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Thread: Coinbase

  1. #1
    Registered User Ondle's Avatar
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    Coinbase

    I bought some ETH yesterday, but after reading all the problems with Coinbase I immediately sold it this morning. Right now there is a withdrawal pending and they haven’t taken money out of my bank. I called my bank and they said to call us when it shows pending so they can put a stop on the transaction. My balance on coin base right now is like $960 USD. I just want my money back. What do I do? I removed bank info from the app too

    I knew I should have just bought from Robinhood
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  2. #2
    Registered User ghostfacedup's Avatar
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    Originally Posted by Ondle View Post
    I bought some ETH yesterday, but after reading all the problems with Coinbase I immediately sold it this morning. Right now there is a withdrawal pending and they haven’t taken money out of my bank. I called my bank and they said to call us when it shows pending so they can put a stop on the transaction. My balance on coin base right now is like $960 USD. I just want my money back. What do I do? I removed bank info from the app too

    I knew I should have just bought from Robinhood
    You're fine dude. The actual withdrawal takes some time, but Coinbase itself let's you trade with an amount immediately. Coinbase is actually fairly legit when it comes to banking stuff...what you have to worry about is the shutdowns and KYC chit.
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  3. #3
    Registered User Ondle's Avatar
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    Originally Posted by ghostfacedup View Post
    You're fine dude. The actual withdrawal takes some time, but Coinbase itself let's you trade with an amount immediately. Coinbase is actually fairly legit when it comes to banking stuff...what you have to worry about is the shutdowns and KYC chit.
    They withdrew as my bank now shows pending. I tried withdrawing my money back but it’s showing $0 available. What do I do here ?
    Last edited by Ondle; 01-08-2021 at 01:59 PM.
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    Registered User ghostfacedup's Avatar
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    Originally Posted by Ondle View Post
    They withdrew as my bank now shows pending. I tried withdrawing my money back but it’s aging $0 available. What do I do here ?
    Wait.
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  5. #5
    Registered User Ondle's Avatar
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    Originally Posted by ghostfacedup View Post
    Wait.
    Wait for what? I’m trying to get the hell out and invest elsewhere. Gonna probably call my bank and tell them to stop any transactions to them
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    I just took out $6k last week from Coinbase no problem. It said zero USD after on Coinbase but it was in my bank account in about 4 days. You will be fine.
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  7. #7
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    Once it clears you're just gonna transfer it to your private wallet anyway. NBD
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  8. #8
    Lettuce be reality Bluestar92's Avatar
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    You sound stupid. Just let the transactions post and be patient.
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  9. #9
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    lol @ trying to dispute charges when these things take time. Coinbase going to go in dry on your ass for fraud if you keep it up.
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  10. #10
    Registered User Ondle's Avatar
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    Originally Posted by Techriding101 View Post
    lol @ trying to dispute charges when these things take time. Coinbase going to go in dry on your ass for fraud if you keep it up.
    Go on Reddit and see the massive complaints
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  11. #11
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    I cashed out 15k on coinbase It usually takes just over a week to get it back into your account. It's been exactly a week to the day but still hasn't hit my bank yet just have to wait it out.
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  12. #12
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    Why would you sell the ETH instead of just transferring it to another wallet?
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    Registered User Ondle's Avatar
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    Originally Posted by Gorillajewshead View Post
    I cashed out 15k on coinbase It usually takes just over a week to get it back into your account. It's been exactly a week to the day but still hasn't hit my bank yet just have to wait it out.
    I’m gonna do it though PayPal
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  14. #14
    Registered User Ondle's Avatar
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    Originally Posted by Vinsanity15 View Post
    Why would you sell the ETH instead of just transferring it to another wallet?
    Gonna buy elsewhere.
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  15. #15
    Registered User Lb54TG's Avatar
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    coinbase is fine bro.

    but when you buy something, it holds those funds in coinbase for 6 days. doesnt mean you cant sell out of ETH or buy something else. Once it clears the 6 days you can then transfer to another wallet.
    The ****tiest thing about coinbase is during high volume the site and app stops working and you're ****d with liquidity

    Robinhood doesnt allow you to buy the actual eth and move it out to a wallet.
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    Originally Posted by Ondle View Post
    I’m gonna do it though PayPal
    You won't be able to transfer to your wallet from PayPal.
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  17. #17
    Registered User Ondle's Avatar
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    Originally Posted by jamalfudge View Post
    You won't be able to transfer to your wallet from PayPal.
    I can withdraw from wallet through PayPal. You can link PayPal for withdrawal only
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  18. #18
    Registered User Ondle's Avatar
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    Originally Posted by Lb54TG View Post
    coinbase is fine bro.

    but when you buy something, it holds those funds in coinbase for 6 days. doesnt mean you cant sell out of ETH or buy something else. Once it clears the 6 days you can then transfer to another wallet.
    The ****tiest thing about coinbase is during high volume the site and app stops working and you're ****d with liquidity

    Robinhood doesnt allow you to buy the actual eth and move it out to a wallet.
    I’m never using the ETH though. I just wanna invest to sell down the line. You can do that with Robinhood. I realize through Robinhood I’m not buying the actual ETH
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  19. #19
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    Originally Posted by Ondle View Post
    Wait for what? I’m trying to get the hell out and invest elsewhere. Gonna probably call my bank and tell them to stop any transactions to them
    lold hard

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  20. #20
    Democrats are terrorists cncman's Avatar
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    for a while people just cancelled the tx or took all their money outta the bank if BTC/ETH dipped during the 3 day transaction time. Truly a legit pyramid scheme robust af
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    Originally Posted by cncman View Post
    for a while people just cancelled the tx or took all their money outta the bank if BTC/ETH dipped during the 3 day transaction time. Truly a legit pyramid scheme robust af
    So they ruined their credit?
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  22. #22
    Democrats are terrorists cncman's Avatar
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    Originally Posted by luckyboy23 View Post
    So they ruined their credit?
    does a 0$ checking balance affect credit at all? especially if they can redeposit cash right after the 3-day transfer limit. It was a legit scam.
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  23. #23
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    LOL ohh the irony. Crypto takes seconds to minutes to send funds. Selling crypto to USD into bank account takes a week or more.

    When I cashed out some from Coinbase it was fine, they are as legit as crypto exchanges get. Be patient brah
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