CB

ButterflySecret6780

Based in EU and I use CB to cash out of USDT will I no longer be able to cash out of USDT soon then because of this law? What’s the best way to cash out of USDT in EU? would appreciate any advice or help from anyone

Trilamb22

I’m assuming so but I have seen newer users who are also CB One members that don’t run into the issue.

Trilamb22

It’s cuz these mfrs are selling more tokens than they actually have. That being said no I’ve not personally experienced it. Probably cuz I’ve been w/ CB since 2013. **But I’m pretty sure it helps you to not be restricted if you pay for the CB One membership.**

Abc125698

Maybe it’s unbonding? After waiting 3 weeks for unbonding and making $0 I’m staying with CB. They still pay you out while undoing staking unlike Kraken

tqlla3k

Yikes. I have some xrp that I transfered to Binance when it got delisted from CB. Then US customers were getting kicked from Binance, so I transfered it to my wallet. Will I have an issue transferring back to CB?

tutoredstatue95

Well xmr cant be traced like that, but compliance engines have improved to the point where they can know if a source address has interacted with xmr before and link it to a known destination. Its likely this guy's mule wallet is flagged and if he ever did any direct deposits into his CB wallet that weren't monero, that dest address is now flagged as well. A large usdt deposit coming from a privacy token would be a huge red flag. He's gonna need to be able to explain a few things or those are super locked.

TheDizzy024

Around 5% on CB

Low_Carpet9764

I am currently doing double leverage stack on my house/then borrowing against house+BTC holdings combined w CB low LTV loan. Gonna print cash Edit: ideally initiate low LTV loan (sub 20%) around 40-50k BTC as I do not see it going much lower than that

Michichael

No. CB can and will arbitrarily switch protocols or lose your coins, and you basically have to pay thousands to even try to arbitrate. For most losses, it's not financially worth it to litigate , and it's what they count on for their business model. CB is absolutely a horrible company to do business with.

Shrappy16

I moved enough to buy a beater 72’ MGB, which I still love driving(it was cheap). In order to show my wife how fast things were, I pulled up my CB account, sold Solana, had it into my USD, and moved to my tradfi bank(yes, I paid around $100 for instant transfer) within 6 mins. I pulled the cash out the next morning, maybe sooner if it wasn’t 10pm already. Could NOT do that if I was selling equities. Long story short, it was fast, proved use case and I’m driving a beat up MGB

whatsaburneraccount

How are the funding rates on CB perps still positive?

KenBgood

Trust wallet is TRASH! Traden everything that i can to USDC to transfer back to CB. I'm out ✌️

AdNational8155

Interesting. My ID expired in January but I already went through a validation after that date so may be part of the reason. Not that CB will see fit to tell why I have been inconvenienced & invaded. Guessing customers appears to be a feature and not a bug

Grunblau

Buy XLM on RH, send to CB. This was pre cheap stablecoin options.

Grunblau

I’d like to thank my lazy ass for using XLM to transfer money to CB to avoid Plaid and never getting around to selling it.

phishow

Kraken closed my account without any explanation. Opened it in 2016. Never used it as I was mainly using Coinbase since 2013. I was only buying BTC. No trading. But then I was hearing horror stories about CB and decided to move over to Kraken. This was about a year ago. I didn’t remember my password and did a reset. Received an email back that may account had been permanently banned from them. I’d KYCd and everything in the beginning. Weird. F CEXs

MOIST_PEOPLE

Isn't this from buying something shady, or possibly shady? General practice is to send through 2 wallets before sending to vendor. I would never pay directly to any wallet directly from CB.

jawanda

That's hella frustrating bro. I've had pretty good luck with CB (knocking on all the wood) but there are plenty of horror stories like yours out there. The worst part is when thus kind of thing happens with any financial institution they literally can't and won't ever tell you the reason. Some algorithm behind the scenes deemed your behavior fishy and that's that. Sucks ass

energetic_one

Don't try to contact Coinbase! Support is all AI now and they go around in circles with people that actually have accounts that AI can verify. In your case you can't even prove that you ever had an account and there's nothing they can verify. They won't help you, but they will lock you out, label you as suspicious and as trying to break in and rob people's accounts. Find out from coinbase users if there is any way to search for old existing accounts if you create a new account. But don't start with CB support you will regret it forever.

