Can someone explain to me why people use Coinbase?
From what I see the fees are 1.49% (one point forty nine percent).
And they don't even pay the mining fees for Buttcoin.
Please someone help me understand, because it just doesn't make any sense.
Can someone explain to me why people use Coinbase?
Julian Jenkins
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Benjamin Perry
It's easy to use
Nolan Taylor
it is babby's first coin trading platform.
Adam Morris
The fact that you can make big purchases instantly with your bank account and lock in the price. I could buy 10k usd worth of btc, bch, ETH or ltc right now instantly. I won’t be able to move or sell it for about 8 days but the price is locked in. Can make the fee worth it. If you’re using it to buy and sell willy nilly you’re a retard but it has its uses as a tool in your kit.
Benjamin Sanders
Buy or sell BTC for fiat with localbitcoins.
The premium you pay is closer to 10% there.
Ayden Rodriguez
bdax bays the bees so u bont have to
Andrew Cook
Where else can I buy ETH with fiat? everything else either takes weeks, it's more expensive, it doesn't accept UK, it has upper limits of pennies, etc
Aaron Torres
Where are eurofags like me suposed to buy then?
Mason Robinson
Gemini. Took me 4 days to verified. Wire transfer following verification cleared in 1 hour and eth was immediately ready to trade
Chase Richardson
That's funny, because the site is confusing as fuck. The fee info is scattered all over the place, on other sites it's on a single page in a table.
>The fact that you can make big purchases instantly with your bank account and lock in the price.
I see. That's an American thing, though, right?
Unless you mean credit card, but then the fee is 4%.
Bitstamp? Not sure if UK has SEPA payments or if that's just for Eurozone...
Luis Sanders
...
Adam Campbell
bittiraha.fi
Bentley Gomez
>I won’t be able to move or sell it for about 8 days
I missed that part. What do you mean, why 8 days??
Colton Lopez
Been waiting for gemini for a week...
Adam Flores
Leo Collins
Easy to use, only sells working products, doesn't sell flash in the pan scamcoins.
Dylan Wright
You can cash out
Jace Foster
whats the best alernative for amerimutts
Oliver Parker
the iphone app is incredibly user friendly
tech savvy people don't understand how difficult it is for the average person to transfer LTC or ETH out of coinbase into a foreign exchange like Binance
Leo Turner
Does coinbase require proof of residence to cash out? I was looking at another exchange that wants that to sell but I'm actually living in a van and just use a mail box from a copy shop. I've only been putting a small amount into coinbase to take to binance and buy shit coins with.
Elijah Kelly
You can cash out elsewhere cheaper, at least in EUR.
Dunno how US withdrawals work, but at at a glance Kraken is cheaper ($5) and Bitstamp probably too.
Wyatt Mitchell
This -- Gemini is the patrician American's fiat exchange, which explains why it gets overlooked most of the time
Andrew Howard
They just require an ID and a "selfie" to make sure your picture matches the one on the ID. That's it. You can then link any bank account to direct deposit your sales.
Josiah Harris
> but I'm actually living in a van