Current Events > Cryptobros I got a question about Coinbase

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iClockwork 05/31/19 12:16:39 AM #1:	I dabbled in crypto way back in 2013 but haven't touched it since then. I setup a wallet earlier(Electrum) and bought some LTC on Coinbase to transfer to my personal wallet. 2 questions. 1. Ive heard Coinbase has a history of shutting down your on-site wallet if you make a transfer from that account to an unauthorized one. If I send it to my Electrum wallet first they realistically wont take the time look through the blockchain for its ultimate destination right? 2. You really have to wait 11 days to move the currency off site? <cite>iClockwork posted [p:922594233] in Cryptobros... [t:77751744]...</cite> <quote>I dabbled in crypto way back in 2013 but haven't touched it since then. I setup a wallet earlier(Electrum) and bought some LTC on Coinbase to transfer to my personal wallet. 2 questions. 1. Ive heard Coinbase has a history of shutting down your on-site wallet if you make a transfer from that account to an unauthorized one. If I send it to my Electrum wallet first they realistically wont take the time look through the blockchain for its ultimate destination right? 2. You really have to wait 11 days to move the currency off site?</quote> ... Copied to Clipboard!
Krojen 05/31/19 12:26:18 AM #2:	iClockwork posted... 2. You really have to wait 11 days to move the currency off site? Yep. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:922594476] in Cryptobros... [t:77751744]...</cite> <quote><cite>iClockwork posted...</cite> <quote>2. You really have to wait 11 days to move the currency off site?</quote> Yep.</quote> ... Copied to Clipboard!
iClockwork 05/31/19 12:28:47 AM #3:	Krojen posted... iClockwork posted... 2. You really have to wait 11 days to move the currency off site? Yep. I assume this is a security feature? Someone buys a bunch of fraudulent crypto with your bank account and this gives you time to dispute it before its unrecoverable? <cite>iClockwork posted [p:922594545] in Cryptobros... [t:77751744]...</cite> <quote><cite>Krojen posted...</cite> <quote><cite>iClockwork posted...</cite> <quote>2. You really have to wait 11 days to move the currency off site?</quote> Yep.</quote> I assume this is a security feature? Someone buys a bunch of fraudulent crypto with your bank account and this gives you time to dispute it before its unrecoverable?</quote> ... Copied to Clipboard!
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