As soon as there is a good competitor to Coinbase (which is only a matter of time) then it should explode.
I only used Coinbase for the first week (even though I'm an IT guy) because I didn't understand all the flashing numbers and scariness of the exchanges. Once I got my head around it, it was simple, but it is intimidating. Coinbase is so easy, and honestly, without it I'm not sure Crypto would haven't gotten anywhere close to where it is now.
Do you use Coinbase @sunsquall? I use both it and Bittrex, but I'll be looking to move away from Coinbase once I start putting more money into Crypto...
Yes- I use Coinbase and would use GDAX to exchange and trade. I am not a techie at all. I plan on getting a hardware wallet and should have already done so.
I agree that without Coinbase making it so easy- it wouldn't be where it is now.
Do you have one of the Trezor or Ledger hardware wallets? Please tell me they are super easy and to go ahead and get one. lol.
Yes! Get the Ledger hardware wallet! The Nano S!
I got one on the Cyber Monday sales... and it took a while for them to actually ship it, but once shipped I got it super quick.
It's super easy to set up... I've just got to jump through all Bittrex's hoops to get my coins out. Get a Ledger Nano S! Get one now!!
Thank you! ok- will do! Have a great day!
I bought my crypto at a bitcoin ATM with cash. They charge 5%. You can buy $6000 per month this way. The one in Eugene Oregon sold bitcoin, ethereum, litecoin and dash. Once you have it on your Jaxx wallet you can use Shapeshift to exchange for a wide variety of token/coins. Maybe everyone already knows this but I don't hear anyone mentioning it.
Whoa! That's so close to me... but not quite close enough!
Do you know what the ATM is called so I can look it up? Maybe there is one in Portland.
Great tip!
I just google bitcoin ATM. They are all over.