Why I love being Coinbase Level 2

So this morning I finally got my refund money in that I've been waiting forever for. I wake up and I'm excited as fuck because TODAY IS THE DAY I GET TO BUY DRUGS.

I go to make my purchase. I go to Coinbase, where the price is ~$10 less for the amount I'm looking for than the lowest offer on Localbitcoins. I purchase my BTC, which credits to my wallet instantly, then send them to my account. In around the 45 minutes it takes to get to my account, BTC drops like $20. I'm now about $5 short on my order, and BTC is still dropping.

So I go back to Coinbase and get $10 more in BTC. Again, instantly. Send it to my account, again. If I was using any other service, this would be a gigantic pain in my ass. Running to the bank again, paying exorbitant fees, etc.

Not even 5 minutes later my friend texts me and says she wants some MDA and some of Angelina's famous edible suckers. My friend does not use any DarkNet Markets, so she relies on me to make the purchases. Now I place yet another order. Instant BTC. Lather. Rinse. Repeat.

Get the picture? It can be a real pain in the ass sometimes to get verified. They require your bank account, your phone number, and a few other details that will require you to tumble your coins when the time comes for you to make a purchase. I know it skeeves some people out to have all of this info tied to your Bitcoins, but:

  1. There is zero evidence that LE is going to come after you for your small-time or even big-time purchases. Vendors and admins are the only ones on their radar.

  2. If you tumble your coins, you have no worries.

For real though, get Coinbase Level 2 verified. It will make buying BTC incredibly easier.


Comments


[7 Points] hugsfordrugs:

God dammit, I fucked up the title. This is going to annoy the shit out of me.


[2 Points] enterathrowaway:

Hell yes.

Coinbase -> blockchain wallet -> shared send -> 2nd anon blockchain wallet -> vendor/market wallet -> drugs c:

So fast. Much wow.


[3 Points] None:

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[3 Points] BananaJellySandwich:

I am not flaming, but you sound like you are justifying your quite risky decisions. I don't trust any tumblers. You are right though, LEO only likes big pray. Good luck, have a nice high!


[3 Points] None:

Lvl 2 is the shit!!! I could not agree more! btc to tumbler to site to drugs in your mailbox at the blink of an eye.....well not that fast but it is dam close :)


[3 Points] ThunderDownCountry:

I had instant purchasing for a while back when they only required bank account verification but I'm shit out of luck now that they require a credit card because their stupid process can only verify Visa CREDIT cards. I have credit cards with MasterCard and American Express but only a debit card with Visa.


[3 Points] HeisenbergNigga:

I would be paranoid about having my account showing that I'm purchasing small amounts of coin multiple times throughout the day.

Bitcoins aren't illegal, sure, but people who are buying them for financial reasons probably aren't buying fractions at a time repeatedly in a day.

But I'm also paranoid about making anonymous cash deposits at the bank. I always have to swipe in my account info for unrelated things when I'm there, and it seems possible that they could record that type of transaction on paper if they really cared about it.

Though I do wish I could get coins without running around town to the bank and all that. Must be nice to be able to do an entire order from your bedroom.


[2 Points] p00ty:

In order to get instant u have to be a member with bank account for 30 days? Cuz I tried applying for instant coinbase and its keep rejecting me with my correct I'd verification . wtf. I know myself and I know my identity. Coinbase keeps saying that I have the wrong info...


[2 Points] AmericanDi55ident:

yeah instant buys rock!!


[2 Points] sharpshooter789:

Your friend texted you to buy drugs for them? I hope that you had a burner.


[1 Points] Bagnag:

I tried verifying my coinbase for sooooo long, and im 18, and one of the questions was "how long have you been at your current address" and i kept putting 4-5 years, but the real answer was 0-1 years, because they only have information from the point i was 18 for credit. -.-


[1 Points] None:

mmmmmm . Im wondering if this site is just for the US or not while looking at the method of payment.


[1 Points] TheBreadWinner:

i try to authenticate identity and it says it doesnt work -=/ have everything else though, and can still get 100$ instant buy


[1 Points] b3nadrill:

Do you know of anything like this for Canada?


[1 Points] cheeto69:

Every single damn time I try to verify myself on Coinbase, it tells me my identity couldn't be verified. Soooo annoying.


[1 Points] None:

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