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Thread: Trouble with Coinbase

  1. #1
    Cyborg Humanoid Brother gashred777's Avatar
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    Trouble with Coinbase

    Fellas,

    For some reason Coinbase has reduced my weekly buying limit using debit card to $50. I literally just used them for a PSL order 6 weeks ago and it was a much larger amount. Anyone running into similar issues? Or does someone have a better recommendation?

  2. #2
    Moderator stevesmi's Avatar
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    that is probably because of your bank. who do you bank with? i would give them a call and see if they are restricting

    another guess is debit card vs. using a transfer.

    also with coinbase the more transactions you do, the more they will raise your limit. i've done enough where i am at 1000 a day

    i have a trick for you, link your paypal to coinbase and then you can move the paypal money over
    Last edited by stevesmi; 06-07-2019 at 08:19 PM.
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  3. #3
    Cyborg Humanoid Brother gashred777's Avatar
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    Quote Originally Posted by stevesmi View Post
    that is probably because of your bank. who do you bank with? i would give them a call and see if they are restricting

    another guess is debit card vs. using a transfer.

    also with coinbase the more transactions you do, the more they will raise your limit. i've done enough where i am at 1000 a day

    i have a trick for you, link your paypal to coinbase and then you can move the paypal money over
    I have a bunch of transactions so no clue why it would do this or if nowhere. Iím going to try the PayPal trick now. Thanks Steve

  4. #4
    Cyborg Humanoid Brother gashred777's Avatar
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    Quote Originally Posted by stevesmi View Post
    that is probably because of your bank. who do you bank with? i would give them a call and see if they are restricting

    another guess is debit card vs. using a transfer.

    also with coinbase the more transactions you do, the more they will raise your limit. i've done enough where i am at 1000 a day

    i have a trick for you, link your paypal to coinbase and then you can move the paypal money over
    This will allow me to bypass the weekly limit and send it immediately Steve?

  5. #5
    EVO V.I.P. P0N's Avatar
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    My bank changed policies and made coinbase basically useless for me as well. I switched to cashapp which actually ended up being faster with lower fees.

  6. #6
    Cyborg Humanoid Brother Nismo99's Avatar
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    You guys should give Bitstamp a try. They are one of the oldest and most established and since they are based overseas, things are just plain easier...they don't have to deal with as much scrutination by the feds and US banking system. I want to say they are a top three exchange as well....been around since the beginning with zero drama. Coinbase is like the "Charles Schwab" of the bitcoin world....inside joke between steve and me.

  7. #7
    Cyborg Humanoid Brother TheChad's Avatar
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    Not sure, mine is 750 daily limit and I havenít used for awhile.

  8. #8
    Cyborg Humanoid Brother gashred777's Avatar
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    Quote Originally Posted by Nismo99 View Post
    You guys should give Bitstamp a try. They are one of the oldest and most established and since they are based overseas, things are just plain easier...they don't have to deal with as much scrutination by the feds and US banking system. I want to say they are a top three exchange as well....been around since the beginning with zero drama. Coinbase is like the "Charles Schwab" of the bitcoin world....inside joke between steve and me.
    Bitstamp for the win! However, not sure if the send was confirmed. I clicked the link in the email, ia there another action to take nismo?

  9. #9
    VIP gearhead's Avatar
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    bro try coinbase...try coinmama...both good..yea a bit wait 1st time
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  10. #10
    Moderator dylangemelli's Avatar
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    there's some good review sites out there as well that you can look around on... its hard to say because there's so many up and down reviews on basically every site

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