RE: Big Banks Are Scared!!! Capital One Bans Transactions From Coinbase

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Big Banks Are Scared!!! Capital One Bans Transactions From Coinbase

in cryptocurrency •  7 years ago 

Please check your facts. CapitalOne stopped credit card transactions for Coinbase but normal bank transfers are just fine. Using credit cards for crypto increases lending risks so the decision makes sense.

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That's correct @gimperion, however you can use a credit card to buy anything else including stock, or simply a cash advance which can then be used at a casino. What's the difference?

Actually, I have a checking account with them and they will not permit me to use my money to send it to Coinbase. In my real experience. I've been dealing with this for over a week. If it persists I will close this account.