ThatGuyFromWhere

Right, so that point really is not what people think. That clause just states Coinbase et al can’t pay you for merely having stables in your portfolio - which CB et al would likely stake on your behalf without you knowing and KEEP the yield eventually once their marketing promos expire

MinimalGravitas

> Examples directly from the list: JPM Coin (runs on JPM’s private Quorum fork), Here is the address on the Ethereum L2 Base: https://basescan.org/token/0x7e0aedc93d9f898be835a44bfca3842e52416b82 > Mastercard’s tokenization pilots (private networks), > SoFiUSD (SoFi’s own infra). SoFiUSD is built in partnership with Mastercard. Here is the address on Ethereum L1: https://etherscan.io/token/0x0CB6d03B0aC88A463F67B7Ad99f9f3ec4678092E > BNP Paribas’ MMF (permissioned ledger), You are somewhat correct with this one, they have only piloted it on Ethereum... which is why it is marked on the site as 'In Development'. https://www.assetservicingtimes.com/assetservicesnews/digitalassetsarticle.php?article_id=17704 > Sony Bank’s stablecoin (Sony’s internal chain), Here is the address on Sony's Ethereum L2: https://web3.okx.com/explorer/soneium/token/0x3f99231dd03a9f0e7e3421c92b7b90fbe012985a > Kyrgyzstan’s USDKG (government chain), Here is the address on Ethereum L1: https://etherscan.io/token/0xE820C06321E60d36257C666643Fa5436643445E3 Want to concede that you were wrong and re-evaluate your opinion, there's nothing wrong with being wrong if you then learn something...

50sat

These days, I'm not even clicking on a link like that. I just convert to USDC on chain and Coinbase out. * Gas to send to CB. * No fee I think to convert USDC to USD at CB. * No fee to ACH. I've done so for a long time. My bank usually credits me same or next day. To be fair, I've used Coinbase since it was literally an offramp where the only 'exchange' was BTC to fiat. It has not been a flawless experience, and I lost my authenticator once. It was excruciating but they worked through it. At the end of the day it's a long term relationship partly based in trust and partly based in regulation. **They make literally nothing** when I pass through them as an offramp and still have zero incentive to scam me.

Logical_Lemming

It was, by far, my craziest and worst day in crypto. I didn't have any LUNA exposure either, all UST. The problem was my UST wasn't just in Anchor, it was in Aperture, which at the time was running a delta-neutral strategy using both Anchor and Mirror. The problem was, Mirror protocol was actually broken for a long time and nobody knew until the crash, when there suddenly wasn't enough money in there for everyone to withdraw. So I literally couldn't withdraw my UST until the value was significantly down. I spent that whole night shuttling UST and LUNA back and forth from Terra Station to Kraken, selling LUNA for UST on Kraken and then burning it for more LUNA to sell for more UST. I made all my money back that way. I did end up bridging a bunch of LUNA to Ethereum to send to Coinbase (because they only accepted WLUNA because CB was absolute ass back then at supporting networks other than Ethereum). But that bridge was completely clogged. That LUNA didn't come through until the next day, BUT THEN WLUNA SKYROCKETED ON COINBASE!!! I sold that shit instantly and REALLY made my money back. If I held longer I think I could have made about $60k on LUNC that I spent like $1400 on. I still honestly believe that so much crime happened on that day. But not necessarily crime perpetrated by Do Kwon. I think the LUNA validators (especially Binance and Jump) should be legally liable for cutting UST loose and rebooting the network to let LUNC pump. Even though the precedent that would set would probably kill crypto forever.

MariachiArchery

About a month before this crash, I was researching savings products to park some money. I needed to either get the money in the market, or put it in a savings product. I was earning interest on CB via USDC deposits, but was wondering if I could be earning more with another crypto product. This brought me to the Anchor Protocol. A savings product. That is how this was sold to 'investors' as a savings product. Now, a savings product should be zero risk, or close to it. Like a HYSA, a CD, or T bonds. Zero risk, low yield. But, Anchor was different. It advertised zero risk on 20% yield. This interest rate on zero risk is impossible. It literally doesn't exist. So, I asked myself, what is the catch here? Where is the risk? 20% yield with no risk isn't real. So, I wondered into the Anchor subreddit and asked around. "Hey boys, what is the catch? Where is the risk? This can't be real, there is no such thing as a savings product that earns 20%." When I posted this in the sub, I was inundated with comments insisting it was actually zero risk. No risk. It's a savings product. I had guys telling me to park my life's savings, that I would be stupid not to... on and on. I tried to insist this can't be real. That this isn't a savings product, there must be a catch. I also watched that stupid video that put out that explained the peg and the how the yield was earned, which made no fucking sense, and asked the sub to explain it, like I'm five, and no could. No one even tried to understand it. They just blinded trusted that Anchor was a zero risk 20% interest savings product. Failing to understand the product in any way, I warned the group. "Boys, this is too good to be true". Then, I got flamed, so I checked out. This isn't for me. About two weeks later, LUNA minted 6 trillion tokens, and it all collapsed. Watched it happen in real time, in that Anchor sub, as people desperately tried to exit, but couldn't. I watched those dudes loose everything. Moral of the story? If it's too good to be true, it's not true.

