1. 05-26-17 03:07 PM #1
    mullmarco
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    How fast is Coinbase?

    Hi guys! If I open an account and pick the instant verification, will I be able to buy bitcoins the same day with my bank account? or even after providing my bank's login and password will I have to wait a while? ..thanks in advance!
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  2. 05-26-17 03:28 PM #2
    SBR Ivy
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    Quote Originally Posted by mullmarco View Post
    Hi guys! If I open an account and pick the instant verification, will I be able to buy bitcoins the same day with my bank account? or even after providing my bank's login and password will I have to wait a while? ..thanks in advance!
    Hi mullmarco, yes but the bitcoins will not hit your Coinbase account for 5 working days.
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  3. 05-26-17 03:43 PM #3
    mullmarco
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    Wow! not very instant at all!! lol .... ok, i guess I will wait 5 days.

    Thanks so much for your help!
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  4. 05-26-17 03:51 PM #4
    DwightShrute
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    Quote Originally Posted by SBR Ivy View Post
    Hi mullmarco, yes but the bitcoins will not hit your Coinbase account for 5 working days.
    I noticed that coinbase has a credit card option that says it can make it immediate until the bank account gets approved? Is that true? In other words, if I open a coinbase account right noe, add my bank account info and wait for the verification for 5 days, will having the credit card allow me to deposit today? I assume yes because why else would they have that option? Can you clarify?
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  5. 05-26-17 04:33 PM #5
    SBR Ivy
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    Quote Originally Posted by DwightShrute View Post
    I noticed that coinbase has a credit card option that says it can make it immediate until the bank account gets approved? Is that true? In other words, if I open a coinbase account right noe, add my bank account info and wait for the verification for 5 days, will having the credit card allow me to deposit today? I assume yes because why else would they have that option? Can you clarify?
    Yes, card purchases reflect instantly, but are accompanied by larger fees and lower transaction limits.
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  6. 05-26-17 04:37 PM #6
    SBR Ivy
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    Quote Originally Posted by mullmarco View Post
    Wow! not very instant at all!! lol .... ok, i guess I will wait 5 days.

    Thanks so much for your help!
    Anytime sir.
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  7. 07-09-17 08:08 PM #7
    DwightShrute
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    Quote Originally Posted by SBR Ivy View Post
    Yes, card purchases reflect instantly, but are accompanied by larger fees and lower transaction limits.
    ya but until the 5 day waiting period is over, you can get something going in a few minutes if you have a debit card linked to your bank account.
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  8. 07-12-17 07:39 PM #8
    jose21_us
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    You lock in the price when you buy though but have to wait the 5 days...
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