Coinbase cuts off credit cards for U.S. customers + Erratically charging customers?

in bitcoin •  7 years ago  (edited)

Coinbase cuts off credit cards for U.S. customers + Erratically charging customers?

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Thanks for the updates. Really easy to follow and very informative.

I think Coinbase making the decision to stop the credit card payment option is a smart move. It incentivizes people to transfer funds using bank wires, which in itself leaves more sophisticated traders on the platform. Limiting the options in general assists in making sure uneducated "traders" don't get involved and inflate the market like we saw when Bitcoin hit more of the mainstream news channels.

Excited to hear from Coinbase in the following days. Again, thanks for the updates.

Such things are affecting the usablility of bitcoin, they can relate to massive price fluctuations to an extent. First it was transaction fee being too high. Now this one.