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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,205
My Ether is 1 CME Contract, so no option to reduce size or scale out! Been meaning to open a coinbase account but I hear so many bad stories about customer service and in withdrawing funds I've not done it.
I've been with Coinbase a pretty long time and never once had an issue. I use it quite regularly for transactions, primarily selling and cashing out, occasionally swapping to different coins. Once in awhile buying but not often.
The Coinbase subreddit on Reddit is plagued with people complaining, but I think it's a classic case of people who are having issues complain, people with no issues have no reason to say anything. (not saying thats where you saw the negative experiences but I get what you are saying).
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,205
Thanks @cdnftrstdr. The two big complaints I am concerned about are 1) limits on the amount of funds you can withdraw per day and 2) the inability to talk to CS/a real person if there is any type of problem at all. Can you address either in more detail.
Unfortunately I'm probably not much help on either front. As for customer service, I can say I've never once had an issue to where I had to contact them, so no experience on my part.
As for limits on funds you can withdraw, again I haven't run into the issue. I'm not moving millions, I'd say the largest withdrawal any given day was $5K give or take. From what I know, they are kind of like PayPal when it comes to accounts and limiting them. You can't go in as a brand new user and start firing off huge transactions or it'll look suspicious. Once you verify your account though and have some history you should be good. I attached as an example the limits that show on my account. I pretty much always withdraw via PayPal anyways so I haven't bumped into the $25K daily limit on my account, unfortunately. As well there's a button to apply to have my limits increased if needed.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,205
Thanks @cdnftrstdr. When I first looked at that I was "see there's the problem, max $1000 Bank Transfers per day. That is ridiculous" but just 3 rows down it says "Unlimited Wires" so I don't know what people are complaining about.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,205
EVERYBODY charges $25 for a wire.
A (private) stock I own just was just compulsory purchased, the settling agent charged me last week $65 to wire me the funds!
Instead of taking the mobo out of case decided just put the case underneath. Less work, same results. There is enough room for 3 more cards. If I can get a card at retail I will add otherwise this is good enough for now.
Update: took some of my payouts and invested it in MATIC, ADA and XLM. Sold most of it this week and used the proceeds to pay off my first 2 video cards. The last card was part of a computer system however the retail on the card is around 500 to 600. If ETH holds above 3K it should be paid off in about 3 weeks.
The plan going forward is to keep investing any mining payouts into different crytpo investments. It will be interesting to see what happens to ETH once EIP 1559 hits in July. May have to start mining other coins.
