On: Coinbase Wants to Be Too Big to Fail

[mythrwy]

My main complain with coinbase is long holds (like 2 weeks) on cryptocurrency after they have taken the money from a bank account. That just seems shady. Although to be fair they do credit the account with the coin at time of purchase so it goes up and down with market. You just can't move it out.

Really like Square Cash App for purchasing BTC. Have it nearly instantly, easy to move.

[mastermojo → mythrwy]

The only reason this exists is to prevent people with stolen bank credentials from purchasing a bunch of bitcoins and then running off with them.

[andreygrehov → mythrwy]

You should deposit money first and then buy with a fraction of a microsecond through Coinbase Pro.