Coinbase changed the rules again? Nothing instant to withdraw from site?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • snider
    SBR Sharp
    • 03-25-17
    • 309

    #1
    Coinbase changed the rules again? Nothing instant to withdraw from site?
    Is that right? Message said instant. Then I see cannot move from site for 5 days. Tricky bastards
  • Optional
    Administrator
    • 06-10-10
    • 61150

    #2
    What do you mean?

    Did you buy some bitcoin with ACH transfer and now want to send it to a book?

    Or are you trying to withdraw to your bank?
    .
    Comment
    • mrpapageorgio
      SBR MVP
      • 09-07-17
      • 2974

      #3
      Their recent emails have wording that is a little misleading They recently updated their limits if you were fully verified you could make very large purchases (i.e. I can now buy up to $15k in crypto by cc in a week). However, they still won't let you instantly purchase crypto via bank ach and withdraw the crypto. What they will let you do is "instantly" withdraw your crypto assuming it was already cleared and not have to wait for the crypto to be sent out once you make the withdrawal request. You can also now "instantly" trade with the crypto once making the purchase, but you can't withdraw it out of your account until the transaction clears (which is still instant for cc, but still have to wait several days using ACH).
      Comment
      • snider
        SBR Sharp
        • 03-25-17
        • 309

        #4
        Right. Before we could buy and send to a wallet instantly. Now you cannot do that. So they’re useless and it all goes through Gemini . They’re tricky though because it still says instant. Also sometimes after they aced the debit cards you had to watch for the word instant to show up if you wanted to transfer to a wallet the same day. Just tired of their changes and being unaware til I try to transfer out.
        Comment
        • themike78
          SBR MVP
          • 07-01-13
          • 4873

          #5
          What's the point of even buying bitcoin if it's not instant? I don't know why people even use these places to buy.
          Comment
          • Microphone
            SBR MVP
            • 01-08-08
            • 2950

            #6
            It's instant when I use my debit card tied to my checking account. They made that change a while ago.
            Comment
            • snider
              SBR Sharp
              • 03-25-17
              • 309

              #7
              Originally posted by Microphone
              It's instant when I use my debit card tied to my checking account. They made that change a while ago.
              hmm they untied my debit card but made instant purchases still happen with just the bank account til now. Maybe it's just the bank. BkofAma. I'll try another bank and debit card.
              Comment
              • mrpapageorgio
                SBR MVP
                • 09-07-17
                • 2974

                #8
                Originally posted by Microphone
                It's instant when I use my debit card tied to my checking account. They made that change a while ago.
                Using a card is instant, but the drawback is you're paying a higher fee to Coinbase to use your card, plus whatever fees the card network may charge for an international transaction.
                Comment
                • Microphone
                  SBR MVP
                  • 01-08-08
                  • 2950

                  #9
                  Originally posted by snider
                  hmm they untied my debit card but made instant purchases still happen with just the bank account til now. Maybe it's just the bank. BkofAma. I'll try another bank and debit card.
                  Mine is BkofAma as well and it works.
                  Comment
                  • snider
                    SBR Sharp
                    • 03-25-17
                    • 309

                    #10
                    Originally posted by Microphone
                    Mine is BkofAma as well and it works.
                    hmmm...so i tried to relink my debit and it worked. I dont get it. They took it off and i tried to re link before and it said to check with my institution. Now it accepted. ....anyway thanks. I'd of never tried again if you hadnt replied.
                    Comment
                    • cornmeal
                      SBR High Roller
                      • 05-15-17
                      • 220

                      #11
                      I am able to do instant ACH with Wells from checking and transfer out, Wells will decline every debit card attempt thou for me....
                      Comment
                      • ThaWoj
                        SBR Hall of Famer
                        • 03-09-10
                        • 6754

                        #12
                        This fukked me too. Luckily I only did $50 as a sample. I got the same increased limits and instant transfers message. I thought to myself alright, I can finally do instant ach like I used to have a few years ago. Save on some cc fees too. And then I find I was duped as it still said instant on the preview purchase page, but I couldn't send them to my blkchn wallet. So I had to do another transaction with my cc to be able to get my btc sent to nitrogen so I could bet the games going off.
                        Comment
                        • cornmeal
                          SBR High Roller
                          • 05-15-17
                          • 220

                          #13
                          That actually happened to me couple weeks back too Woj said instant then "boom" a week hold , they had me delete checking account and re-add it, said they where using new system or company..........
                          Since then no issues, but only account I can do instant ACH is Wells
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61150

                            #14
                            Originally posted by cornmeal
                            That actually happened to me couple weeks back too Woj said instant then "boom" a week hold , they had me delete checking account and re-add it, said they where using new system or company..........
                            Since then no issues, but only account I can do instant ACH is Wells
                            Thanks Cornmeal. Useful info
                            .
                            Comment
                            • ThaWoj
                              SBR Hall of Famer
                              • 03-09-10
                              • 6754

                              #15
                              Originally posted by cornmeal
                              That actually happened to me couple weeks back too Woj said instant then "boom" a week hold , they had me delete checking account and re-add it, said they where using new system or company..........
                              Since then no issues, but only account I can do instant ACH is Wells
                              Thanks I will have to try that
                              Comment
                              • Bluehorseshoe
                                SBR Posting Legend
                                • 07-13-06
                                • 14989

                                #16
                                Originally posted by cornmeal
                                That actually happened to me couple weeks back too Woj said instant then "boom" a week hold , they had me delete checking account and re-add it, said they where using new system or company..........
                                Since then no issues, but only account I can do instant ACH is Wells
                                So you could move it to another wallet immediately after this?
                                Comment
                                SBR Contests
                                Collapse
                                Top-Rated US Sportsbooks
                                Collapse
                                Working...