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Forum » Crypto.com or coinbase?
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Thread: Crypto.com or coinbase?

post 1651500393 11-25-2021, 07:07 PM
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  1. TryingBB
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Crypto.com or coinbase?

Which one? First time buying crypto…
**^^ gone ^^**
post 1651500463 11-25-2021, 07:09 PM
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  1. SouthDakotaBrah
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Crypto.com does not have an exchange for US citizens, in case that affects your decision (I believe they want to release one sometime in the next 6-12 months, but nobody really knows)

Coinbase Pro is what I recommend due to low fees. Wait the 5-10 day holding period after buying, and then transfer to your regular Coinbase wallet (or Crypto.com wallet which is promising due to it's Earn feature that allows you to earn 5-10% APY while holding your assets)
post 1651500493 11-25-2021, 07:09 PM
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#3
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pen island . com
see sig
post 1651500653 11-25-2021, 07:14 PM
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  1. jamalfudge
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If only there was a mega thread in bb.com that outlined the basics in the OP...
#
post 1651500753 11-25-2021, 07:15 PM
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#5
  1. GaryCarnivals
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gemini. you're like 2-3 years late to the party though
post 1651501133 11-25-2021, 07:26 PM
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So just having a coinbase or crypto.com account is not enough? I need a wallet app also? What the fuk is this fukery? Feeling old as if I’ve been watching movies on a VCR and all of a sudden I wake up to youtube and Netflix.

Fuk me
**^^ gone ^^**
post 1651501193 11-25-2021, 07:27 PM
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Originally Posted By jamalfudge⏩
If only there was a mega thread in bb.com that outlined the basics in the OP...
Pls post the thread. Aware me. Reps
**^^ gone ^^**
post 1651501883 11-25-2021, 07:41 PM
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Originally Posted By GaryCarnivals⏩
gemini. you're like 2-3 years late to the party though
That's what everyone said when btc was at 20k. And I thought the same and never bought into it.
post 1651502113 11-25-2021, 07:48 PM
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Originally Posted By TryingBB⏩
So just having a coinbase or crypto.com account is not enough? I need a wallet app also? What the fuk is this fukery? Feeling old as if I’ve been watching movies on a VCR and all of a sudden I wake up to youtube and Netflix.

Fuk me
As retarded as it sounds, Coinbase has three apps: Coinbase, Coinbase Pro (no, its not a paid version), and Coinbase Wallet. Coinbase and Coinbase Pro each have their own wallet (separate from Coinbase Wallet).

I use Coinbase and its fine, it works and has relatively low fees. But it is confusing to explain to people and that slows down mass adoption of crypto.
post 1651502543 11-25-2021, 07:58 PM
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We 2017 all over again boyos
Coincel
Florida crew (lol at coldcels)
post 1651502933 11-25-2021, 08:12 PM
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top signal
post 1651503293 11-25-2021, 08:22 PM
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bittrex has lower fees, bitstamp and bitgo are good too.
post 1651515553 11-26-2021, 05:24 AM
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#13
  1. jamalfudge
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Originally Posted By TryingBB⏩
Pls post the thread. Aware me. Reps
https://forum.obnoxiousbrutes.com/showt...hp?t=180827293
#
post 1651515613 11-26-2021, 05:26 AM
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For you OP I would recommend Mt Gox
post 1651516753 11-26-2021, 06:05 AM
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#15
  1. JoshSP1985
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Originally Posted By TryingBB⏩
So just having a coinbase or crypto.com account is not enough? I need a wallet app also? What the fuk is this fukery? Feeling old as if I’ve been watching movies on a VCR and all of a sudden I wake up to youtube and Netflix.

Fuk me
It all depends what you want to do.

Different exchanges have access to different tokens and they can hold and secure your coins for you. Depending on the exchange you may need to be on multiple to get access to the more obscure tokens. Kucoin for example has a lot of small market cap tokens (think earlier investment opportunities).

If you want to use a decentralized exchange where you can swap tokens for another and really get access to the obscure stuff you'll need your own wallet like Metamask which allows you go to to websites like Uniswap and swap for things which usually means buying ETH on an exchange, sending it to your MM wallet and then swapping it for something else.

Then there are NFTs that you can buy on NFT exchanges and hold in your personal wallet.

Then there are different staking opportunities which basically means locking your tokens sometimes for a forced period of time to earn rewards.

Then there is crypto loaning/borrowing/futures/etc
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post 1651516803 11-26-2021, 06:07 AM
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#16
  1. Techriding101
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most people have multiple centralized exchanges / fiat ramps that they use. I use coinbase, crypto.com and a few other centralized exchanges. I also keep 90% of my funds on a self-custodial wallet so I can interact with decentralized finance where the real money is made.
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