Is coinbase a legit site to buy bitcoin.

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  • juvunits
    SBR Sharp
    • 10-17-16
    • 380

    #1
    Is coinbase a legit site to buy bitcoin.
    It coinbase a legit site to buy bitcoin? Can anyone recommend a good site?
  • Optional
    Administrator
    • 06-10-10
    • 61702

    #2
    Yes they are legit. Legally licensed in the USA.

    If you wish to use a crdt card to purchase Coinbase is the best choice. But if using ACH bank account transfers to/from a US bank account then Gemini.com is probably a better choice. Same service type, but cheaper fees and better customer service.
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    • ace7550
      SBR MVP
      • 05-08-15
      • 3729

      #3
      My answer would be "kinda" they aren't going to steal your money (directly) but if you have any problems you can't call them and they will take a month to respond to an email. I would use Itbit or Kraken.
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61702

        #4
        ItBit another good alternative.

        Juvunits very careful and asking a lot of questions, probably best to avoid the more complicated trading exchange like Kraken to get started.
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        • Enkhbat
          SBR MVP
          • 04-18-11
          • 3145

          #5
          What site would you guys recommend for international users?
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          • Optional
            Administrator
            • 06-10-10
            • 61702

            #6
            Originally posted by Enkhbat
            What site would you guys recommend for international users?
            One that can transfer to your bank in your local currency to avoid additional currency exchange fees.

            Search for 'bitcoin exchange country', find a couple then ask about the specific names I think is best way to get info.
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            • juvunits
              SBR Sharp
              • 10-17-16
              • 380

              #7
              Can coinbase be used if you are from Canada? I swear this is the last question Optional hahah
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              • Optional
                Administrator
                • 06-10-10
                • 61702

                #8
                Originally posted by juvunits
                Can coinbase be used if you are from Canada? I swear this is the last question Optional hahah
                I believe Coinbase does not support local bank transfers for Canada any more. So has become a bit expensive. I would listen to the locals who say Quadriga is the best.
                .
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                • juvunits
                  SBR Sharp
                  • 10-17-16
                  • 380

                  #9
                  Originally posted by Optional
                  I believe Coinbase does not support local bank transfers for Canada any more. So has become a bit expensive. I would listen to the locals who say Quadriga is the best.
                  Thanks for the help
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