CB

osoese

whenever i click buy (on CB) btc is still the default

Austins-Reddit

>And then finally for all the degens who were saying that they will start buying the dip under 25k, the lowest price we have hit was 26700$ Depends on the exchange young blood. On CB the lowest price was... \~$25.3K Also, we are setting up a very large bear flag. Pretty good probably of a dump on that. To elaborate even further, the 20W and 100W SMA's are going to cross around June 6th. I'll let you DYOR on what has happened history there.

RhinoRacing

Now that I’m out of CB I’m leaning towards strike

G_TNPA

Idk if your case was user error or not, but CB has been known to limit ALGO withdrawals whenever one of their wallets gets close to dipping below it's Governance commitment

TuaTurnsdaballova

Eventually a DEX will take over. Once a DEX with simple cash-in & cash-out features gets implemented, it’ll take a huge chunk out of CB.

GeologistEfficient89

What wallet do yall use? I'm tired of CB.

pacmandaddy

I don't know anything about this guy, but I like people who are willing to put their money where their mouth is. I see it as a good thing when an insider buys up more of their company stock and personally invests in it. I might even dip my toes into CB soon and take up a small position, markets are just getting slaughtered now and I see opportunities everywhere, but my little investment will be a joke compared to the 75 million that this guy just invested of course.

brokeassretard

He said funds would be refunded though, that sounds like a lot like it's CB again with them not actually purchasing your crypto and they'll just give us the cash equivalent of what the value is of what your holding at the time instead of your actual holding. It's not really better

Toutetrien777

Right! Even the Texas Lotto advertises winners. i opted into 3 CB sweepstakes...not falling for it this time.

Toutetrien777

CB has another sweepstakes this month. I have never heard of anyone actually winning one of these. Cynical Tout thinks this sweeptakes is another CB fee grab. 😞

Main_Sergeant_40

I hope he helps you. I moved from CB to Kraken for tryst and customer support as well, I tried Binance UD but the staking options were not great. Sounds like the real Binance is much better.

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AeLyXr

Mr. CZ, the team at PixelSweeper made you a custom NFT. Please collect at your earliest convenience :) they even got the hairline perfect 😝 https://twitter.com/pixelsweeper/status/1527310383177818112?s=21&t=sbrSqv61CB6sG8czJ46ncw

IndicaFruits

it is interesting that she states this in an article in which she also outlines all of the reasons paper CB-controlled currencies suck. she controls rates but won’t provide visibility on how much liquidity she plans on removing, no mention of the destruction of saver’s balance sheets. hey christine, you know what is worth nothing? your promises.

laxn397

And make sure to use CB PRO for lower fees.

JustCryptastic

Coinbase is a CEX that is highly effective as a fiat on/off ramp for crypto. Why people think this is “evil” is beyond me. Use CB to your advantage, but understand that CB is going to also use you to their advantage.

Marketing_Usual

No, it's new to CB but is definitely a shitcoin

IAmHippyman

I agreed with you up until you used an exchange with a business model to cryptocurrencies. They make their money on trading fees. We could trade back and forth for the same price indefinitely and CB/Binance/etc would make money regardless.

mladjenija

Can we expect integration between Trust wallet and Binance similar to CB and CB Wallet?

NexxiumSpin

Tell that to the Blockfi users who were able to withdraw $$ Millions in BTC after a promo went off the rails. Most returned the funds with many (all?) receiving an extra bonus payout for doing so. If you want to play the criminal liability boogie man, so be it. The OP had funds that became unlocked, they withdrew the funds. If CB determines there was an error, the OP can choose their own response.

Guyinablkduster

I didn't even know CB did this for retail investors, glad it worked out for you OP.

Blooberino

Thats true, but they're also incentivized to list coins that are popular to appeal to traders who want them. Yeah, SHIB ended up on CB, but only because it was easy to do and people wanted it.

