Silk Road forums
Discussion => Newbie discussion => Topic started by: gardener55 on January 19, 2013, 10:11 pm
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:) First I want to say that I am very glad that there is a page for Newbies, Big Thank-you to Scout. Second I was wondering if anyone has ever used the company "Coinbase" it does money transfers right out of your bank account into a wallet. It is on the SR list of reputable dealers of Bitcoins. What has your experience been like using Coinbase? Are there other US bitcoin dealers that do electronic transfers from the bank? Thanks for any info
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easy and pretty fast--although new accounts can take a couple of days to approve
also on the site they say they will limit you to 10 buy/sell a day until you get additional verification which is nothing to do--then they'll up that limit--but even if you transfer more than 10--they will take it and give you proper credit.
the bitcoin buy/sell price is not the best i've seen-but they make it too easy to do, so you might want to bite that bullet
also sucks that they take one week to buy your first bitcoin transfer from a wire transfer--they say that is a one time thing tho
i'm stoned so the run down is
1.easy set up for account
2.easy gui/interface that is user friendly
3.easy/fast cash deposits to your coinbase account
4.fast transfers out of your account
edited to add an important note
1. coinbase is not an anonymous source of funding for btc purchase-
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Thank-you for taking the time to answer, appreciate it! and now I know it's legit.
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