i must show love to eaglefx for reaching out to me just got an email from them
Dear James,
I trust this email finds you well.
We can see that you have been trading with us but as a courtesy, I wanted to reach out to see if there is anything we can do to help or assist you.
At your convenience, please reply to this email with a suitable time for us to reach you. Alternatively, you can reach us on our live chat which is available 24/7 or via call back request. Kindly note that all details can be found on our contact page.
Additionally, we strongly suggest enabling your 2FA, if you have not done so already. This is an extra layer of security that will keep your information and funds even more secure.
Kind Regards,
Diego
Support
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Coinbase alternatives;
1-)âCashAppâ 
2-) Abra
3-) CryptoCom
4-) Uphold
5-) Gemini â(too slow)â never going to use again.
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Are these FDIC insured? Part of my risk mitigation strategy is about 15% of my trading capital be kept in USD at coinbase pro as a reserve for margin. USD at coinbase pro is insured.
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That wouldnât work for me, might as well park it at the broker. I rarely do any type of deposit from my bank at coinbase pro, itâs always money coming in from brokerâs crypto addresses. So when folks are saying their bank accounts are flagged, it doesnât seem to be because of the addresses the incoming crypto is coming from, it seems more of an issue with their actual bank account. Are they even able to track the source of the crypto address? I suppose I could rotate withdrawals so theyâre not all coming in at the same time, this way if they were to flag the account Iâm withdrawing to, it would be minimal loss. Once again, canât emphasize enogh, SHOULD NOT HAVE TO DO THIS, trading is tough enough!!!
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LOL.
I got almost the exact same word-for-word email from Crypto Rocket:
Dear Client,
We hope that you are well today.
When attempting to call you via phone today, I could not reach you. As you have been trading with us, we wanted to reach out and see if you needed any further assistance at this time.
Please kindly reply to this email with a suitable time for us to reach you or alternatively we do offer a live chat on our website that is available 24/7. On our contact page, you can also see all our details and a call back request form. This form allows you at any time to request a call from one of our dedicated agents.
In closing, we would like to suggest that you enable 2FA on your account. You can activate this by clicking onto your account and heading to âSettingsâ. Should you encounter any issues in enabling 2FA, please do not hesitate to contact us where we will assist you in setting this up.
We hope that you enjoy the rest of your day.
Best Regards,
Mara
Support
(BTW, Iâm a lurker here in BabyPips, been trading for about 5 years, been offshore for 5 years, thanks to everyone for maintaining this thread with good information)
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They have always been able to track sources of crypto addresses. This has always been the biggest problem with US regulations and Coinbase.Or any other US regulated broker for that matter. Thereâs a chap who had his account frozen because funds were sent from his Wasabi mixer wallet. People sending from different mixer/tumbler services sets off flags as well. I guess If running into problems, one could always show transaction log from the broker to show source.
Even tho CB is âregulatedâ, doesnât mean crap if they have free will to freeze funds without recourse. If it was a bank you would have the option to call or walk in and dispute. One of many reasons why I am slowly progressing to 100% trading futures.
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Yes, but then they win. Futures doesnât have nearly the flexibility, profit potential or nearly as many instruments(currency). I trade mostly crosses, there is literally no liquidity on those.
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Thanks @TraderO. Agreed about Gemini. Very slow and I think they use bots for tech support. Worst experience ever.
Cashapp has a lot of mentions here, so Iâm going to try that.
I was in the middle of getting Uphold running when I saw this message. Maybe they will be a good alternative. Anyone here actually using them?
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Yeah crosses are pretty thin. Since the market crash been mostly trading DOW and gold on occasion. All the offshore peeps seems to have decent offerings for DOW but am starting to use futures account more and more.
I honestly donât see US regs loosening on crypto anytime soon. So far itâs been a one way street with players exiting the market and more restrictions added.
If and when major banks adopt direct acceptance and processing then that will be a watershed event. But as it is, jumping through hoops and crossing your fingers is getting old.
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The only option I would consider in the US, is the forex dot com DMA offering, but theyâre charging $6 each way in commission, so double what I pay now, and of course, due to the low leverage my entire capital would have to be on deposit with them for margin. Theyâre pretty big, so not too concerned, but still have no gold, indicies, 20:1 on GBP, etcâŚ
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So are you having any issues with broker>coinbse pro> your bank? Is this just an issue when trying to initiate a deposit? Or is your account flagged for withdrawals as well?
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no i was saying coinbase pro took my daily bank transfer from 50k to 0. i donât know why.
i been using coinebase for my broker withdrawal then paypal from coinbase because upto 25k itâs instant
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Oh wow, wasnât aware. So coinbase pro to paypal is instant as opposed to the up to 24 hours from coinbase pro to bank account? So with eaglefx and then uisng paypal, you are from broker to money IN YOUR HAND in like 30 minutes?
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hold on, i get my bitcoin address from coinbase not coinbase pro to do my withdrawal from my broker, after my bitcoins comes in i sell them on coinbase after that i send USD to my paypal account witch is instant and from there i do another instant transfer to my bank from paypal for a max fee of $10
this hole process takes less then 30minutes after i get my bitcoins from eaglefx witch sometimes can take 2hrs
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in about 3hrs i can have 25k in my bank account with eaglefx and cryptorocket same day withdrawals
EDIT: sometimes withdrawals from broker can take upto 12hrs but most of the time itâs under 4hrs
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Any reason youâre not getting address at coinbase pro for broker to send crypto to? Or can you not withdrawal from coinbase pro to paypal? I only ask as I go broker>coinbase pro>bank account. Always looking for a more efficient way. However, this process cost me nothing
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you can only do ACH and wire transfer with coinbase pro
yes the ACH is free but what im paying is very small so i have no problem with it
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OK, that was my reasoning why you were using coinbase. I use the ACH with pro, itâs pretty quick, if I initiate in the morning, itâs usually same day.
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yes i see, but i look at my ACH bank transfer itâs at zero on coinbase pro, i need to contact them to see whatâs going on, im only allowed to do wire transfer
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