It is a surprise if you expect Coinbase to operate like traditional trading platforms/banks. Those tend to have lots of KYC friction to make deposits, little fr

It is a surprise if you expect Coinbase to operate like traditional trading platforms/banks. Those tend to have lots of KYC friction to make deposits, little friction to make withdrawals. I continue to be surprised that Coinbase doesn't allow instantaneous execution, if they really do have buyers/liquidity, and then allow the USD to sit in a cash account and trickle out slowly if necessary. I was similarly surprised that I'd have to set up a GDAX account just to place a limit order. Making what is essentially a forex exchange with market orders alone is fraught with uncertainty.