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Coinbase now offers instant Bitcoin, Ethereum and Litecoin purchases



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 11 months ago '15        #1
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BuyGold 2192 heat pts2192
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Coinbase now offers instant Bitcoin, Ethereum and Litecoin purchases
 

 
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Buying cryptocurrency is not as easy as you might think. It also takes longer than you might expect, which is a problem when you want to take advantage of an opportunity in this market as quickly as possible.

Coinbase seems to have solved this issue, announcing that customers will be able to instantly buy Bitcoin, Ethereum and Litecoin using their bank account. Prior to this change, they had to wait several days for the purchased coins to be available.

The popular exchange says that this feature is currently available only for customers who have a US bank account, so for those in other markets the old waiting period remains in place. Still, it is a move in the right direction, which can only help the adoption of cryptocurrencies.

"Reducing the time to receive digital currency has been a highly requested feature and we are pleased to provide this improved experience for our customers," says Coinbase. Based on the information it provided, right now this is only available to select customers.

Bitcoin is currently the most-valuable cryptocurrency, with a market cap of over $93 billion at the time of writing this article. It reached a new high above $5,800 today. Ethereum follows in second place with a market cap of nearly $32 billion and a price of $345. Litecoin currently ranks as the fifth most valuable cryptocurrency, trading at just under $60. All three are up today.

Customers who want to get their Bitcoin, Ethereum and/or Litecoin like this should know that instant purchases have a maximum limit of $25,000 -- though Coinbase says that their individual limit may differ, depending on their account type presumably.

After making the purchase, customers will get an email when the transaction is complete to let them know when the instant purchases are available in their account. The exchange explains that the availability of this option will be expanded
in the coming months.
visit this link https://betanews.com/2017 .. oin-purchases/

27 comments for "Coinbase now offers instant Bitcoin, Ethereum and Litecoin purchases"
 11 months ago '11        #2
Pakchoy 876 heat pts876
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$7,002 | Props total: 45289 45289
i use bitstamp and i can use a credit card to make purchases, plus they also trade Ripple or XRP. Kraken is another good site where you can use paypal

 11 months ago '17        #3
arms 14 heat pts14
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$1,121 | Props total: 5218 5218
fu*k coinbase.

 11 months ago '12        #4
Thworldisyours 59 heat pts59
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$9,121 | Props total: 20891 20891
Site might have the worst customer service ever.

Created a ticket and they responded like 3 weeks later with some generic response.

Stopped using them ever since.

 11 months ago '14        #5
consigliereA 96 heat pts96
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$28,865 | Props total: 34917 34917
 Thworldisyours said
Site might have the worst customer service ever.

Created a ticket and they responded like 3 weeks later with some generic response.

Stopped using them ever since.
This..

 11 months ago '16        #6
Birdmans Hands 3 heat pts
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"Several days"? Never once took me more than 20 minutes

 11 months ago '04        #7
CPizzle 1 heat pts
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Maybe it just changed, but the last "instant" purchase took 9 days for the bitcoin hit my account, they only lock in the price it's BS

 11 months ago '05        #8
Y.G. 27 heat pts27
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 Birdmans Hands said
"Several days"? Never once took me more than 20 minutes
With a card. The article is talking about purchasing directly from a bank account, not from a card.

 11 months ago '08        #9
T2THEONE 859 heat pts859
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$6,527 | Props total: 1787 1787
I use Kraken, they respond back in a reasonable amount of time.

 11 months ago '15        #10
PolygonMafia 4 heat pts
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$1,705 | Props total: 5067 5067
I trade btc for cash in public locations. Even had a dude meet me at the bank.

I still have 6.3 bitcoins. Bought myself a steal of a 2017 Hyundai Sonata SE hybrid with a few bitcoin worth of cash. Essentially got it for nothing as I traded these btc for some weed back in 2009. 40$ worth turned into over 70k



Last edited by PolygonMafia; 10-23-2017 at 11:59 PM..

