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/biz/ - Business & Finance

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11068658 No.11068658 [Reply] [Original]

As recent as 2 weeks ago I could buy crypto on Coinbase from my bank account and instantly transfer it to another exchange. Now it is an instant buy with a 7 day withdrawal wait. wtf happened? so annoying

>> No.11068668

>>11068658
Coinbase sucks. Find another fiat gateway

>> No.11068671

>>11068658
banks being jewish, bank transfers take time but debit card withdrawals are instant with a much higher fee

>> No.11068708

>>11068668
such as....?

>> No.11068711

>>11068668
it does.. it really does

>>11068671
>debit card transfers
i learned the hard way last year doing that shit. insane fees plus my bank charged me a "foreign ATM" fee on top of it.

what's weird about this now is that i had instant buy/instant withdrawal from the bank transfers that used to take 5 days, at least until i bought in this morning. now i have to wait til next thursday or some shit.

>> No.11068732

>>11068658
first symptom of a fractional reserve is restricting how much may be withdrawn and when.

>> No.11068755

>>11068658
and yeah dude I fucking know. At least your wait time wasn't goddamn 28 fucking days. TWENTY. EIGHT. DAYS. 28 FUCKING DAYS AGO ETH WAS WORTH SO MUCH GODDAMN MORE

>> No.11068792

>>11068732
this. exit scam incoming. they will have to list new coins to keep the game going.

>> No.11069018

>>11068658
They're preparing to list more shitcoins. They need that $ to stay there and not fire off to some other exchange, so they're scrambling to add some other popular ones so they can collect on the fees.