01 Dec '12, 12am

Joe Cascio - Review of Coinbase #bitcoin

Joe Cascio - Review of Coinbase Joe Cascio (@JoeCascio ) describes in a blog post reasons why Coinbase is reporting an “overwhelming response” to their wallet and exchange service. Excerpts: “I have found it to be the simplest, lowest cost, if not the fastest alternative for online purchasing I have tried.” - “They use convenient and very low cost ACH transfers to withdraw money from a bank account you designate to buy bitcoin, or into which to deposit money when you sell bitcoin. Because of the ACH transfer, it currently requires a US bank account.” - “When I input an order to buy, I’m told exactly how much will be deducted from my bank and I’m notified by email when the order completes. I can monitor the progress of the order on the site and even cancel uncompleted orders if necessary. There are no flaming hoops to jump through, no other ‘surprise’ services or fees invol...

Full article: http://www.bitcoinnews.com/post/36910746380/cascio-coinba...

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