thesilvaserger

I think your best bet might be Aleo and their Shield wallet. I've tried it and they have compliant, fully private stablecoins and their network token is listed on CB so didn't have any issues when I bought on CB and sent to my wallet.

idk_wtf_im_hodling

MBA + AI slop macro business strategy. This can only work if the comp is very high at CB vs. a comparative role at another company. No one is going to want to be a part of this long term plan.

choicehunter

You didn't take the credit card Bitcoin rewards into account. It pays for itself then your DCA (up to a limited monthly amount) is free. Just use CB DCA for the included amount plus credit card rewards, then use strike for any DCA above the free monthly limit. Then xfer strike DCA to self custody for free (but keep Coinbase DCA on there to maximize credit card rewards). Or do whatever you want. 🤷‍♂️

NoJob1123

CB9dDufT3ZuQXqqSfa1c5kY935TEreyBw9XJXxHKpump $USDUC - unstable coin is what you see

HSuke

It's a tiered rewards rate. You don't get 4% unless you have $200K held in Coinbase while also having a CB One account. Lowest tier starts at 2% CB.

TheGDC33

one aspect that your review missed is that the CB card offers greater than a 1-2% Cashback in BTC, BUT it depends on how much you hold in your CB account. The max is a 4% return which if you have the capital and keep it on CB in USDC to make that passive income it could be great compared to other card offers

SoftJeff

My buddy got hacked and Coinbase account drained. CB said “not our problem, see you in court”. Homie never got a dime back. 6 figgies gone in the wind

Abc125698

Why is there a 1-2% higher APY on Kraken (5.96%) vs Coinbase (4.14% with CB One) for SOL?

filenotfounderror

You shouldn't click it, but if you didn't its -probably- fine. If the site looked like CB, the vector of attack is MTM, so you would need to input your credentials to be at risk

bananabastard

I've been talking to Satoshi Nakamoto on my CB radio. He is a person, alive and well.

Paninche

This is very educational, thoughts? [CBDC](https://youtu.be/GBb8wysp3HA?si=CB-z8VQBwVjbanXg)

sadiq_238

!register 0xBa8d21E4436CB843E355C56525467D894396F75c

la-bella-confusione

What are you talking about? I transfer funds from BoA to Coinbase all the time, then buy crypto on CB and transfer it to cold storage. Never had a problem. CB does place limits on weekly/monthly transfers, mainly to guard against money laundering, but I doubt you'll exceed those. But you must be leaving some details out. You can always open an account with Charles Schwab now, as they're allowing direct crypto purchases.

slimdizzy

Coinbase. 10 years usage. Never an issue. Those stories are usually people who didn't update KYC docs when requested and time expired. Or because they have shady sources of tokens, like from mixers or something and CB AML bot kicked in.

Supaflyray

I get ads all the time about borrowing against my crypto. This would be your best solution. Get what you need and still have your crypto. I don’t see you having a problem ( coinbase offers me to borrow against my crypto for example) not trying to shill CB , it’s just what I use. Good luck and feel free to reply here if you have any more questions.

carbondrewtonium

I have had a few Bitcoins for years and I randomly check in on how it's doing. Today is one of those days. I have had them in Coinbase for years. I am unfamiliar with a cold wallet and why I would want to use one. What's the purpose of moving them from CB?

Jpotter145

No, they are holding it up for a chance at equal footing to the banks. No proper yields on stables means it becomes a hassle as you need to move your money into and out of crypto during downturns. Given I can get 4% on a TradFi HYSE and not on CB if this passes means instead of keeping funds in one place I'll have to move from CB to tradfi and all the headaches along with that. (KYC, proving fund sources, added risk from transfers, just a plain old unecessary hassle). I'll stick to traditional investments and yields if I have to convert to USD and remove funds to just earn a yield during bear market. I don't want to have to move money "in" and "out" of crypto and all the tax reporting documentation to take advantage of something only offered by a bank because banks are protecting their interests.

s4yum1

Good for CB stock?

