akbar123

Surprised to see that Bitcoin out performs gold as a hedge.

I just want to add to the answer that we like other services and use more than one in the list. We just don't see any of them meeting our needs to quickly trade and provide mechanism for large order sizes. Plus, wiring money becomes expensive very fast.

You should be able to register. To start trading, can you please email us the email address you used to register. Email address is no in our profile.

No reason.

Fixed privacy policy.

Got it. Added an email

Thanks.

We considered adding arb option but after running simulations and accounting for fees and slippage, the opportunity was very small. We also didn't find a suitable hedge to minimize our risk.

We have considered adding option trading; however, given the drop in volume in btc trading, we wonder if there is enough demand for option trading. If others request it, we are happy to build it.

Happy to brainstorm with you if you are up for it. Email added to my profile.

Our banks have reviewed our model. Banks can always change their mind which is why we work with multiple banks.

I don't think Coinbase considers themselves a broker.

This is directly from coinbase's terms of service :

"3.1. Transactions with Coinbase. When buying or selling bitcoin through the Exchange Service, you are buying from, or selling to, Coinbase directly. Coinbase does not act as an intermediary or marketplace between other buyers and sellers of bitcoin. The Exchange Service is subject to the Coinbase "Conversion Rate." "Conversion Rate" means the liquidity adjusted price of a given bitcoin amount in terms of local currency as quoted on the Coinbase Site."

Our main feature is our execution; we are good at optimizing trade execution so you get the best price possible.

There are many banks in the US with very different rules so it is difficult to give a general answer. Have you heard of these stories from customers when buying and selling from coinbase?

Touche