SpartanVFL

This is the same bullshit that was used to justify excluding retail investors from the stock market. The government deems you aren’t responsible enough to invest wisely so they restrict what you can/can’t do while letting hedge funds take advantage. Can’t believe so many in here are echoing or supporting this. We all want decentralization, so it’s fine to dislike CB, but I find it odd that many in here want decentralized exchanges (which would obviously allow shitcoins to be listed) but want to harp on CB for doing so

Acidhoe

The CB sub is slap full of people with brand new accounts saying CB stole their shit. I'm not defending CB, all exchanges have dirt. But if the amount of people screwed over was actually as high as it seems on the CB sub, they wouldn't be in business.

stj1127

Ok I don’t saw it yet on CB Pro? But... Are the crypto I have on CB the same as what I have in my investment account on SoFi? Or is that money, and SoFi is an investment? I don't seem to be able to transfer between the 2 so that's why I'm asking

CommanderBacon_

Ppl need to stop investing in the top 25 and actually do research on if its a shitcoin or not. Not CB fault some degens dumped their savings on whstever coinbase promotes

Far_Store4085

Do people moan that stock markets list companies that go bust. CB is a an exchange, not an investment advice company.

busybeeback

An article based on Tweets by an altcoin hating BTC maximalist. Verify what you read. He cherry picks which alts to report about (there are alts on CB which have gained in value since listing) and he makes this report during a bear market. Oh and he says bad things about ETH too. CB does list things late which has caused some of this problem but the Twitter guy is wrong on many other accounts.

ShittingOutPosts

Right?! CB didn’t create the market, they just facilitate it.

Odinsblood1980

I won't be stopping the use of my CB card any time soon.

No_Line9668

As long as people are willing to throw their money at shitcoins, CB will more than happily collect your transaction fees.

horitov

What, this is CB bro look at the whole name it's says Corbase.

InfiniteCarrot2674

Step 1. get wallet. Step 2. look at a receiving address Step 3. copy receiving address Step 4. go to CB and login Step5. go to send btc or whatever Step 6. paste receiving address and press enter There you go.

Many_Quick

I hold lots of free XLM from CB Visa....when it pumps even a little I sell and trade for BTC and Eth...this is the way!

DrinkMoreCodeMore

Automatic buys on Coinbase for the past 5 years and APMEX for the past two months. Twice a month auto buys on CB for BTC, ETH, DOT, and ADA. Once a month auto buy for 5 oz of silver on APMEX.

Life-Butterscotch591

CB makes me wait 3 days after depositing from bank

REiVibes

How does algorand have 1940 trillion in volume listed on CB?

arbalest_22

That’s obviously not CB. lol

whatup1111

> When the real market is 1/20th the size of the pretend market, that means that the actual trade volume of Bitcoin is only a few thousand dollars most of the time and is at best in the tens of thousands. Yeah this isnt the case, you also said a couple of years ago. The market is a lot bigger today than a couple of years ago. Binance isnt fake, FTX or CB isnt fake. There was a few exchanges mainly korean ones that washtraded previously and theres a reason why I didnt include them in the 20b number, as the number stated on coinmarketcap is closer to 80b. > Like today the high for a five minute interval was $1.4 million and the low was $1,905 for five minute intervals over the day. If we assume the market is 1/20th its real size, that would suggest a high of $70k/5 minutes and a low of $95/5 minutes. Not $95k, $95. This is also just pure bullshit, where do you get these numbers? Go look at binance btc/usdt pair and the volume is rarely under 1m/5min and thats just one trading pair on one exchange. > And it's not that hard to manipulate the market when you are just making up fake coins. There have been studies on this. They found that the price of bitcoin was heavily manipualted by Tether. The fake garbage scamcoins isnt the ones with massive market cap, you can say tether this or tether that. Tether market cap increasing doesnt mean its printed to prop up the price, last week tether market cap decreased by 7b or so because people redeem tether when the market isnt demanding the peg to stabilize. > The $20 billion volume is probably more like $1 billion. And a substantial portion of that is in fake money - assets that seem to have a lot more value than actual value. No, you can sell BTC right now and cash out. Without problem. As I said before you cant manipulate a market to keep a price up when people can sell at any time they want if there are no real buyers. The price would just crash.

Wonderingbye

Not for me. Tried just now. $10 purchase on Coinbase was a ridiculous $0.99 fee. CB pro was $0.06 fee.

postnut_FUDbutter

Gotta love the new CB balance banner telling me im down 50 percent since last year right there at the top. mhm

Dont_Say_No_to_Panda

The fees are the same now for many users (eventually all.) CB pro is on its way out.

BlubberWall

I’ve never used them if I don’t have to. CB allows direct USD use, only kucoin requires me to use USDT and I don’t hold it I just immediately trade with it. I just don’t touch liquidity pools or yield farming, I don’t feel confident in any of them

TagTeamChamp72

Not the answer you’re looking for but it’s- Stocks, crypto, real estate, private equity, and pretty much anything else on earth that could be bet on. The Fed and other CB’s were flooding the market with liquidity.

greatfunawesometime

Exactly. This is what is overlooked here, and this is of course by design. Every purchase made on CB is an arbitrage for the exchange. The spread is ~$200 on BTC. I do appreciate some of the developments and recent changes, however the fact that they continue to claim that this is a spread is just appalling, insulting, and obnoxious. At the end of the day, any upside or credibility a company has can be erased and overshadowed by one glaring shady (and blatantly obvious) business practice.

