I wasn't active this past few days like what I'm normally are. I'm trying to sort things out regarding my Coinbase account. I wasn't at peace but I'm trying to be calm.
What happened?
I opened two accounts in Coinbase. One for me and one for my husband. Everything was perfect. Our account was verified and able to buy BTC, BCH and ETH through our card.
I was so excited because I want to show my husband that Cryptocurrency is real and that we can make money on it. I told him just to give it a try and see for himself that I'm right although I'm still new in this whole thing and him knowing nothing and don't believe it at all.
And so we start buying and triumphantly gain £250 on 1 account just for Bitcoin. In just three weeks!!! Which bank could give us that?
So I want to see how we convert it to GBP.
And to my surprise/dismay, I'm not able to sell. So I message the Coinbase support and after days and days, I got a reply.
What do they mean about that? I don't understand at all. What during sign up? Sure I got a withdrawal limit.
But since I cannot do anything about it I just have to think of how can I get our money out of coinbase. And I have two option. I opened an account in crypto.com and Binance. Opening an account is pretty smooth and KYC approval was fast.
I ask and maybe annoyed people asking for advice and guidance on what can I possibly do. All I want is,
Get my money out of Coinbase. Transfer it to a platform that I can trade and can convert it to GBP and withdraw it in my UK Bank whenever I want. That's it!
Thank you @scottcbusiness from the telegraph group last night. I gathered some info and advice. @Eybyoung and the rest here @MoreGainStrategies, @Monolith and @CryptoWordsmith for your advice and hearing me out.
And most especially to @PVMihalache as he walked me through and I was able to sort it out and try to withdraw in Binance.
Thank you for the patience and guide me step by step and answering all my stupid question.
So how we sort it in binance? I try a small amount to see if it will go through my bank.
From BCH I convert it to BNB and then sell it to GBP and withdraw it through bank transfer with just £1.50 fee and I'm cool with that. And voila! For less than a minute I received a notification in my bank that I received it! It was fast I can't believe it!
I can move on now with Coinbase. Thank you, everyone. And maybe it could help someone in the future. Before you put money to make sure you can withdraw it!
Cheers!
I have the same problem! I have some money on Coinbase acc for more than two years, but few days ago when I tried to withdraw from Coinbase on some other wallet, just didn't succeed.