Have you used coinbase? Can you make money here or is it a waste of time? Is the site secure?

Though I can't understand your statement clearly but will reply: Coinbase is a digital exchange where you can trade cryptocurrency for fiats or fiats to cryptocurrency, for those who know how to trade their coins will make their profits from the said cryptocurrency exchange but some will still loose their funds too. If you can trade, then you're good to go for profit on coinbase. On this forum you can't make profit  Grin but the advantage of this forum to coinbase can't be overemphasize. Coinbase is well secure and good for traders.
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June 04, 2020, 08:59:26 PM
 #9

Coinbase isn't just a place to trade but they also have a feature to teach newbies. And while learning, you'll get some incentive tokens/coins that has an according value base to the set rewards in dollar.

https://www.coinbase.com/earn

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June 04, 2020, 09:54:25 PM
 #10

Have you used coinbase? Can you make money here or is it a waste of time? Is the site secure?

Starting from the basics, yes the coinbase site is secured and safe, but the fact remains that it is a centralized wallet, and a centralized exchange platform and you cannot safe your funds on there. A paper wallet remains the best.

Yes, i have used coinbase before, to buy bitcoin, but making money from coinbase trading is what i have not done as i prefer to trade elsewhere, where i can read the charts properly.
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June 04, 2020, 10:08:46 PM
 #11

Have you used coinbase?

Yes.

Can you make money here or is it a waste of time? Is the site secure?

Many traders have been using that exchanges, it's one of the most popular trading sites we currently have. But as far as security, we can't say how secure a site is, because there will be hackers that are going to attempt to attack any system that we have right now. You can read this article, Coinbase Sets Out How It Foiled a ‘Sophisticated’ Hacking Attack.

 
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June 05, 2020, 05:43:13 AM
 #12

Have you used coinbase?
Coinbase is a wallet. They also provide exchange service.

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Is the site secure?
I cant vouch for that because there is not end to taking precautions when it comes to money but if you want to keep full control of your coins you should use your desktop wallets where you are in charge of your private keys and not a third party.

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Can you make money here or is it a waste of time?
Who said you can make money there? The wallet is for storing coins and exchange is for trading the coins. Now if you are asking about making money from trading that is another topic. Also I have seen coinbase giving out some airdrops previously but dont go for those in long term, because they are shitcoin, dont hold them. Sell them as soon as you get any. But it has reduced now.

Just a word of caution: if you have been told by someone that they will make money for you and asking you to send money for any reason, its a scam.

 
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June 05, 2020, 09:33:34 AM
 #13

I have used Coinbase and its one of the most popular and trusted exchange. one of the ways of making profit in coinbase is to trading and they make airdrops also for their community when a new coin will be listed in their platform (I consider their airdrop as a profit also)
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June 05, 2020, 11:10:32 AM
 #14

Funny to see a Senior member ask about Coinbase, one of the oldest names in crypto exchange. Are they still giving out $10 like they used to I wonder for new accounts? Is that why you think you can "make a profit"? I would not know,,, not American and already stuck on places like Binance and Bittrex!

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June 05, 2020, 01:08:10 PM
 #15

Coinbase isn't just a place to trade but they also have a feature to teach newbies. And while learning, you'll get some incentive tokens/coins that has an according value base to the set rewards in dollar.

https://www.coinbase.com/earn
Have you try it?

I hope you have tried it, because it is not work at all. I've been waiting for at least seven months to wait for they notify me via email to earn their token through learning crypt event.

But I haven't got it, seem like it was just an old promotion from their team in order to many people come and use coinbase as their trading place or an investment place.
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June 06, 2020, 06:39:17 PM
 #16

Coinbase isn't just a place to trade but they also have a feature to teach newbies. And while learning, you'll get some incentive tokens/coins that has an according value base to the set rewards in dollar.

https://www.coinbase.com/earn
Have you try it?

I hope you have tried it, because it is not work at all. I've been waiting for at least seven months to wait for they notify me via email to earn their token through learning crypt event.

But I haven't got it, seem like it was just an old promotion from their team in order to many people come and use coinbase as their trading place or an investment place.
It doesn't work for some people, I'm not sure if they have a geographical location restriction so that's why for some it doesn't work. And if it's still appearing on their platform, it's still working. If the one that you have completed is no longer on the list, it's not available anymore.

If during that time when you have completed it and it's available, you should be credited for that. Have you contacted them again informing that they owe you after completing a course?

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June 13, 2020, 09:59:43 AM
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Coinbase isn't just a place to trade but they also have a feature to teach newbies. And while learning, you'll get some incentive tokens/coins that has an according value base to the set rewards in dollar.

https://www.coinbase.com/earn
Have you try it?

I hope you have tried it, because it is not work at all. I've been waiting for at least seven months to wait for they notify me via email to earn their token through learning crypt event.

But I haven't got it, seem like it was just an old promotion from their team in order to many people come and use coinbase as their trading place or an investment place.
It doesn't work for some people, I'm not sure if they have a geographical location restriction so that's why for some it doesn't work. And if it's still appearing on their platform, it's still working. If the one that you have completed is no longer on the list, it's not available anymore.

If during that time when you have completed it and it's available, you should be credited for that. Have you contacted them again informing that they owe you after completing a course?

if they have restriction why they dont inform us before they released a kind of programe like that ? or they only want people to work for free  .  or maybe they require a verified coinbase account that already passed kyc before you got qualified for payment  . thats what others are saying , i just heard it somewhere before  . to @op not sure if what he wants to know .  coinbase exchange or coinbase or coinbase airdrop   . obviously he arent interested on the wallet feature of coinbase because that isnt an earning oppurunity  .
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June 13, 2020, 06:23:13 PM
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if they have restriction why they dont inform us before they released a kind of programe like that ? or they only want people to work for free  .  or maybe they require a verified coinbase account that already passed kyc before you got qualified for payment  . thats what others are saying , i just heard it somewhere before  . to @op not sure if what he wants to know .  coinbase exchange or coinbase or coinbase airdrop   . obviously he arent interested on the wallet feature of coinbase because that isnt an earning oppurunity  .
They don't want free service, it's not actually a job but it's a task which means someone can do it for a short period of time and get an incentive from this program. I've re-read their term on this earn feature and it says that it's for everyone, so they should modify that.

So yeah, they should be specific with the geographical location. Because it's disappointing for those people that wants to try it but they are being stopped from doing so.

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June 14, 2020, 02:08:05 PM
 #19

Have you used coinbase? Can you make money here or is it a waste of time? Is the site secure?

coinbase is a centralized  exchange its safe base on the user's feedback. But the question is until when ? its vulnerable  to hacking so  I can't say its really safe for my own opinion.

Can you make money in coinbase?

Yes if you are traders you can earn money by buying and selling crypto currency in that exchange.

You can also earn by referring a friend and the task given above .

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June 14, 2020, 11:27:52 PM
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Have you used coinbase? Can you make money here or is it a waste of time? Is the site secure?

If you do talk into their platform https://pro.coinbase.com/ . Then for sure there were lots who do make profit and basing up the volume then theres no doubt with that..

Aside on being an exchange, there still lots of fellas who do make use of as an exchange wallet which isnt really a suggested thing to be done.

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