Successful_Big_3423

Bitcoin\_Metronome\_v16.03.26.26.16 SPECTRUM SHA256: 350343B6CB8F3CE8F48BE1BAA9499619998B99C70A08E6887A45A7D8F7F45F89 \->>>> updated 03.26.2026 23:22 EST

Successful_Big_3423

Bitcoin\_Metronome\_v16.03.26.26.16 SPECTRUM SHA256: 350343B6CB8F3CE8F48BE1BAA9499619998B99C70A08E6887A45A7D8F7F45F89 \->>>> updated 03.26.2026 23:22 EST

ouchifell

Isn’t the implication that the Senator(s) to whose campaign that CB has contributed to won’t vote for passage?

Blooberino

Not the one you're replying to, but I use the CB debit card for spending in places I don't trust (bars/clubs, food trucks, farmer markets, shady stores) because you can turn off functionality in between uses.

AncientMoth11

Yup. They escheated it if following proper regs or ate it up as “fees.” Researching relevant state unclaimed property website is good step. They should have sent it to ops state since have his address If it’s not there then they may do the state where incorporated. At same time I wouldn’t be surprised if CB said fuck you pay me and took excessive fees

AutoModerator

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Swimming-Night9476

Wallet is completely disconnected from CB. I don't know how or why they'd be drawing money in and out of an unassociated wallet at prices I didn't purchase at.

Separate-Spot-8910

But if you moved anything to a wallet then back to coinbase, coinbase will report that as a gain. I have 4 years of buys that went to a wallet then finally moved it back to CB and they're calling the whole amount a huge gain for me when in fact it's a loss. Now I have to sift through the transactions for cost basis. 

__Ken_Adams__

If CB made a mistake & sent btc to OP's non-Coinbase wallet they'd have no way of knowing who owns that address and therefore no way of contacting OP to ask for it back.

Swimming-Night9476

I'm not sure that I want to share that info on Reddit. I do have a CB account, but only buy or trade through CB Adv. I have no records of any BTC purchases on that date, and this transaction is connected to a 9M buy from some whale account on CB.

Goodness_Beast

Even better, Gemini Advanced Trader mode has even lower fee than CB

explosiveplacard

I did the same thing. I tested this out with a small amount through Coinbase and I also tested it directly with Morpho (which is who CB uses behind the scenes). I have since done some pretty big loans and here's what I learned: * If you are a maxi, and you don't want to have to use a wallet like metamask and jump through all the hoops to wrap your own bitcoin, use Coinbase. The process can't be more simple. * Coinbase charges a 1% origination fee which you don't have to pay if you go direct to morpho * If you originate your loan with Coinbase, you can only service it through coinbase - going direct to morpho is not an option - if coinbase goes down or disappears, you are sol. * Coinbase's alerts and dashboard make it easy to always know where you LTV is One thing that is worth noting: After taking out my larger loan at 50% LTV, I decided I wanted to lower the LTV. You have two options. Add more collateral or pay down the loan with fiat. I decided to pay it down with fiat so I sent money from my bank via ACH. Because of the amount, Coinbase put a hold on the transfer for 5 full days! Had my LTV been in a bad spot, I may have gotten liquidated while waiting. The faster way to do this is to send a bank wire - the funds would have been available instantly.

CryptigoVespucci

I haven’t see any indication that CBDC’s are going anywhere (outside of maybe the digital Reminbi) Don’t think CB’s are built to issue their own. Think gov’s will regulate stablecoins from private issuers instead. Agree banks will get involved on that front

matthegc

Depends on your risk profile and how much you plan to stack. I’ve had my CB account hacked and that was terrible….so to avoid that again, I use cold air gapped storage. I buy on exchange and move the amount when it gets too big for me to be comfortable.

Emergency_Egg1281

if your wallet has a media section like CB wallet I watch the new coins that are 30 min to an hour old and jump in like 5 with 10 bucks each till one starts pumping then all in and watch it go. made 150 yesterday.

riscten

I wouldn't leave 1% of my net worth on CB (or any centralized exchange) lol. More like 0.01%.

