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Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
I tried to use coinbase to purchase bitcoin (to buy N from D), but made the mistake of funding from a bank acct so I can't "send" bitcoin for almost a month. I can't buy more because there is a cap (for who knows how long!) on how much I can buy. Does anyone know any other sources to purchase and send bitcoin instantly? My other plan is to try an ATM but I've never done that either and it will be a few days before I can get to an ATM...
 
S

summers

Visionary
Nov 4, 2020
2,493
I tried to use coinbase to purchase bitcoin (to buy N from D), but made the mistake of funding from a bank acct so I can't "send" bitcoin for almost a month. I can't buy more because there is a cap (for who knows how long!) on how much I can buy. Does anyone know any other sources to purchase and send bitcoin instantly? My other plan is to try an ATM but I've never done that either and it will be a few days before I can get to an ATM...
Cashapp. I've been using that much more than Coinbase lately. Seems like fees are lower, and everything is processed immediately. As soon as you get a confirmation, you're good to go.
 
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Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
Cashapp. I've been using that much more than Coinbase lately. Seems like fees are lower, and everything is processed immediately. As soon as you get a confirmation, you're good to go.
Thanks for the recommendation. I can't see how you can send it using a Bitcoin address...
 
S

summers

Visionary
Nov 4, 2020
2,493
Thanks for the recommendation. I can't see how you can send it using a Bitcoin address...
Here's the step by step:
1. Click on the BTC Icon
Screenshot 20220205 211222

2. Click on the send button:
Screenshot 20220205 211055

3. Click on the scan button:
Screenshot 20220205 211110

4. You already need to have the address in your clipboard. Click on the paste address button:
Screenshot 20220205 211118
 
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Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
S

summers

Visionary
Nov 4, 2020
2,493
Maybe you need to verify your account.

The ATMs will work for sure, but fees are upwards of 20%.
 
Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
Maybe you need to verify your account.

The ATMs will work for sure, but fees are upwards of 20%.

@Intelligent_Panic99 PM me.
Thanks. I am pretty sure I verified it. :( I'll try something else.
 
BrokenBliss

BrokenBliss

Invisible. Apparently.
Jan 11, 2022
522
I tried to use coinbase to purchase bitcoin (to buy N from D), but made the mistake of funding from a bank acct so I can't "send" bitcoin for almost a month. I can't buy more because there is a cap (for who knows how long!) on how much I can buy. Does anyone know any other sources to purchase and send bitcoin instantly? My other plan is to try an ATM but I've never done that either and it will be a few days before I can get to an ATM...
Why did you have to wait for a month? Is that your bank's policy?
 
Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
Why did you have to wait for a month? Is that your bank's policy?
No it was coinbase's policy! So basically my money is sitting there until the end of the month and then I can cash out. I ended up using CashApp, there was some difficulty, but it ended up working well.
 
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Lost Magic

Lost Magic

Illuminated
May 5, 2020
3,201
I setup to buy from D recently and went to make payment but stupid coinbase set me a weekly bitcoin limit. I had no clue there was a cap, so I had to send an email to ask if I could pay him next week instead. No reply, but I am hoping this hasn't pissed him off because I want to go ahead and buy N next week. What a nightmare. I feel like crying.
 
S

summers

Visionary
Nov 4, 2020
2,493
localbitcoins?
Not what it used to be. You used to be able to find people for face to face transactions on there, but they took that away a long time ago. Now, you have to use facebook or craigslist to find people for ftf.
 
dreadpirateroberts69

dreadpirateroberts69

RRREEEEEEE (she/her)
Nov 4, 2021
278
Gemini was what I used as it is the only one where you don't need to show a state id or driver's license (I don't have either). It was also very easy to use, but the downside is that you have to wait about 24 hours to send the money after you deposit it into the app, and in that time it could go down so much that you have to make another deposit and then wait more in order to have the correct dollar amount in bitcoin. I had to do this several times. Very stressful and annoying.
 
BrokenBliss

BrokenBliss

Invisible. Apparently.
Jan 11, 2022
522
No it was coinbase's policy! So basically my money is sitting there until the end of the month and then I can cash out. I ended up using CashApp, there was some difficulty, but it ended up working well.
Wow, that is unreal. What's the point of them then, huh. Well, I want to tell you that you saved me from getting into the exact same position, so Thank You! May I send you a DM for a question?

So question for anyone who knows --- If I buy btc with CashApp and want to make a purchase, do they 1) have any wait period before you can access, and 2) do they have a cap on maximum amount you can use at one time. These seem to be the issues people are running into.
 
Last edited:
Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
Wow, that is unreal. What's the point of them then, huh. Well, I want to tell you that you saved me from getting into the exact same position, so Thank You! May I send you a DM for a question?

So question for anyone who knows --- If I buy btc with CashApp and want to make a purchase, do they 1) have any wait period before you can access, and 2) do they have a cap on maximum amount you can use at one time. These seem to be the issues people are running into.
Of course DM me. I struggled with technical issues with CashApp so I ended up depositing cash at a 7 eleven so I could use that right away. (Cash app gives you places where you can deposit cash on the app) They only charge $1 for this. I believe you can also use a debit card deposit right away too but I think my bank may have been blocking the app or I had some unspecified issues. Not sure but could never get a bank deposit over $10 to work. The daily maximum for cash is $500 deposit per day. Other than that I am not sure of any other maximums. Hope that helps!
 
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Midgardsorm

Midgardsorm

Paragon
Apr 28, 2020
917
Have you passed the id verification?

Don't tell me Coinbase is one of those wallets that limits your transfer because you don't have gold, diamond, vip, w/e membership ...
 
Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
I passed verification. I don't really understand the hold at all.
 
lmon

lmon

Specialist
Jan 9, 2022
326
No it was coinbase's policy! So basically my money is sitting there until the end of the month and then I can cash out. I ended up using CashApp, there was some difficulty, but it ended up working well.
Isn't the limit for cash app 250 per week?
 
G

Graytaichi

Wizard
Feb 14, 2022
606
Will N pass the customs, is it a scam . There is too much downside
 
JustAMatterOfTime

JustAMatterOfTime

Fragile
Mar 21, 2021
905
Coinbase got mad at me and demanded ID (again I think), wouldn't let me send money and can only buy £500 worth on Luno, annoying.
 
Midgardsorm

Midgardsorm

Paragon
Apr 28, 2020
917
Coinbase, Binance, MetaMask.

I simply can't use any of them. They all refuse my ID I think it's because it's too old.
 
Intelligent_Panic99

Intelligent_Panic99

Student
Jan 4, 2022
114
Isn't the limit for cash app 250 per week?
It was $500 for me - I was able to deposit $500 in cash at a local gas station. I think it was per day.
 
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