Post
Topic
Board Exchanges
Re: Does anyone use Bitpay?
by
Flickspeed
on 14/01/2018, 23:13:05 UTC
Bitpay wallet is a total scam!!! They claim to have integration with coinbase, and offer to buy bitcoins using a higher exchange rate from coinbase than you would if directly buying at coinbase. So Anyway I thought by buying through bitpay integrated system and paying the premium would save me from paying a transaction fee to transact the bitcoins from coinbase to bitpay. I double checked the amount of bitcoins I would be receiving, now after actually going forward with the transaction and buying the bitcoins I ended up receiving an amount of bitcoins MINUS the transction fee anyway. Basically a MUCH lower amount than claimed by their app prior to buying them!! Total scammers. Ruined my purchase. I was no longer able to purchase the product I wanted because I was short of bitcoins. Now I need to transfer bitcoins again to the darn bitpay wallet and pay the network fee again to buy the items I wanted.

What a scam.