Toshi_Monster

Where did you get the Coinbase App from? If they sent you a link, it might be a spoof CB app.

Life-Republic2311

IMO they’re a bit scammy.. If you’re newer to crypto, I’d give CB a try, real easy to use, and their wallet isn’t bad either

Bitter_Tea442

>>"Names? Don't dodge." >Warren is the most vocal one. You do realize they only need 7 democratic votes, by the way. Right? Kind of indicates how divided support is between democrats and republicans. Warren is not on the record threatening a veto. I'd suggest this means you lied earlier out of political expedience. >>"So literally everyone? The majority party who writes the bill is the only group you don't consider the 'main' issue? Again, I wonder why you keep insisting on this point when the facts don't support it." >My point from the beginning was that no one is completely happy with the bill. I mean, if you had to rank each party in terms of support, how would you do it? We agree that Brian Armstrong has been the biggest critic and barrier. I think banks are next in line, followed by democrats, followed by republicans. I've been consistently saying from the beginning Republicans are the biggest impediment to the bill in the state CB is demanding because it hurts their rural states and districts the most. >I think you're being an ass here, honestly. I know, when you are a jerk playing politics (and going so far as to be caught lies of convenience) its ok, but when someone firmly states you are wrong with evidence it is far worse. >The fact is that republicans want the Clarity Act passed, and so does Coinbase. The problem right away is that republicans don't really care about the yield issue, and Coinbase does. Then someone isn't telling the truth. >On the other side of the coin you have banks and democrats who are generally not supportive of the bill, and absolutely against yields They aren't through. They are against Coinbase have a regulatory carve out. If CB became a bank or compromised in a way that yield paying reserves are treated the same as money markets regulatorily, they could pay yields and there would be virtually no objection even from Warren I would bet. >there aren't too many avenues to make everyone happy here. There are but CB paid $500m to Republicans and wants its carve out.

omg_its_dan

The first page of my 1099-DA from CB says that only the gross proceeds are reported and the cost basis is not. As long as you reported the sales you should be fine even if the cost basis on the form doesn’t match.

HSuke

Yeah, you spend 10x more than me on your credit card. I spend a lot on Amazon, but that has its 5% card. * $1000 on RH Gold = $30 CB * $1000 on 2% CB = $20 CB * $5 fee $30 - $20 - $5 = $5 Card is worth $5/mo for me

para1131_F33L

Moonshots: $DOVU, $Hsuite, $Sauce. Create a Hashpack, buy on Hbar on CB send over, associate above tokens with wallet, swap for tokens and forget about it. That's my current strategy!

matthegc

CB one is good….you pay the monthly and they pay back all the fees….you also get 4% on USDC held there.

C4tM4N-

You should’ve followed CB’s earnings report not btc. They even drop their earnings report as an nft in your base wallet, if you have one

courtesy_patroll

Yea I guess the question is do they make an offering via Base for 6 figure traders, and is the value of their retail traders worth as much/more. I kinda think so. It’ll Be interesting to see how older institutions handle this. I think Hood and CB eat their lunch. No young adult is opening a Vanguard account to buy stocks. I have one because of my employer a few decades ago and it is horrible.

MariachiArchery

Bro lol, I was literally getting an accounting degree while this was unraveling. I know exactly what happened. But, I did just watch Frontline's new documentary, "The Warning". Fantastic doc. Here: [https://youtu.be/ZZ25uZtey34](https://youtu.be/ZZ25uZtey34) This is worth a watch if this kind of stuff interest you. TLDR: Black box derivative trading, completely unregulated, *insane* amounts of leverage, trades on trades on trades on trades, all insured with swaps... when the underlying assets of the mortgage backed securities started to decline, it triggered a domino effect that had been set up from the 90's. It wasn't subprime lending that lead to the financial collapse, it was the unregulated derivative market that emerged in the 90's, and the massive leveraging that went into that market. The economy could have dealt with the subprime crisis, but the reason it spread to the rest of the market, and the world, was these unregulated derivatives. Anyways, this is in no way like CB's paper loss on BTC holdings here.

