- Aug 28, 2013
Man Coinbase is a rip off. Went to buy 1 ETH and $36. Think RH was about $10.
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Coinbase isn't a rip off imo. When you buy with coinbase you actually own your asset. You can move it to a different wallet or exchange if you want. With RH you don't actually own anything really. Just some numbers on a ledger. Only way to move that asset is to sell and buy somewhere else incurring a taxable event along the way. Paying an extra 1% in fees for that alone is worth it to me.
Especially with the RH bs with halting trading at their convenience.