‼️Beware of COINBASE hidden charges over $50 in hidden fees ‼️

in #coinbase6 years ago

BEWARE of COINBASE, they are ripping of people by processing people purchase through a bank in the UK, they only tell you that its being processed with a UK based company, but do not advise people that there might be an international transaction fee from your bank. After your coinbase purchase, you’ll have a beautiful 3% fee from your bank waiting for you. This is the charge from my bank, $53 plus all the coinbase fees and spread they already charge you. If you do not know that banks charge a fee for any international transaction, well there is a 3% fee and since coinbase is processing there transaction through a UK company, that makes anyone outside of UK eligible for a fee from there banks. They will tell you that transactions are being processed in UK at the time of your purchase but will not advise that there is international fees. Most people aren’t even looking at the time of purchase because they are used that transaction are processed in the US and then the surprise appears. Tag your friends don’t buy on coinbase till this is fixed and resteem asap
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