Post
Topic
Board Group buys
Re: [OPEN] Group Buy #11 220+ ASICMiner Erupter USB (YOU WANTED NEW PRICE?)
by
Swimmer63
on 12/07/2013, 06:05:05 UTC
I have never used Coinbase for buying BTC.  What kind of upcharge do they have?
good prices if they sell the coins to you. my order was canceled  1 hour before they were to pay it.  which means my 286 usd was frozen for 8 days.  4 of which were in the hands of coin base.  funny thing is they saved me money my price was just before the big drop. I was locked in for 92 usd a coin.  the coins were to be  monday the 8th of july. they were ordered june 29th.  

 it was my first purchase ever, but i had used them for sale of coins more then 12 times.  I was pissed they canceled but I used bit instant and got the coins at a better price.  I do not understand why they would cancel a sale at 92 btc a coin when the current price was  77 or 78 a coin.  I asked and was told i was high risk sale .  So I was polite and put in a new order which should be this monday.  the money for the coins is at 80 not 92 so to me they do not make a lot of sense.

Thanks for the review.  That's helpful.  But what do they charge per coin that you purchase?  A precentage, a flat rate??
 



93.74 usd  at 12:50 am eastern standard time is the base

 1% fee is 94 cents  

15 cent bank fee   flat does not change.

so 1% plus 15 cents over the base.

 the base is close to mtgox.    right now 94.51 coinbase  vs 95.01 mtgox

Thanks. Fees are quite low if they are moving to immediate funding.