coinbase changes

[lonegambler23]

so now its going to cost me 20 bucks on fees to my usd wallet, then to my bank account for more fees?

[jjgold]

fees killing coins

It is ok for gambling once in a while but that is it

[Ebumdude]

so now its going to cost me 20 bucks on fees to my usd wallet, then to my bank account for more fees?

I hear you on the fees. Frustrating. I let my balance build so that $20 doesn’t seem so bad.

[Hman]

Ate we talking about changes with your current book?

[lonegambler23]

Ate we talking about changes with your current book?

no i just go from blockchain to coinbase. then when i go to cashout, i need to put my btc balance into usd wallet for 20 dollar fee then to my bank acct assuming thats another fee. thats terrible now

[shocka1212]

my coinbase pro too?

[lonegambler23]

no clue how to get this to my bank now.. sold to usd wallet.. wtf

[lonegambler23]

ok got it. good it was only one fee

[chico2663]

gdax and coinbase are same company. i always use gdax because fees are small

[Sam Odom]

Not jabbing at OP

But serious BTC users gave up on CB at least 2yrs ago

[bigtymer56]

no i just go from blockchain to coinbase. then when i go to cashout, i need to put my btc balance into usd wallet for 20 dollar fee then to my bank acct assuming thats another fee. thats terrible now

So...the $20 fee is when they sold your bitcoin?

[lonegambler23]

So...the $20 fee is when they sell your bitcoins?

from my btc wallet to usd wallet it was 20 bucks for 1370. then to bank account was no fee. so just one fee

[lonegambler23]

gdax and coinbase are same company. i always use gdax because fees are small

thanks for the info will have to try

[bigtymer56]

from my btc wallet to usd wallet it was 20 bucks for 1370. then to bank account was no fee. so just one fee

Oh ok, got it. That's the 1. whatever % fee they charge when you sell btc on Coinbase. Like chico said try to use coinbase pro(formerly gdax).

[LLXC]

Sell on coinbase pro to reduce the fee.

[JoeCool20]

Put it on the bitpay vi-sa card.

It's a one time $9.99 fee to buy/activate the card, then all BTC transfers to bitpay card are free.

[big joe 1212]

You guys need to start using Gemini. Only 1% to cash out and money is in the bank next morning

[Otters27]

Lone gamble. Try ether. Very low fees

[shocka1212]

You guys need to start using Gemini. Only 1% to cash out and money is in the bank next morning

pain in the ass with all the info they need for verification otherwise I would have

[fried cheese]

You guys need to start using Gemini. Only 1% to cash out and money is in the bank next morning

1% isnt cheap. gemini used to be .25%. last i checked on coinbase pro you can buy/sell for no fee on limit orders and .3% on market orders.

[UntilTheNDofTimE]

Why do you Crypto people need local currency? I thought crypto was the end all, and it's superior to local currency in every way imagineable. I don't understand why you'd ever convert your gambling money into fiat. It's such a head scratcher.

[themike78]

All those exchanges are garbage. Most of them wont even verify you. I tried Gemini basically gave every piece of fukin i.d that you could imagine and they said I am not allowed to use their service. Coinbase is the worst company ever. They rape you in fees and customer service is non existent. They will not reply to you. All anybody needs to cashout bitcoin is bitpay card. Money on card in seconds when you transfer with no fees. I even think they have an option where you can transfer the money from the card to a bank account if you are too lazy to withdraw cash and deposit. As far as buying bitcoin localbitcoins simple and square cash is quick. Square cash good too because they dont ask for your life history to verify. Just a simple i.d email.

[El Nino]

from my btc wallet to usd wallet it was 20 bucks for 1370. then to bank account was no fee. so just one fee

Why not go from btc wallet straight to bank account?

[Plaza23]

Why not go from btc wallet straight to bank account?

Most banks don’t accept bitcoins. When Robinhood starts to allow all trading of cryptos, I will be moving all my Coinbase holdings into Robinhood. Robinhood no fees for anything.

Robinhood does allow crypt trading in a few states but not all of them.

It’s a hassle on Coinbase but you should always transfer your crypts to the exchange (GDAX) and sell (convert) to USD there, rather than so it from the Coinbase acct.

[lonegambler23]

Why not go from btc wallet straight to bank account?

doesent let you anymore. thanks for the advice fellas gona look into those options

[fried cheese]

Most banks don’t accept bitcoins. When Robinhood starts to allow all trading of cryptos, I will be moving all my Coinbase holdings into Robinhood. Robinhood no fees for anything.

Robinhood does allow crypt trading in a few states but not all of them.

