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A number of friends of mine in the US only want to deal with Coinbase. It is probably a combination of having already set up there and not wanting to submit ID

A number of friends of mine in the US only want to deal with Coinbase. It is probably a combination of having already set up there and not wanting to submit ID to other exchanges, and having trust issues with other ones.

Jagat 9y ago
Also, bitstamp verification time is now 2 weeks, and bittrex has completely paused any new signups.
cptskippy 9y ago
In the US, if you link a bank account to Coinbase then you don't even have to submit an ID. So the barrier to entry is significantly lowered compared to other exchanges.