Best Bitcoin Wallet Which Makes You Earn..

in best •  7 years ago  (edited)

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Coinbase is the biggest Bitcoin broker / exchange around, supporting 32 countries and with more than 4 million customers around the world. Founded in 2012 as part of Ycombinator Coinbase is also one of the oldest exchanges around. Coinbase is a regulated and licensed company.

Coinbase allows users to buy and sell Bitcoins through their bank account, credit card, Paypal account (selling only), and other less known methods as well. Even though Coinbase has started out only as a broker (selling Bitcoins directly to customers), lately (May 2016) Coinbase started operating GDAX – A Bitcoin exchange, where Bitcoiners can trade Bitcoins with one another.

Supported Countries

Coinbase offers its services in the United States, United Kingdom, Canada, Singapore, and the following European countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland.

Coinbase required verification methods

All Coinbase accounts have a wallet the can be used for sending / receiving Bitcoins. In order to open such an account you will need to supply your full name, verify your email address and accept Coinbase’s user agreement.

If you want to be able to buy Bitcoins with Coinbase you will need to supply a valid bank account to allow bank transfers to Coinbase.

Coinbase buying / selling limits

Once your Coinbase account is set up (tutorial later down in this post), you are able to buy a small amount of Bitcoins until you raise your limit. For example, US residents who have a credit card on file in their Coinbase account (as backup) will be able to purchase up to $1000 worth of Bitcoins a week.

In order to raise your limits on buying Bitcoins you will need to supply the following:

Identity verification
Credit card verification
Debit card verification

If you are a fully verified US resident you can reach the highest limit which is currently $50K worth of Bitcoin a day. Limits may also be sent depending on the payment method you choose to buy the Bitcoins with. For example, ACH transfer has higher limits than buying Bitcoins with a credit card on Coinbase.

Transaction Fee Of Coinbase :

USA

Payment Method for Purchase

Effective Rate of Service Fee*

U.S. Bank Account

1%-2%, with a $0.15 minimum

Coinbase USD Wallet

1%

Credit/Debit Card

3.75%

Payout Method for Sale

Service Fee

U.S. Bank Account

1%-2%, with a $0.15 minimum

Coinbase USD Wallet

1%

PayPal

3.75%

USD Deposit Method

Fee

ACH Transfer

Free

Wire Transfer

$10 ($25 outgoing)

Europe

Standard Buy / Sell

Credit Card Buys

Bank transfers (SEPA) – in / out**

1%

3%

Free / €0.15

UK

Standard Buy / Sell

Credit Card Buys

Bank wires – in / out **

Bank transfers (SEPA) – in / out **

1%

3%

N / A

Free / €0.15

Canada

Buy / Sell via EFT

Buy / Sell via CAD Currency Wallet

Bank transfers (Interac)

1% + $1

1%

$2

Singapore

Buy / Sell

1%

Join Link-https://goo.gl/agyNMx
Online-Bitcoin-Wallet-with-Coinbase.png

**some contents are being pulled from google.

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