Coinbase buying bitcoin help

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  • element113xx
    SBR Sharp
    • 12-31-17
    • 463

    #1
    Coinbase buying bitcoin help
    Hey guys I was thinking about depositing with my cc through coinbase, my limit was $300. I used it all the other day, but some how it'll let me do another $100..thought i had to wait a week?

    The other option is depositing through my bank...how long does that take?
  • element113xx
    SBR Sharp
    • 12-31-17
    • 463

    #2
    I used most of my cc limit for Coinbase will it be the same limit on gdax? Or will gdax allow me to send more than what Coinbase shows?
    Also are there any other user friendly exchanges that i can setup today?
    Comment
    • element113xx
      SBR Sharp
      • 12-31-17
      • 463

      #3
      Hi guys. I tried signing up with gdax and it doesn't look like they allow deposit through credit card, if i created a gdax account will this mess up my coinbase account since there similar?
      Comment
      • mrpapageorgio
        SBR MVP
        • 09-07-17
        • 2974

        #4
        When you max out your credit card limit for the week, it doesn't just reset to the full $300 after a week, it incrementally gives you back more and more purchasing power each day until you're back to $300 for the week.

        GDAX you can use your Coinbase login info to access it, but you can't use your credit card on GDAX, they're cash only. Depositing money takes 3-4 days usually to clear. If you purchase crypto using your bank account at Coinbase, it takes a week before you can withdraw, but you're locked into the price when you bought it, so if it goes up, you made money
        Comment
        • element113xx
          SBR Sharp
          • 12-31-17
          • 463

          #5
          Thank u sooo much for your help. If I use Coinbase but also signed up with Gdax it doesn't effect my Coinbase account right?
          Comment
          • mrpapageorgio
            SBR MVP
            • 09-07-17
            • 2974

            #6
            No it doesn't
            Comment
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