OMG Coinbase! WTF? "Coinbase now requires full names and addresses of recipients when you send BTC off exchanges from Canada, Singapore, or Japan." Toby of Crypto Tips I hate to be an alarmist, but please watch this video and let me know what you think: https://www.youtube.com/watch?v=chVitWQIm68&t=37s . Yes, the Crypto Tips channel has been against Centralized Exchanges for years, but if there is any truth to this statement, (and I trust Crypto Tips, so there probably is), then Coinbase is going into a very, very dark and nasty place. You now need to whitelist addresses to which you send crypto? YUCK!! Maybe Toby misunderstood a Coinbase announcement? I don't know. I haven't come across any other YouTube channel or website verifying this awful news, so I hope it's not true. But if it is ...... it is strongly in our own best interest to get our coins off Coinbase ASAP!
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5 comments
So that's one way the authorities are trying to control 🤔
Yep. They don't like the freedom crypto gives us.
So withdrawal in coinbase is headache fir the users . I think you should consider diverting other wallet. Yesterday you have a problem of coinbase and now another problem. I thinks its now the time you should change your wallet
Yes, I agree! I have started that process, and just discovered yet another bad trick from Coinbase. If you withdraw more than $300 of a coin at a time, they delay the withdrawal for three days. What a bunch of jerks!
First time i heard about that. Im glad i don't held my assets on coinbase. So you should consider trying another wallet which are fast withdrawal and friendly user.