So is bitcoin the new netteller?

[raiders72]

Has coinbase cut limits? I can only buy $400 from my debit card and 5K from checking. Is there a site with higher limits?

With Coinbase go to the verification page to see your limits by each method. Limits seem to be different for everyone. You should be able to purchase a lot more from Coinbase depending on verification.

Gemini is a nice site with low fees but they also have low limits. Cash App is another good site to purchase with limits of $2500/day.

 

[terps1313]

With Coinbase go to the verification page to see your limits by each method. Limits seem to be different for everyone. You should be able to purchase a lot more from Coinbase depending on verification.

Gemini is a nice site with low fees but they also have low limits. Cash App is another good site to purchase with limits of $2500/day.

Thanks. I don't know what happened with coinbase as I've purchased a lot more then that in the past via debit card. I was directed to coinmama who has a 5K limit on debit card. They seem solid?

 

[terps1313]

Forgot to mention I went through all the verification on coinbase and my debit card purchases were still max'd at $400.

 

[raiders72]

Thanks. I don't know what happened with coinbase as I've purchased a lot more then that in the past via debit card. I was directed to coinmama who has a 5K limit on debit card. They seem solid?

They're solid but the fees are very high.

 

[terps1313]

Bookmaker has covered all fees associated. I asked BOL if they cover fees and they tell me there are no fees associated with bitcoin. What exactly are they talking about? There are fees for every transaction.

 

[The Greatest One]

What was bitcoin price when every book started heavily suggesting that as deposit and withdrawl method

 

[raiders72]

What was bitcoin price when every book started heavily suggesting that as deposit and withdrawl method

I'm not sure exactly when all the books were suggesting bitcoin, but bitcoin books opened in 2011. The price was around $1 back then. Pennies in 2010.

 

[raiders72]

Bookmaker has covered all fees associated. I asked BOL if they cover fees and they tell me there are no fees associated with bitcoin. What exactly are they talking about? There are fees for every transaction.

The only fee for bitcoin transactions is a miner's fee. I paid 10 cents for a bitcoin transaction today. It's very cheap right now but it does fluctuate.

 

[Defying]

The only fee for bitcoin transactions is a miner's fee. I paid 10 cents for a bitcoin transaction today. It's very cheap right now but it does fluctuate.

i get fees from coinbase for buying, big fees, sometimes i was getting a foreign transaction fee from my BofA too. I'm assuming that's what they are talking about

 

[terps1313]

i get fees from coinbase for buying, big fees, sometimes i was getting a foreign transaction fee from my BofA too. I'm assuming that's what they are talking about

Exactly. By the time the money has hit my bank account I have paid a large chunk in fees. A $2K withdraw ends up being closer to $1900 for me.

 

[Jstack34]

W/D of $1,550 and ended with $1,510. Not horrible and very quick so I cant complain