Quote from: Bencus on March 14, 2018, 12:58:30 PM

Quote from: Cryptocucumber on March 14, 2018, 09:42:53 AM

I went to order ethereum from from bank account and it took 7 days. I ordered $1000. And when the order went through today coinbase is showing I only have $740 worth of ethereum. Coinbase is getting annoying now with taking forever to do transactions and the high fees along with the IRS tracking everyone on coinbase defeating the cryptocurrency decentralization aspect. I'm just mad I lost $260, I'm assuming the ethereum was "bought" 7 days ago and the price went down which is bs because it should I gaurentee you if I bought ethereum 7 days ago and the price triple then I wouldn't have $3k in my account.

Somebody change my mind and make me like coinbase.

Coinbase can have high fees, and it depends on how you made your order, but it is certainly not a scam.
However 25%+ fees sounds really bad, too much. Maybe you should connect your bank in this issue.

However, I made a transaction from my bank account once, and boy the fees were high. Also, it took plenty of days aswell. So I believe the fees are high because of your chosen method of payment, I believe its because of the transactions between the banks, not because Coinbase's internal system or fees.

You can find information about Coinbase's fees here:
https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees
Any fees higher than that are caused because of the banks, you should hate them, rather than Coinbase.

This would really be connected on Bank fees but talking about 25% deduction on overall transaction then it is already high and not tolerable and should really be complained if this is the case.I haven't tried out to make buying out coin direct on coinbase from my bank.If op did make transaction on where ETH was still on high price and it did drop after 7 days which his coin being credited and have such deduction it wont really still considerable on having this kind of big deduction to the entire amount.The best thing for now is to contact support of coinbase and ask regarding this issue.