CatBoy191114

Figures. CB wallet is a joke.

pompom_waver

Coinbase debit card is great. I used a credit card that give me 2% back on purchases which I used CB debit card to pay the CC balance to get 4% in crypto. Can’t beat that.

BlubberWall

>Brian from CB doesn’t seem to care Wtf is he supposed to do about it? They sell these coins as is

ANordWithASword

Same here. I know everyone hates CB, but it works fine for me. My CB card works better than my actual bank debit card.

WilliamShattnerpants

“Brian from CB” and “CZ”. What/who are those referring to?

Lost_Mapper

Question, late to this thread. Also new, trying to learn. I've read recently about CB problems, huge losses, possible bankruptcy. Am I overly paranoid in my concern for putting tens of thousands of dollars onto CB to buy btc with the full intent of transferring all of it to a hardware wallet, and CB going under in the week long process of waiting for money to clear? On a scale of 1 to 10, 1 being overdosing on 3 Excedrin when I have a headache and 10 being wearing a crash helmet while mowing my yard, what level of paranoia is my hesitation with coin base?

Lost_Mapper

What's the best exchange? I keep seeing stuff about Coinbase going bankrupt. I'm waiting, but I want to buy one or two btc. I mean, if I buy two from CB and they fold the next week, unlikely, but a gamble I'm hesitant to take, I'm fucked. Put money into CB, wait for it to clear, buy my btc and immediately transfer it to a hardware wallet? Am I overly paranoid not trusting exchanges for the week period it will take for fiat to clear?

23harpsdown

Yeah, I just downloaded it this week and moved most of my CB holdings over to it. (along with everything in my Trustwallet, Gemini, and CDC) With all the mayhem going on recently, I've decided to consolidate where possible.

23harpsdown

CB, CB Pro, CB Wallet, Trustwallet, Celcius, Exodus, KuCoin, Binance, CDC, CDC Defi Wallet, Gemini... maybe some others. I use CB the most, but Celcius and Exodus are the cleanest.

Designer-Freedom7638

Well done! I did this earlier in the year too. I still worry that I'll have to depend on CB to liquidated any coins in the future but if more places accept BTC perhaps that won't be needed!

Fragmented_Logik

The ones speaking of it falling are dumb af. CB is not going to fold. Yes they didn't make their mark for profits. However they still pulled in 1.2 Billion and over the year made more than the NBA...

Simke11

You sent ETH to BTC address? I'm afraid its gone. I am surprised CB doesn't do at least some basic address validation.

ChainSentence

$LTC is my hopium. Havent been best price action but its climbing back from #22 at #19 atm closing in on #18.(on CB) Also alot happening around LTC. Mweb,taproot update (activating 19 may) making it an potional privacy coin, Halving coming in august 2023, Merged mining with doge (Steadily increasing hashrate), Launch of LTC Labs in cooperation with antpool and not to forget currently fastest growing adoption. Not financial advise obviously.

Renew11

Is Coinbase Wallet safer? After last week I move it from CB to CB wallet

Levl1Critter

Coinbase. There are better options offering slightly better APR and shorter/no lock in times, but I don’t need the money and wouldn’t sell it anytime soon so I appreciate the convenience CB offers.

UnconsionableLawyer

A bankruptcy trustee can only sell assets of the estate. CB’s interest in client wallets are liabilities. They can’t be sold to pay other creditors unless they were commingled in a large custodial wallet that also included assets owned by CB (eg if CB separately has its own Bitcoin in a wallet with customers) which is unless given the ability to send and receive on CB. The caveat would be staking. Also what CB was saying in their reporting was not that they considered clients unsecured creditors, but that other creditors could try to make that claim. Based on a decade plus of bankruptcy experience, I would disagree with that.

dos_passenger58

I've been staking it on CB... Yeah the returns aren't stellar, but I kinda like that there's no way someone can take them from me while they're locked up

Jaqen-Atavuli

Yeah, I had some coins still on CB in case I wanted to do some trading. I got them off as soon as I read that filing.

