WeezinDaJuice
GLP-1 Enthusiast
Did the Coinbase buy of USDC…And it was transferred but they are holding the funds with a status of “Unavailable”. Any idea how long?!?!
Anyone?!
10 years in Crypto here to help
- Thread starter Cdub100
- Start date
Anyone?!
I use Coinbase to buy USDC. It's usually a hold of 5-7 days for bank transfers.
PatchyFog
GLP-1 Novice
🚫No Source Discussion🚫
FWIW, (not much!), I like to buy $100-$200 of pyusd every month because there is no fee. I then let it sit there earning "interest" while the hold time for each purchase ticks down. That way there are always funds available when a "deal" comes along. This is the cheapest on-boarding method from fiat currency I'm aware of.
I've noticed recently more vendors and GBs are taking pyusd directly, usually on the ETH chain but sometimes on SOL (which is better fee-wise). So that's nice to see.
I've been doing crypto a long time too, so I transfer my pyusd to Atomic Wallet which is what I've used for years--even though it is kind of sucky, it's familiar. If I'm doing stuff on the Solana chain I use Phantom in the browser.
When I need to convert to a specific stablecoin (usually USDT) or coins for gas, I use swapzone.io and search for a good exchange rate. I never hear swapzone discussed in these forums but it's worked well for me.
I have a Coinbase account but don't use it for much of anything these days.
I record every transaction and any fees paid in a tab in my big household finance spreadsheet so I have that info for taxes, which I'm dreading having to deal with for the first time this year, since PP and Coinbase are now ratting us out the US Government. But hopefully it won't too awful since I'm not speculating in BTC and just making purchases/donations. (I've explored places on TOR to buy coin without NYC procedures, but too much hassle for me for this.)
I've noticed recently more vendors and GBs are taking pyusd directly, usually on the ETH chain but sometimes on SOL (which is better fee-wise). So that's nice to see.
I've been doing crypto a long time too, so I transfer my pyusd to Atomic Wallet which is what I've used for years--even though it is kind of sucky, it's familiar. If I'm doing stuff on the Solana chain I use Phantom in the browser.
When I need to convert to a specific stablecoin (usually USDT) or coins for gas, I use swapzone.io and search for a good exchange rate. I never hear swapzone discussed in these forums but it's worked well for me.
I have a Coinbase account but don't use it for much of anything these days.
I record every transaction and any fees paid in a tab in my big household finance spreadsheet so I have that info for taxes, which I'm dreading having to deal with for the first time this year, since PP and Coinbase are now ratting us out the US Government. But hopefully it won't too awful since I'm not speculating in BTC and just making purchases/donations. (I've explored places on TOR to buy coin without NYC procedures, but too much hassle for me for this.)
Last edited:
PatchyFog
GLP-1 Novice
🚫No Source Discussion🚫
I think it is also worth mentioning, from a "mental model" standpoint, that your money does not live inside whatever wallet you use (Exodus, Atomic Wallet, etc.) as it does in real life, but on the blockchain(s) itself/themselves. The wallet is just a "window" onto those chains that lets you see a set of records on it that only a cryptographic key derived from your 12 or 20 word passphrase can decode.
In fact, if the wallet apps you use follow the same derivation mechanism to create coin/token private keys from that main passphrase (and most do these days using BIP-39) you can have multiple wallets with a view of the same balances. (In my case, both Phantom and Atomic Wallet can "see" and manipulate my SOL tokens.)
In fact, if the wallet apps you use follow the same derivation mechanism to create coin/token private keys from that main passphrase (and most do these days using BIP-39) you can have multiple wallets with a view of the same balances. (In my case, both Phantom and Atomic Wallet can "see" and manipulate my SOL tokens.)
WeezinDaJuice
GLP-1 Enthusiast
Yep took 6 days. Transferred to Exodus and off to the RAMs (Research Amino Mules).
