[X] My Assistant

Waiting for Coinbase to reactivate BCH feels like an eternity (IMG:[invalid] style_emoticons/default/anime_cry.gif)

BTC fees are getting out of hand, it's ridicules.
[bitinfocharts.com] https://bitinfocharts.com/comparison/bitcoi...ionfees.html#3m

Lol the market had a crash because one site excluded Korean exchange data and people started panic selling?

Investment noobs are amazing, so much bandwagon speculation. Do they think this is the 90s?

Hello, I donated too much Bitcoin Cash by mistake because I used a different currency converter rate than the one displayed on the site. Is it possible for them to be refunded?

Lolno.

So my bank apparently charged me $1.50 fee for purchasing BTC on Coinbase. Supposedly it's because it's an international charge. I also had to use my debit card with them as my instant purchasing power for my bank account is gone. I'm not completely sure why; couldn't get a straight answer from customer service. Perhaps they made some changes to their policy that I wasn't grandfathered into, I don't know. I don't really care. The difference in debit card vs bank fees was about $3, and considering I got an credited for donating more money than I actually paid to Coinbase, I'm not complaining in the slightest.

Although I would recommend buying BTC in bulk (as in upwards of $100). It softens the blow of any unexpected fees big time.

Just fyi, most major credit card carries/banks/whatevers have ceased allowing any bitcoin/crypto currency purchases across the board...

[www.creditcards.com] https://www.creditcards.com/credit-card-new...r-purchases.php

Just fyi, most major credit card carries/banks/whatevers have ceased allowing any bitcoin/crypto currency purchases across the board...

[www.creditcards.com] https://www.creditcards.com/credit-card-new...r-purchases.php

Unless you pay laundering fees. Such expense, much waste.

I got an updated credit card (since the old one was expiring) & when I went to Coinbase to update the expiration date, I found out that they now bar adding/updating ANY credit card across the board. You can only have debit cards and bank accounts. Which means no more instant buys for coins right now.

Supposedly they're slowly rolling out a new method to make instant buys, but I haven't seen it on my account yet; it says it'll take a week for money to get from my bank account to Coinbase at the moment.

I got an updated credit card (since the old one was expiring) & when I went to Coinbase to update the expiration date, I found out that they now bar adding/updating ANY credit card across the board. You can only have debit cards and bank accounts. Which means no more instant buys for coins right now.

Supposedly they're slowly rolling out a new method to make instant buys, but I haven't seen it on my account yet; it says it'll take a week for money to get from my bank account to Coinbase at the moment.

Actually, debit cards still allow instant buys, and as for bank accounts...well, I had instant buys for that for quite some time with Coinbase. They must've done some restructuring of their site and/or policy because there's zero mention of being able to buy instantly with a bank account anywhere on their site now, save for some blog/article where they say they're trying it out on certain accounts as if it's something new.

But yeah, I tried removing and readding a "backup" credit card, and that's when I found out that they no longer support credit due to customers facing fees. I feel the same thing might happen to debit cards as well since I had a fee tacked on by my bank, and my bank is pretty reasonable with fees and such. I can only imagine what a place like Chase might do if you have them as your bank.

Actually, debit cards still allow instant buys, and as for bank accounts...well, I had instant buys for that for quite some time with Coinbase. They must've done some restructuring of their site and/or policy because there's zero mention of being able to buy instantly with a bank account anywhere on their site now, save for some blog/article where they say they're trying it out on certain accounts as if it's something new.

But yeah, I tried removing and readding a "backup" credit card, and that's when I found out that they no longer support credit due to customers facing fees. I feel the same thing might happen to debit cards as well since I had a fee tacked on by my bank, and my bank is pretty reasonable with fees and such. I can only imagine what a place like Chase might do if you have them as your bank.

You could only instant buy with your bank account in the past because they used your credit card as 'insurance/back-up' or something previously. Yes, you can instant buy with a debit card, but you'll pay a higher fee to Coinbase (most likely to cover the card transaction fee charged by the card issuer) for the privilege; bank account transfers (even instant ones in the past) carry a low fee.

I have a bank account and a debit card currently attached to my Coinbase, and went through all of their AML/KYC verifications ages ago, but I still have to wait a week now for money transfers via bank account.

My 'bank' is actually a small, local credit union; I don't see them tacking on useless fees.

This post has been edited by tazmanian devil: Apr 2 2018, 09:07

You could only instant buy with your bank account in the past because they used your credit card as 'insurance/back-up' or something previously. Yes, you can instant buy with a debit card, but you'll pay a higher fee to Coinbase (most likely to cover the card transaction fee charged by the card issuer) for the privilege; bank account transfers (even instant ones in the past) carry a low fee.

I have a bank account and a debit card currently attached to my Coinbase, and went through all of their AML/KYC verifications ages ago, but I still have to wait a week now for money transfers via bank account.

My 'bank' is actually a small, local credit union; I don't see them tacking on useless fees.

Fees from a bank transfer aren't that much lower. Either way, the key to keeping the fees proportionally low is to buy in bulk. Back when I was using Circle (who charged no fees AND were instant) I would donate $20 every paycheck. Now, if I did that, yeah, I would be paying quite a bit in fees. However, my most recent purchase via debit card was only $3 more than what it would've been via bank account, but it was all a moot point as the difference in exchange rate easily made up for any fee. That's just my take.

