Post
Topic
Board Service Discussion
Re: Coinbase Announces 'Instant Exchange'
by
ebliever
on 17/06/2015, 16:41:56 UTC
Correct me if im wrong, but that basically sounds like a button that automatically sells or buys at market price?

I hope it means they determined that 5 days to get BTC is ridiculous.

basically they are solving a problem that wasn't there with other ways of buying or selling bitcoin(i've never used coinbase, so i don't know if this 5 days of waiting, is true)

Yes, there is typically a 1 week delay for your funds to get from checking to Coinbase. I blame the fiat world for that. Credit card purchases could be done more or less instantly, I believe.