MariachiArchery

Again, Coinbase's core business cashflows is strong, very strong. Debt, paper loses, negative financing cashflows, can all be managed. This is fine. And, we see it *all* the time in the corporate world. What we really need to look at is cashflows from operations. Does the companies *core business* generate revenue? If that answer is yes, we are good to go. And, CB makes a bunch of money. They are fine.

cfp-throw

Yeah you’re not wrong overall I just don’t see why anyone creates a coinbase account when they can do it through their existing bank or trading app. Be careful with thinking that CB one means free trades it doesn’t. They simply overcharge you for whatever you’re buying so if BTC is $66k you get to buy it for free at $67k which is very disingenuous of them. For me to do 5 or 6 figure trades on coinbase would cost hundreds or thousands in fees. Or I can use inchain options like hyperliquid or lighter for under $50. I personally like lighter the best at the moment. I keep funds on coinbase to get the good credit card rewards but I’m rethinking that as well. I really like agents on Base but I’m not sure if it’s enough for them to notably love their stock

courtesy_patroll

I disagree that people will move to other options. I’m familiar enough with crypto and I use CB for simplicity. Occasionally metamask or phantom for coins that aren’t listed but sending coins and exchanging for gas isn’t worth it to me. I just pay for CB one and don’t worry about it. I think a lot of people coming into crypto will do the same.  First mover advantage is a thing. I don’t disagree with your argument entirely but I wouldn’t say it kills CB. Idk how stablecoins will shakeout or if it’s even relevant. They recorded a fat paper loss, stock is at a 2 year bottom. Once market comes back they’ll pop right back up. 

southwestern_swamp

That could be astroturfing. No CEX is without flaws, but I use both CB and kraken regularly without issue. Be careful taking up offenses of others. Unless you have witnessed something first hand, probably best to withhold strong judgement 

DD-777

Hi, I'm interested in having my understanding of BTC critiqued, and I made a short document that sums up my understanding and thought about BTC. I would appreciate anyone's feedback on this, thanks. What is Bitcoin? Bitcoin, perhaps even cryptocurrency in general, is simply a chain of digital signatures representing current and previous ownership – of the Bitcoin token, I assume (Nakamoto, 2008). It was developed as a solution to the trust placed in third parties to ensure the legitimacy and validity of exchange of currency via the internet between two parties, ensuring that money was not double-spent on the internet, which is typically easily avoided with physical cash (Coin Bureau \[CB\], 2023; Nakamoto, 2008). In this new system, cryptography and hashing are used to create, secure, and document the exchange of Bitcoin via a network of trusted computers, known as nodes, that collectively ensure that documentation is fundamentally unalterable and decentralized by having them collectively hold more CPU than attackers and outpacing attackers by adding new transactions much faster than attackers can keep up (Nakamoto, 2008). These are hosted by everyday people, and they ensure that the system remains decentralized, which means nobody holds a high concentration of power. The initial issue with digital currencies, also known as cryptocurrencies, was that there was no way to check if a person had double spent their digital mint (Nakamoto, 2008). Nakamoto’s (2008) solution was a timestamp server that timestamped each transaction; published it publicly in a digital ledger; included the previous transactions timestamp as well; and was confirmed by a network of nodes that hold onto copies of the ledger as well – this is known as the blockchain these days (CB, 2020). These would done through a hash, a form of encryption that changes an input (i.e., transaction timestamps and digital signatures) into a solvable but incredibly difficult slurry of letters and numbers (Investopedia, 2025). Bitcoin, also known as BTC or XTC, is now considered a form of digital gold and protection from inflation (CB, 2023). Its value is derived in large part because of scarcity as only 21 million will ever exist; however, it also is valuable because of its security and transactability as it can be, theoretically, exchanged across borders at any time and by anyone with some form of internet connection (CB, 2023; Kelleher, 2025; Nakamoto, 2008). Furthermore, no government owns it so it cannot be devalued by increased distribution (i.e., the government cannot devalue BTC by making more than 21 million), and the limits of the cryptocurrency inherently make anti-inflationary (Kelleher, 2025). Personal Thoughts BTC has been an exciting topic from a personal standpoint as I see its value as a currency that restores the people’s control of money instead of relying in 3rd party institutions and centralizing control. However, despite its decentralization, security, scarcity, and seemingly agreed upon value in the current year of 2026, I remain skeptical because of the lack of backing as nothing other than the digital signature exists when evaluating value. However, one might argue that it does not matter as, despite the lack of any meaningful backing, 20% of all the BTC that will ever be created is owned by institutions; and cryptocurrency has become a topic of heavy discussion in policy and business (BitcoinTreasuries.net, 2026; CB, 2026). However, here’s the real kicker for me, and this is purely a thought on my part. Now, I’m not going to bother to go look it up, but BTC was created primarily because of disillusionment in third-party financial companies and money after the 2008 crash. It was supposed to replace money and remove third-parties. However, in 2026, BTC is incredibly valued in my opinion because people keep putting money into it. The very thing that BTC was supposed to replace has become its backing. Thus, its value is backed by a constantly devaluing asset, and the only reason that it holds any increasing value is because of a collective effort to increase its value by having people constantly put money into it. Its not a hedge against anything, but its hedge like effect will only exist for the people who cash-in before the rest do.

