3 ms·
There are tradeoffs you have to accept. Coinbase used to be great- super user friendly and reliable, and most importantly, FAST. Buying anything from Coinbase n
by arthurcolle 9y ago
There are tradeoffs you have to accept. Coinbase used to be great- super user friendly and reliable, and most importantly, FAST. Buying anything from Coinbase now is a joke, and they have repeatedly committed fundamentally unacceptable actions for a company dealing with money and related analogues like, after a transaction was supposed to settle, push out the date that you'll receive your assets.
Unfortunately they are the best when it comes to quickly cashing out, and in terms of buying I have no other alternative that I've used thats reliable. Depending on the asset you might have some luck with Cex.io or others.
Here's a link I found with a quick Google search that might be of value to you: https://99bitcoins.com/buy-bitcoins-debit-card/ https://99bitcoins.com/buy-bitcoins-debit-card/
Don't ever hold your assets on an exchange for any length of time after acquiring them, counterparty credit risk is no joke.
- fbdjskajxb 9y agoYou’d think they would make it easier to buy, the price would end up higher that way and they’d get more fees. My only thought is maybe they slow down buys to get themselves a look-back period where they can decide to cancel transactions that don’t go their way before filling the order. That would maximize the average revenue per transaction a lot during periods of significant volatility. It would skew profitability upward, at the cost of user experience and goodwill. Seems like more of a short-term strategy by a company that is trying the milk the crypto craze as much as possible and willing to burn market share in the long run as the fad dies down. Then again, could just be unicorn growth pains.