Crypto experts please answer-

Jan 4, 2018 9 Comments

I am sorry if this has been asked before but I couldn’t find any answers-

1. My coinbase account was fully active and available for trading 10 mins ago. However I see the bitcoin price on dashboard as 14973.25 while when I click on buy the price says 15085. Why?

2. My binance account was activated yesterday, how do I buy ripple? Should I buy Btc in coinbase and then transfer to binance?

3. I did not transfer any funds to coinbase as such but my bank account is linked and it says my purchase limit is 10k, does it mean the moment I purchase here it will automatically withdraw 10k from my account?

4. Finally let’s assume I buy it for 15085 but when I click on sell tab it shows sell at 14839. Well it’s loss already..

Any advises crypto experts?

Thank you


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TOP 9 Comments
  • Microsoft maverickk
    Never use Coinbase to buy. Use gdax instead to avoid fees. Gdax is also owned by Coinbase so you'll use the same creds to login.

    This is a lesser known fact and Coinbase didn't advertise this for obvious reasons
    Jan 5, 2018 0
  • VMware / Eng nonamehere
    Price is based on bid/ask.

    Use ETH to buy your ripple. Buy eth on coinbase. Transfer to binance, convert to ripple.

    No, you’ll only fund what you enter.

    If you buy at 15100, and sell is 14800 the price has dropped?
    Jan 5, 2018 3
    • Uber / Eng

      Uber Eng

      Coinbase pockets the bid/ask spread
      Jan 5, 2018
    • LinkedIn jqTf51
      LTC may be your best bet to transfer currently. It has been pretty stable over the last few days
      Jan 5, 2018
  • Facebook vso
    Go with gdax. Buying from exchange means you get coins right away instead of from coinbase which takes a week after buy order.

    Go with eth. Reason is because transfer time to different wallet is much faster (eth around 15 min vs BTC around 60-120min). And fees for BTC is around $20-$30 to transfer, though gdax does free transfers I believe.

    Buy order screen is different because price moves and coinbase is trying to keep up every few seconds.
    Jan 5, 2018 2
    • OP
      I tried but it says insufficient funds...
      Jan 5, 2018
    • Facebook vso
      What? That doesn't make sense unless you're not maxing out amount while doing market order (you didn't account for fee). Do limit order and check the "POST" in the options.
      Jan 5, 2018
  • SanDisk ArpV54 allows USD/EUR to XRP transactions. Commission is high..but if you just want to quickly get in and hold for a long time it’s fine.
    Jan 5, 2018 0


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