BingoWT

Where are you located? When I first got started, I opened an account with Coinbase. It was an easy to use interface and it as allowed me to get exposure to different blockchains, cryptos, and after experiencing the high fees, I made my way to defi. So same suggestion here. Start with centralized exchange like CB, and then learn as you go from there.

khai0001

That's a good observation. Kraken and CB did a good job of marketing to keep their presence loud on socials.

zendrovia

Lot of bit players ahead of me, CB and Brian Armstrong aren’t going anywhere. I’ve had my shit there since 2021

angelwolf71885

If you bought on an exchange like Coinbase or Robinhood then YES BTC is very traceable CB requires an ID and photo of your face to send coins and you gotta submit the same to get an account and RH requires them to sign up so you can be traced toa specific wallet and the sent to wallet can be tracked from there so even if the coins leave the exchange into “ self custody “ they can still be tracked and tied to you

CakeAndFireworksDay

Contagion via stuff like bitcoin etfs in people’s retirement funds and MSTR. Real money has chased after bitcoin and people expect the CB to step in when real money is on the line lol

watch-nerd

69k on CB

makigarp

Base actually works for a centralised piece of shit. The CB app and the Base app allow for easy on/off ramping and easy access to third party DEX like Uniswap. L2s on ETH have been parasites from the beginning. 

RetiredAvocado

Most large exchanges. You would wire in your money and keep it there. Then you set your nice low bid limit orders. And yes you can send out immediately because they already had your money. If you bought using the noob interface and CB went out to charge your bank, that fiat transaction must settle before CB will let you take out BTC.

masterctrlprogram-

It takes some time for the funds to clear and post - I've seen it take 2 or 3 business days, but it's usually quicker. CB gives you a credit to buy immediately but you still must wait to transfer.

PsychologicalBit803

Agree here but what do you do if you want to sell tomorrow to take profit? I understand there are ways to trade p2p but nothing super convenient. It all ends up back on an exchange for a short period. I use storage and I use CB with added 2fa using a Yubikey. Storage for long term holdings more so. I feel pretty secure overall. At this point if CB were to go under there would be much bigger things going on worldwide I think.

Sin-City-Sinner

Ohhhhh! Ha! I was confused, when OP said they wanted to invest in crypto I thought they meant invest in crypto.com (for context I was just rudely awakened from a nap) so I was about to comment “how do high fees not translate into profit? 😆 Now that I know what you mean OP, first off if you’re looking to make chump change, the fees really matter, either way I hear you, try Kraken, pay the $4.99 / month fee and you’ll get fair fees or sometimes no fees depending on what it is your doing, buying selling trading etc.. I have two I use but the other one I has high fees and is the #1 platform which isn’t hard to figure out, I’m talking about CB.. can’t really tell you why I use it, it WAS my first and until this recent price drop was my biggest source, now I mainly buy through kraken though, if I trade I do it through CB

Auxv297

BTC hit 75,644 on CB about 6 hours ago, so yeah , this guy has imploded & in total shock right now... I've been there years ago, I lost about $45K in Leverage Liquidations across 3 accounts, woke up to $0 balances. I Learned the hard way. I technically could afford to lose it, although it took away much opportunity to grow that 'hard earned' capital, it still hurts to think about. I never borrowed against my capital though, hell no. That's reckless risk that could be life ruining! To go into a loan/borrow/debt situation to gamble like this - that's insane.

