Coinbase is a pure scam.
So here is the story. Last month I tried to pay nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac for his design. I never owned any bitcoins before so that I need a way to buy some bitcoins. I opened a Coinbase account and put some money in it. Then I have to transfer this money to Coinbase wallet so I paid roughly 5 USD fee. Then I want to buy bitcoins but then it’s KYC so I can’t. Then I wanted to withdraw my fund. Paid another fee. Why Coinbase doesn’t pop up the KYC before I add money to it?
I spent 10USD for nothing. Pure scam. I did find another way to pay nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac but it’s a different story.
It’s called shotgun KYC and your story is exactly the reason why they do it. They milk people for a few bucks here and there, and hope that most of them will value a few bucks and some time spent on opening the account higher than their privacy.
Avoid the creep!
This resource by nostr:npub15c88nc8d44gsp4658dnfu5fahswzzu8gaxm5lkuwjud068swdqfspxssvx is a must-read for everyone!
Their behavior should be illegal
