Coinbase

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  • RocketMan$$$
    SBR High Roller
    • 09-11-17
    • 214

    #1
    Coinbase
    Are their deposits from your bank account instant now or do you have to wait?
  • mrpapageorgio
    SBR MVP
    • 09-07-17
    • 2974

    #2
    Originally posted by RocketMan$$$
    Are their deposits from your bank account instant now or do you have to wait?
    If you directly purchase bitcoin using your bank account (1.5% fee option), they will notify you when your account is eligible for instant purchases. I emailed them yesterday if this includes cash deposits into the USD wallet (which would be nice so you can do free limit orders through GDAX). Last time I emailed them, it took 8 days for a response, so I'll update when I get a response
    Comment
    • big joe 1212
      SBR Posting Legend
      • 06-01-08
      • 19380

      #3
      No instant deposits from bank transfer anymore

      Only instant deposits from cards with heavy fees
      Comment
      • RocketMan$$$
        SBR High Roller
        • 09-11-17
        • 214

        #4
        what are the fees for debit card?
        Comment
        • big joe 1212
          SBR Posting Legend
          • 06-01-08
          • 19380

          #5
          Originally posted by RocketMan$$$
          what are the fees for debit card?
          Coinbase charges 3.84% and then your bank will slap you with a 3% international transaction fee since Coinbase uses U.K. Processor
          Comment
          • RocketMan$$$
            SBR High Roller
            • 09-11-17
            • 214

            #6
            atleast they are instant?
            Comment
            • mrpapageorgio
              SBR MVP
              • 09-07-17
              • 2974

              #7
              Originally posted by RocketMan$$$
              atleast they are instant?
              Yes, the foreign transaction fee varies depending on your card issuer. Some banks don't charge a fee if you have a high end card, some charge anywhere from 1% up to 3%.
              Comment
              • Microphone
                SBR MVP
                • 01-08-08
                • 2950

                #8
                Mine were instant until my account mysteriously went under review last week. Don't know what triggered it.
                Comment
                • KS1986
                  SBR Wise Guy
                  • 05-20-17
                  • 558

                  #9
                  Did they reopen your account?
                  Originally posted by Microphone
                  Mine were instant until my account mysteriously went under review last week. Don't know what triggered it.
                  Comment
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