Post
Topic
Board Web Wallets
Re: Coinbase is silently tracking how you spend you coins
by
TGD
on 16/07/2016, 08:01:11 UTC

Hello,

We are the admin team for https://bitbet.us, and it has come to our attention that Coinbase has silently started tracking how their customers spend the coins purchased on their site.

One of our users what threatened by Coinbase with account closure after he placed a bet on our site.

The implication is basically that Coinbase is now officially in the business of deciding what you can and can't do with your own money.

They've essentially lowered themselves to the level of the likes of VISA and Paypal.

Should you decide to spend your coins on dildos and should Coinbase tomorrow decide that dildos are something they disapprove of, you may face account closure.

Caveat Emptor.



Coinbase is not the only site that blocks users if they find out that their site was used in gambling. Even coins.ph has blocked some members who they found out use their site for gambling use. So the best way is to use blockchain wallet in gambling. Then you can forward it later from blockchain wallet to coinbase.
Agree with you I had many friends  got deactivated by coins.ph
And many had fear to use that local wallet, but if your not use this wallet from gambling I don't see any problem they just strictly in gambling and malicious transaction. so if you want to gamble don't use this wallet use blockchain or other online wallet  that's part of terms in condition just read it first.