ThereWillBeSmegma

Temporarily, yes. What I’m getting at is instead of claiming BTC directly, accumulating XLM at 4% for a week/month etc, then transferring XLM to CB Pro and swapping for BTC. I would think doubling the rewards would negate the exchange fees.

iaco56

Thank you! I picked wrapped Luna cause it was on CB I purchased 65k just in case they have a miraculous comeback somehow. Worth the risk to me

bjcrypto

Unfortunately not yet. It is added to CB custody for the future. Binance.US has it. Gemini and Crypto.com have it as well, but I don't believe mainnet Fantom yet. There are a bunch of exchanges though if you aren't in the US

Oneloff

CB on web/desktop now also offers what CB Pro has.

iaco56

CB pro set limit order

iaco56

That available on CB?

gapipkin

How would you do this on CB?

bbq420

It was to a CB wallet. Is the last part still relevant?

bbq420

Withdrew from CB into wallet… exchange now shows I have no ETH and BTC, but still shows it under the chart as “x” total (sum of all crypto). My wallet shows 0, but shows 0 eth and 0 btc. … Did I do something wrong?

Walternotwalter

I would be careful. There are a ton of people with locked up ETH on CB that will be dumping if/when the change to PoS happens. Eth loses alot of it's purpose compared to cheaper PoS chains like ALGO and ADA if that were built as PoS from the start.

Fragmented_Logik

I'd much rather use 1. Monero for privacy 2. Nano if they ever get their shit together 3. Some sort of converter like Alchemy Pay which can handle hundreds of different fiat to crypto transactions so you aren't limited to one. 4. Even a CEX. CRO/CB still offers some rewards and is atleast good at one thing. Ease of use. Why use Doge over these? A majority if the holders are still on centralized exchanges.

BlubberWall

You have the keys with CB wallet though, I use ledger but going from CB -> CB wallet -> ledger is just wasting crypto in transaction fees

509BandwidthLimit

Are there fees to move from CB to Ledger?

OceanLoader4

Coins got burned, and also a lot of noobs think UST == USDT. (and I think the 'depegging' dip everyone is talking about only happened on CB). Tether might be a scam. If so, we're all FUCKED. No exaggeration. Every exchange is hooked into it and if Tether fails expect an absolute apocalypse. By all means flee into another stable, but I personally don't think there's anywhere else to go that's safer if tether were to collapse so to my mind that just exposes you to an additional stable that may or may not fail.

Vcr2017

I’ve never been KYC’d by any exchange including CB.

eyecandy99

honestly go look t r/coinbase. It's a shit show. I had my funds locked in there for a full year. Their support team is non-existent. Fuck CB

nhays89

How about locking up staked ETH without a withdraw date!? The f*** CB

_o__0_

In a world where they use them as assets and go bankrupt. Dont know what to say except its not a suprise to me *at all*, and Id take guesses at what scenarios would make someone what kind of 'creditor' in an epic CB bk. Because they are public, Id bet they try somehow to insure regular customer holdings, but anything they are using for lending or whatever they do, that could be counted as assets in their other bullshit, could get wrapped up in a bk.

_o__0_

Comparing those two makes no sense. CB is a public company.. And, its not 'terrible' so much as totally expected..? Is everyone mad about this or just this sub?

Skip143091

No, I don't. But nobody who bought Luna, a top 10 coin, thought that was going to crash and burn. And even if you knew with 100% confidence that CB would never bankrupt, that is still terrible that they would do such a thing.

alex-needs-friends

to my knowledge no, i bought to capitalize on people who are too stupid to know crypto and directly correlate it with the rise in ETH. literally. the ETC subs are full of people who have no idea what they're taking about but pump so fucking hard. nothing to back it up. that's been my only big gamble and it's paid off even with CB sucking at transfers

ruckycharms

There is risk staking on your own too. If your node goes offline or not able to validate you can lose ETH. I would bet CB has disaster recovery and high availability measures way beyond an individual could afford.

reboot169

Well, seriously, how do you transfer out? I use an exodus wallet. Can I exit out of CB with being charged a ton?

BlubberWall

The rumors that they are going bankrupt or are in trouble are false. The potential for a judge to seize assets isn’t false, it’s just CB is being thrown into the spotlight when it’s the same potential on any exchange. The CEO did clarify that they are adding language to their user agreements to protect even retail investors, but in any case it’s never been tested so there’s potential for a judge to be an asshole and try ignoring it

ruckycharms

Yes there is the blockchain normal mining fee, plus any additional CB fees. I heard CB charges 1%, but not sure.