JimmyDneutron

Still shows 75,644.15 was the bottom so far on CB

tossaway187acct

What are the fees on CB to purchase and then sell?

rgnet1

>I recommend buying bitcoin from [Strike](https://strike.me/), [River](https://river.com/), [Swan Bitcoin](https://www.swanbitcoin.com/), or [Cash App](https://cash.app/bitcoin). All four of these platforms are reliable and charge low fees. Can you explain? I just looked at each of these company's fee pages. Let's use the $2,000 trading range. Strike is 0.95% River is 1% Cash App is 1.25-1.5% Swan is 1% All of these are up to 100% higher than Coinbase Pro, which the OP claims he was using but thinks there are lower fees out there. Coinbase is 0.4% maker, something not available on brokerages Kraken Pro is 0.25% maker. Both of these get even BETTER when you go upwards of $10k monthly volume. I have no skin in any of these, I'm just baffled as to how you can recommend the first four services for someone specifically asking for fees better than CB Pro.

Captainadvise

Its what it does. If u r a holder and look everyday your nothing but a fool! Dear new investor... https://youtube.com/shorts/kmxuldCbs1A?si=nsIY01L46bTK2CB0

CoolJoeLiam

The low APR might be the sole standout feature of CB (what are the amounts to get that low of interst?) But for low fees/spread exchanges Strike, River, Swan, BitcoinWell are all better and give options on the fees to transfer (often no fee for slower), which highly encourages self-custody imo and shows an honesty about the real blockchain fees (can customize the fee depending on the speed you want it finalized just like you get on good Bitcoin Wallets). Strike offers loans and their App UI and UX are top notch. Kraken is another “full service” exchange like CB but they offer free Lightning transfer that actually works and their Limit orders are a flat 0.25% fee. Once I discovered that I never bought on CB again.

khizoa

Had a similar story with CB, except my free $5 turned into like 300 ish or something. So def not as impressive, but it was like finding a few hundred dollar bills in the couch lol

Sin-City-Sinner

And yea I’m just saying what I’ve used with no issues. CB has stupid fees too but they are #1 for reason. I would definitely recommend Kraken and it’s worth the $ to pay for Pro.

Upper_Celebration_85

Yes. But the robinhood app has a spot to input the cost basis. But only if it was 1 single quantity transferred into it. I do already have the CB for each one. I was just wondering how to put it into RH. Im going to guess that its not an option as its made up of several. Thank you everyone for the assistance.

Revenantjuggernaut

Cuz CB locked my account up multiple times in the first month!!! I was on the phone with support for 4 mornings straight to have them unlock my shit on their behalf!!!! Because I came in an started cracking their skulls!!!! So don’t come at me with that BS!!! I’ve experienced it first hand!!! They will try to lock your shit!!!! Get it off the exchange!!!

Revenantjuggernaut

So my gut for weeks has been like Eeeeethh…. Soooolaaanaaaaaaa….. I had 1400$ of BTC entry of 87k it’s like at little over 90 some and I’m like yeah this bitxh is gonna drop. Then I hear this voice again.. Eeeetthhhhhhh Sooollaanaaaaaaaa. I said fuk it! And I’ve been having since day one this drive to acquire a whole Eth. Mind you the 1000$ my brother gave me. I threw into Eth at a lovely price of 4,400. Staked it on CB and immediately was like wtf did I just do lol. I just got my first whole Eth 95% of it at 2900. I had some SOL dumped it yesterday while it was still in the 140’s so I could finish gettin this ETH coin and tossed it into some low cap web3 things. Got up this morning toser SOL in the 120’s I said thank you Jesus and grabbed me my SOL back at an even lower price then I had before lol I can’t make this shit up man

Necessary_Flounder_7

Yeah, I'd use morpho directly. CB adds a convenience layer on top of Morpho, which also means slightly worse rates. Totally fine if you want the UI, but unnecessary if you’re comfortable using a wallet directly.

GoldmezAddams

No. You can run a node without mining. A node allows you to verify and relay new blocks, as well as transactions in the mempool. If you do not run a node, you are relying on someone else to tell you the state of the ledger and broadcast your transactions. Which is kind of fine for the average user, but you do need some critical mass of node operators. If everyone just used Coinbase's node, for example, then Bitcoin would be whatever CB says it is.

JeffreyDollarz

Good on CB. Armstrong and CB have been a solid crypto ally.

Wise-Ostrich9790

Almost every big bank. Migros Bank for example has 4-7% depending on you financial situation. Our central bank is with the interest rate at 0%. In my opionion 5% is still too high. Mortgages with 2% for 10 years too. But there are other key indicators for loans, not only the CB rate.

Will_Koinly

Clarity bills always end up being a balance between innovation and regs. CB stepping back likely means the draft moved in a direction they felt would restrict things like defi, stablecoins or self-custody more than expected