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That's not what sanswork was saying. sanswork was saying that the buy price is higher than the sell price, so coinbase makes money off the price difference. I
by Buge 12y ago
That's not what sanswork was saying. sanswork was saying that the buy price is higher than the sell price, so coinbase makes money off the price difference.
I don't think they intentionally cancel transactions as a way to make profit. You can see reports of them cancelling transactions when the price goes down as well but still refunding the full previous amount.
I also have an instant account so I can immediately get my funds with no chance of cancelling.
- kissickas 12y agoThanks for the clarification. That's what I get for starting a comment with the equivalent of "This." As to the accusation you can see is thrown around all over the place, that is possible, but my interest-free loan to them of several thousand dollars left a sour taste in my mouth regardless and it wouldn't be hard for them to make some money off of the capital, in BTC or not.