 11 months ago '11        #11
Backflipz 84 heat pts84
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A Year ago I wanted to get in on those gamestop scams but didn't want to provide all this background information (Driver license etc) for direct purchases.

So I went through all this transfer sh*t buying Second Life currency, converting it to Bitcoin and trying to transfer it to these wallet services to pay dude. Missing minimum purchase requirements and having to overpay and sh*t

I wonder if any services make it easier now, or is this the answer?

I lost more money than what it was worth for that sh*t. Only reason why I did that cause the scam market was dry as HELL at the time, and I really wanted BF1, Fifa, and 2k on my broke a.ss college budget

Glad I got a job now so I can just buy the sh*t

 11 months ago '11        #12
ProppaProp 
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$95 | Props total: 228 228
I'm glad they added this because I was unable to sync my debit card

 11 months ago '15        #13
Kden 59 heat pts59
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$9,075 | Props total: 22761 22761
I registered on this site a week ago but off these comments im not buying sh*t

thanks bx

 11 months ago '15        #14
isthistobe 260 heat pts260
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$4,124 | Props total: 15738 15738
i joined this week
and bought
bitcoin ether and lite

but these comments got me weak son

 11 months ago '05        #15
eyestayhi 
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$517 | Props total: 87 87
just joined today lol wish me luck haha

 11 months ago '06        #16
Doe Sun 3 heat pts
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 Pakchoy said
i use bitstamp and i can use a credit card to make purchases, plus they also trade Ripple or XRP. Kraken is another good site where you can use paypal
Do they give referral bonuses? What fee do they charge for using credit cards?

 11 months ago '06        #17
fabfob 3 heat pts
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 Doe Sun said
Do they give referral bonuses? What fee do they charge for using credit cards?

Not sure about bonuses. I believe it's only direc5 from bank accounts. I bought 30 bucks worth and they charge 1.99

 11 months ago '11        #18
Pakchoy 876 heat pts876
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 Doe Sun said
Do they give referral bonuses? What fee do they charge for using credit cards?
If u use credit card which is instant its 20 through a 3rd party system. Money is converted to bitcoin and you exchange from there

 11 months ago '11        #19
Pakchoy 876 heat pts876
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$7,002 | Props total: 45289 45289
 Doe Sun said
Do they give referral bonuses? What fee do they charge for using credit cards?
I bought couple thousand coins and I buy and sell them all day to make more.

 11 months ago '17        #20
Kanan 30 heat pts30
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$4,757 | Props total: 10581 10581
Been had instant bitcoin..

 11 months ago '04        #21
CPizzle 1 heat pts
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$545 | Props total: 284 284
save the fee's, use GDAX

 11 months ago '04        #22
orv 
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$4,913 | Props total: 3167 3167
 BitFinesse said

[pic - click to view]

Itís to be seen how IOTA will be. Rather cheap right now and a lot of FUD surrounding it. Also, itís not decentralized.

 11 months ago '04        #23
spunkyXL 41 heat pts41
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 arms said
fu*k coinbase.
Why is that? because of the fees?

 11 months ago '13        #24
3nl1ght3ned 12 heat pts12
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$13,391 | Props total: 6305 6305
cant wait till this trend dies

 11 months ago '17        #25
arms 14 heat pts14
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$1,121 | Props total: 5218 5218
 spunkyXL said
Why is that? because of the fees?
Nah because coinbase is full of sh*t. Holding funds, banning accounts, having banks close accounts for buying btc and being fu*k boys all across the board.

 11 months ago '17        #26
KobeThompson 12 heat pts12
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 PolygonMafia said
I trade btc for cash in public locations. Even had a dude meet me at the bank.

I still have 6.3 bitcoins. Bought myself a steal of a 2017 Hyundai Sonata SE hybrid with a few bitcoin worth of cash. Essentially got it for nothing as I traded these btc for some weed back in 2009. 40$ worth turned into over 70k


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