How can I buy bitcoin? Fidelity locked down my account when I tried to wire money to gemini. Capital one locked my credit card when I tried to buy on coinbase. It is legal to buy Bitcoin, right? Is it that banks make everything in their power to make it impossible to buy them? I have heard that localbitcoin is a hit or miss.. what other option do I have?
You can buy on Gemini
My problem is I can't get any money to gemini. They lock down the accounts.
Then the only thing I can think of is let a friend buy it for you, you pay him/her. Ask them to transfer it to your personal wallet (ex:coinomi or hardware wallet like ledger nano s). Also, in the meantime I would ask them why it's being locked
Is this real life?
Maybe it’s the fact you’re using credit? Straight bank transfers might be the solution.
Is everyone at Uber shady?
No I’m just trying to help a bro out I don’t work at Uber anymore
CoinBase
Just roll up to Coinbase office with a couple stacks like a normal human being.
Used CO ACH to fund most of my coinbase. For the Wire, you might have triggered AML (anti money laundering). This is common. Takes weeks to get it through, I know, defeats the purpose of wanting to wire money. Some banks also have a bad relationship with crypto. Wells Fargo I think prevented many of their customers from transferring money from coinbase back to their bank accounts.
Haven’t had any issues.
For capital one do you have text messaging or email setup? When they block something that’s potential fraud I can approve with either method and it goes through the second time around.
How does this work, do I need to sign up?
It should be somewhere on your account settings. I was prompted by one of those pop ups on signup like a year ago “add a phone number or email and join our new fraud protection program!”
Why did CO lock your credit card?
I'll call them tomorrow, but google found that this has happened with others too.
They thought it was a fraudulent activity. After confirming it wasn't the cc method started to work. Fidelity is still sitting on my money and asked to call again on Monday.