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by spinlock
4567 days ago
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4 days is very reasonable. My broker settles most trades in 3 days. And, that's for public stocks which have been around for a couple hundred years and are well understood. 4 days is also in line with what credit card gateways will settle in for higher risk accounts. And, yes, bitcoin is high risk. Oldschool guys who still don't like email get to decide what's high risk so bitcoin will set off red flags for a while. That being said, I personally think coinbase should burn some of that VC fuel to bring that 4 days down. They will lose money to do it but they'll gain customers like you who aren't used to a 4 day settlement period. |
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