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2139872 No.2139872 [Reply] [Original]

Is coinbase reputable? I'm seeing a lot of complaints of them, yet again I see that a lot of people use it here.

>> No.2139913

>>2139872
Yeah they're enormous. People bitch because there are a lot of restrictions coinbase puts in so they remain complaint with government laws and regulations.

If you want to get an account with them you really need to do it months before you plan to really trade.

>> No.2139914

>>2139872
been working fine for me, seems to be the easiest way to start getting bitcoin

>> No.2139994

>>2139913
Months is an exaggeration but yeah I set up all my accounts and verifications like three weeks before starting trading

>> No.2140008

>>2139994
three to six weeks is about how long it took for me to get most of the non-internal bullshit with coinbase lined out.

they still charge way the fuck too much in fees and will stealth hike their rates on you, but w/e i guess. gotta get jewed somewhere down the line on my way out the revolving USDoor

>> No.2140011

It's not that they're scammy or anything (at least not in my experience) its just that they are slow when it comes to issuing coins after payment has been received. Then again I've only ever done bank transfers and I hear credit/debit cards are faster (but with a higher fee). But that's just my 2 cents.

>> No.2140030

>>2139994
You can get trading in a few weeks, but your limits will be really low. Getting your limits to $10k+ takes time.

>> No.2140045

>>2139872

TL;DR

Yes, they are shitty, but yes, I successfully bought some coins there 3 times

>> No.2140046

What is a better alternative to coinbase?

>> No.2140063

i signed up with gemini. im beginning.

did i fuck up already?

>> No.2140164
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2140164

>>2139914
>this
its way easier to use now anyways. These plebs never used it in the pre-credit card days

>> No.2140179

>>2139913
lol I had one years before they were useful to me. Teenage me was stupid but he did some alright things.