It’s a hassle on Coinbase but you should always transfer your crypts to the exchange (GDAX) and sell (convert) to USD there, rather than so it from the Coinbase acct.

robinhood isnt really that useful for bitcoin unless you just want to speculate on the price. i dont think you can transfer bitcoin in or out of robinhood. also robinhood still passes on the exchange fees that they use onto you but they dont take any fees for themselves.

[Optional]

Why not go from btc wallet straight to bank account?

Thats never been an option at Coinbase.

You have to sell it for US$ and withdraw that.

[wikkidinsane]

it did charge for fees to usd but it was free xfer to bank from usd wallet

[JoeCool20]

Every thing that is said or claimed about the "ease" of bit-coin just isn't true.


It takes days for the first buy from a bank account to be available, then after that you can go nuts at any time


of day or night, drunk or sober.


Or it cost an absurd percentage to get it bought instantly with C-card or another way.

The only reason the S-books "push" it or "pump" BTC so hard is to try and get you to go through the process of

linking it to your bank account so then people can buy and send BTC instantly and gamble their whole damn bank

account down to zero in 30 minutes if they are drunk or can't stop losing one night.

This BTC crap is only "pumped" because it is a way that they can get every dime you have in your bank account

in one losing session of gambling.

Maybe other people have more discipline than me, but I know I ain't linking my bank account to something that


makes it where I could lose every dime I have in the bank in 1 hour, or one damn night! No way!

[unde0087]

Not jabbing at OP

But serious BTC users gave up on CB at least 2yrs ago

OP is the guy who teases SBR pros about betpoints claiming he is rich and doesn't need betpoints (basically free money) then cries about a $20 fee. Can't make this shit up. It is called the price of doing business. If you don't want to pay it then don't fukin gamble offshore. Pretty simple if you ask me.

[kingdom]

All those exchanges are garbage. Most of them wont even verify you. I tried Gemini basically gave every piece of fukin i.d that you could imagine and they said I am not allowed to use their service. Coinbase is the worst company ever. They rape you in fees and customer service is non existent. They will not reply to you. All anybody needs to cashout bitcoin is bitpay card. Money on card in seconds when you transfer with no fees. I even think they have an option where you can transfer the money from the card to a bank account if you are too lazy to withdraw cash and deposit. As far as buying bitcoin localbitcoins simple and square cash is quick. Square cash good too because they dont ask for your life history to verify. Just a simple i.d email.

thanks. great clear cut info. i have to switch from c c deposits. card seems to be the way to go. are you able to buy btc with card as well?

[fried cheese]

Every thing that is said or claimed about the "ease" of bit-coin just isn't true.


It takes days for the first buy from a bank account to be available, then after that you can go nuts at any time


of day or night, drunk or sober.


Or it cost an absurd percentage to get it bought instantly with C-card or another way.

The only reason the S-books "push" it or "pump" BTC so hard is to try and get you to go through the process of

linking it to your bank account so then people can buy and send BTC instantly and gamble their whole damn bank

account down to zero in 30 minutes if they are drunk or can't stop losing one night.

This BTC crap is only "pumped" because it is a way that they can get every dime you have in your bank account

in one losing session of gambling.

Maybe other people have more discipline than me, but I know I ain't linking my bank account to something that


makes it where I could lose every dime I have in the bank in 1 hour, or one damn night! No way!

bank transfers take like 3-5 days. books want bitcoins because ppl cant freeroll them with crypto and they probably have lower transaction fees.

[JoeCool20]

bank transfers take like 3-5 days.

I'm not sure what you mean.


Yes, after you/they verify everything, the 1st BTC buy from your bank account takes days before you can use it.


But after that you can Buy BTC instantly and transfer it to a S-book at any time day or night. Drunk or sober.

All the way until your bank account is empty.



"It takes days for the first buy from a bank account to be available, then after that you can go nuts at any time


of day or night, drunk or sober."

[fried cheese]

I'm not sure what you mean.


Yes, the 1st bank transfer takes days.


After that you can Buy and transfer BTC instantly to a S-book at any time day or night. Drunk or sober.

All the way until your bank account is empty.



"It takes days for the first buy from a bank account to be available, then after that you can go nuts at any time


of day or night, drunk or sober."

it seems unlikely that the second bank transfer is instant to me. ive only every done the first one though.

[JoeCool20]

it seems unlikely that the second bank transfer is instant to me. ive only every done the first one though.

LOL Why would you "guess" that it was "unlikely" when you don't know?

Yes, the ACH process from a bank takes 3 days. So you normally have to wait 3 days for the ACH to clear,

before you would have "Access" to your BTC.

But if you have made enough transactions and bought enough BTC, (like $5,000 or more)

then they will make it where you can buy it instantly.