Unfortunately, it's not working this way for all users currently. Tried myself. It'll be nice when it does work though.
RE: News to Note - Coinbase just announced instant bitcoin, ethereum and litecoin purchases
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News to Note - Coinbase just announced instant bitcoin, ethereum and litecoin purchases
Yeah, it looks like it's not quite activated for all users but will be soon.
Also, I generally just immediately transfer my funds over to GDAX to place my order so I don't incur fees. That's likely not going to be changing so if you want to take advantage of this you'll have to pay the crazy Coinbase fees.
Still, nice to know it's an option when you see a crazy good buy opportunity.
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Are there any other exchanges that can I deposit USD without a wire transfer and get it done immediately?
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None that I know of. I'm in Washington state though and we're highly regulated. Coinbase is the only exchange that still operates in our state.
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