Many folks start in their crypto journey with coinbase as have I. My experience in moving money and assets from there has been horrible. First off my account had a whitelisting feature enabled when i set it up (possibly my doing on setup thinking that was safe). Here’s the catch and another great aspect about YSL in teaching me these things (about crypto, not coinbase…). In lesson one we learn to use a browser wallet like rabby. I could not complete the lessons because when I added Rabby to my whitelist there was 48 hour waiting period. Then I was advised to deactivated the white list feature entirely, and they put another 48 hour hold on my funds. UGGG 4 days it then took to complete the Rabby transfer of just a few USDC. Never was told this or learned this from CB until after the fact.Here comes the second problem to avoid…..The recent crypto drop caused me to DCA (dollar cost average) my bluechip (than goodness I did - was up big yesterday due to lower cost positions). In order to DCA, I needed more cash. I connected my bank account and transfered cash on Friday, and more on Saturday. All weekend I was having trouble moving my long term assets like ETH to my Ledger hardware wallet (learned this from YSL). I posted tech support posts and threads, reinstalled my ledger software several times, and no one could understand why I couldn’t simply move “MY” assets to “MY” wallet. I considered it was an ETH/Base network issue, bad wallet address…..nothing would work to move an asset Ive owned since I opened the account in nearly 5-8 years ago. I finally sold/swapped my ETH for USDC to make more DCA cash AND took a tax cap gain hit!Today I went to move my newer SOL from DCA buys, and had the SAME problem. I tried calling CoinBase (forget that) if actually need help, and then had to go to a chat window hoping for a human. No way on those high hopes either… I ended up with a chat bot that provided irrelevant answers to my specific questions, but eventually got an answer….BEWARE: The bit said CoinBase had my bank transfer deposits would place my entire account on ANOTHER hold for nearly 1 week!! The money has left my bank and arrived at CB already BUT STILL being held. They said I could transact on their platform, but froze everything I have from leaving CB until late Saturday / early Sunday morning (virtually 1 week). The bot also told me that if i wanted to avoid this I would need to wire transfer money or use a credit card to deposit funds in the future. Im so sick of Coinbase!! Wanted you all to beware of these HOLDS and ask if anyone recommends a better CEX to onboard cash with??Sorry for the rant, but these guys keep stinging me. I dont know what I would do without YSL’s team of experts. So glad I made this investment!!
