Greetings all. Does anyone use Coinbase for their wallet/trading? If so, are you happy with them?
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Coinbase
Greetings all. Does anyone use Coinbase for their wallet/trading? If so, are you happy with them?
They are expensive, but I have been using them to buy bitcoins from FIAT using the credit card for 2 years now, then I send the coins to other exchanges to trade.
Their rates are expensive and commisions too, but I don’t want to give my ID to more exchanges.
Also this is spam if you use this link I get referals money (10 dollars if you buy 100 in bitcoins or ether or litecoin). https://www.coinbase.com/join/5678224c5f7b0d766d0002e6
I use Coinbase to purchase with fiat, but not as a wallet. It’s generally not a good idea to leave much on any exchange. Download it to a local wallet and/or cold storage. I haven’t yet yet made an exchange between different cryptocoins, but if I do, I’ll probably use ShapeShift. Some wallets have ShapeShift built-in, like Jaxx.
Yeh Mt.Gox and Cryptsy are the perfect example for why you should never trust them as a wallet. Trading may be ok, but just remember not to put in any of your personal details, or make up fake details, as when the site gets hacked for the coins, and it will, they’ll also take all the personal info and that could be where the real trouble starts.
I have always used Coinbase for purchasing from fiat currency. I’m considering switching to gemini.com and kraken.com for purchasing. Always store your coin in a personal wallet with private keys you control.
