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RE: Coinbase Horror Story. Help!

in #coinbase7 years ago

I send by Coinbase BTC to Mycelium or Jaxx and just spend it if I need it. Gyft has a number of options and Newegg accepts BTC for most purchases. Coinbase has a "Wallet" in the dashboard and the Jaxx wallet has Shapeshift onboard.

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Most of the money I have in BTC but theres like $100 in ETH that I want to be BTC.

Shapeshift basically "jumps" the funds from one blockchain platform to another. I'm using Dash for spending now, it's most like an actual currency. The Jaxx wallet can receive your ETH from Coinbase and convert it to Bitcoin. It appears to "disappear" for a time, so don't flip out.....like I did.🤤

OMG it can? :O That's so cool! And I can do everything with Jaxx that I was doing with coinbase? Cause I will so switch!!

You cannot purchase Crypto with Jaxx, but it is a multi-currency wallet and has Shapeshift on board. Shapeshift is really genius and Jaxx is the first to have it as a feature. Trade with yourself, as soon as a new coin hits Shapeshift.io it is worth investing in general.

Oh I see. :) Any idea for what to use to replace coinbase entirely since I can't use it because they wont let me add any payment method? haha I think someone mentioned other wallets. I will go reread comments now that I am less furious.

Shapeshift does seem genius!! I will definitely keep jaxx and at least it helped me be able to access my ETH. I could sent it back to coinbase as BTC if I wanted just to have enough to buy the PC and monitor and then just look into options for changing my wallet. :)

There are ATMs in my city, but the exchange rate is high. I have not used Kraken, but I am told they accept USD from a credit card. Coinbase really has the market cornered as far as I know. I usually swap cash for BTC straight up with anyone I know in Baltimore MD. People are the best way to get BTC in my opinion, but I only meetup during daylight hours at a local police station.

Yeah I am like super disabled in a city where I know nobody with no car haha so not the best option for me. Damnit coinbase. How do they have the market cornered when they won't even friggin fix this for me so I can buy? ARGH

I have heard about bitquick, but not tried it. Most crypto enthusiasts will come to you. There might be an ATM near you. Baltimore has added 4 or more in June.

Dying to hear how Jaxx worked out, especially after todays cryptocurrency slaughter.....?

@kkugel2 How long does it "disappear" for? XD

Up to 4 hours. I sent a few grand in ETH to LTC the first time......not in tears, but I was sweating pretty hard for a while. Also, you have to back out and "close" the wallet, then reopen it to update it. Still, a solid product.

Yeah I found the PC I need on newegg and plan to spend BTC. The problem is I can't get the ETH out. It won't let me send ETH and I cant turn in into BTC on coinbase because they won't let me sell. XD

Also @pastbastard and @radagast are real life cryptocurrency wizards.....

I signed up and have a jaxx wallet and it seems super cool but can't see how to get my eth from coinbase still. I will try googling it.

Hm...it only let's me send BTC or USD even though I have ETH...

Go to settings and add eth. Add every type of crypto they have! I did.

I figured it out! Thank you so much! Sent you a small token of appreciation. :)

Thanx

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