I recently started donating again and this time it seems to have worked great. I used Bitstamp with a debit card. It was instant with the standard 5% Bitstamp fee (I believe just 1% more than Coinbase) and no added fee for using a debit card. The charges show up from London but surprisingly there was no foreign currency fee from my bank, so I'm guessing they bill in US dollars.

I used a Mastercard debit card that I had never used before, attached to my large local bank. Bitstamp requires 3D secure which was somewhat difficult to figure out how to sign up for. It wasn't enabled by default like with my credit cards.

I had also looked into some other options earlier. Bitstamp appears to have a much lower fee for bank transfers, but there is a minimum fee which is gigantic, so actually bank transfer is unfeasible with them. In addition there might be large international wire transfer fees from my local bank.

My state also has a lot of bitcoin ATMs, but they all have a 15% fee, and when I looked into it further I believe they just use Bitstamp to make the transaction, so they are pointless. Although they never reimbursed their customers last year, Bitstamp now plasters a large cash advance fee warning every time you try to make a transaction with them, so they did learn.

man

its so difficult saving up $200

when would i be able to

Bitstamp has toughened their security policies. I was permanently blocked for simply entering my password wrong a couple times, then the requirements to unblock involved sending them some photos. I should have sent them the nastiest hentai picture or something.

And they now require two-factor authentication every time you login or send money, which is a pain in the butt. It's a huge waste of time and apparently supposed to utilize a cell phone. Fortunately I found a partial workaround that works, at least for now.

Just go to this unauthorized [gauth.apps.gbraad.nl] online google authenticator website to get your authentication codes. It requires no installation and no phone, just make sure you write down and enter your authentication key.

With all this oversecurity, I recommend you write down your Bitstamp username, password, and authentication key all over the fricken place. Keep them in text files on your hard drive, send them as emails, PMs, or mooglemails to yourself, as many places as possible so they won't get lost.

Of course that is not safe, but that's what they get for implementing stupid oversecurity. Now it's less secure in the end.

Bitstamp has toughened their security policies. I was permanently blocked for simply entering my password wrong a couple times, then the requirements to unblock involved sending them some photos. I should have sent them the nastiest hentai picture or something.

And they now require two-factor authentication every time you login or send money, which is a pain in the butt. It's a huge waste of time and apparently supposed to utilize a cell phone. Fortunately I found a partial workaround that works, at least for now.

Just go to this unauthorized [gauth.apps.gbraad.nl] online google authenticator website to get your authentication codes. It requires no installation and no phone, just make sure you write down and enter your authentication key.

With all this oversecurity, I recommend you write down your Bitstamp username, password, and authentication key all over the fricken place. Keep them in text files on your hard drive, send them as emails, PMs, or mooglemails to yourself, as many places as possible so they won't get lost.

Of course that is not safe, but that's what they get for implementing stupid oversecurity. Now it's less secure in the end.

Considering that your account is linked directly to either a bank account or debit card, two-factor authentication is for the best. I personally enable it whenever I have the chance, money accounts or not. Yeah, it's a little annoying, but I think a bigger inconvenience would be having my checking drained into a Bitcoin account and then have the funds sent to god-knows-where.

You can technically still use a credit card with the same Bitstamp fees although most people won't have a credit card that reasonably accepts bitcoin payments these days. I don't know if having your Bitstamp account hacked would allow you to get your credit card funds back as an unauthorized transaction but it might.

Debit cards are more dangerous. Depending on your card issuer there may be a second password assigned to your card, not to mention that 3D secure is supposed to provide some level of security even without that password. If you remove your debit card information from Bitstamp after every use, will that keep it safe?

I don't see how there is much added security with this type of two-factor authentication, it's basically just a second password, except that the second password is extremely annoying for the legitimate user to enter. If a thief steals your main password, it should be almost as easy to steal the second password. It's just that the true second password is that garbled authentication key, not the actual password entered into the Bitstamp website.

I don't see how there is much added security with this type of two-factor authentication, it's basically just a second password, except that the second password is extremely annoying for the legitimate user to enter. If a thief steals your main password, it should be almost as easy to steal the second password. It's just that the true second password is that garbled authentication key, not the actual password entered into the Bitstamp website.

Except that “second password” is only on a device you have. A thief would need to have access to your phone or whatever device you have as you second factor. In addition, if you’re using a smartphone (and who isn’t in this day and age) you likely have a passcode on that too. On top of that, the 2-factor app Authy can also be secured with Touch ID on iPhones, which acts as a second password. That’s how I have it set up. My phone is locked, and the app is locked.

If you want complete safety, have someone else donate for you in exchange for services. The wallet is one-way only and you definitely don't want to regret your donation later.

Unless you absolutely require "luxury features", you don't need to go any further than Bronze.

I don't have a smartphone. I had one for a couple days then a thief broke into my house and stole it, that is the first thing they go for. Since he took the phone I had a hard time to call the police on him and we ran around for a bit.

So I will store my authentication key on my local PC, where it's possible to steal the authentication key from, and all over my e-mail and forum records in cyberspace, thereby making it less secure than before. For me anyway.

just send 100 dollar donation