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re: I opened a Coinbase pro account last week and they deposited $5 of Bitcoin today - free

Posted on 1/10/21 at 11:21 pm to
Posted by lsu777
Lake Charles
Member since Jan 2004
31441 posts
Posted on 1/10/21 at 11:21 pm to
Coinbase is an fdic insured bank, no different if doing a wire transfer from chase to capital one and giving your account info. CB just allows the buying of crypto
Posted by Weagle25
THE Football State.
Member since Oct 2011
46216 posts
Posted on 1/10/21 at 11:31 pm to
quote:

Coinbase is an fdic insured bank, no different if doing a wire transfer from chase to capital one and giving your account info. CB just allows the buying of crypto

I’ve never given my login information for any wire transfer.

Like I said though, if you back out of that option they give you a better option of giving them the routing number and account number. Then you confirm two deposits they make. Think it just takes longer which I’m fine with. This option is normal to me. The other is not.
This post was edited on 1/10/21 at 11:34 pm
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