Has anyone else had this problem with Coinbase?

So I’ve been trading on coinbase for the past month and the past 4 trades I’ve made with ethereum the prices I bought at ($2,770 for example on one trade they had the buy price at $2,813) that’s a $43 dollar difference. I made this trade at 12:30 on the dot the price of Ethereum didn’t hit that amount till 7:30pm later that day… this has happened over the past 4 trades and it has me overall over $120 over where I bought at. wtf is the point of timing and buying dips if coinbase is just gonna say “you actually bought 50$ higher than the position you thought you bought at” coinbase support didn’t help me at all has anyone else experienced this problem?

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13 thoughts on “Has anyone else had this problem with Coinbase?”

  1. They are filling in your order with the highest bid and vice versa when u buy – this is why u need to do a limit order instead.

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  2. Like others said, when you buy on regular Coinbase, its a market spread. Basically paying what the value is when the transaction goes through and it purchased. Whereas on Pro you can do limits and actually set your price.

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  3. They offer a poor spread so that they can claim they have no trading fees, meaning you never buy at market value but always higher or lower in their favour.

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  4. I remember the time I bought some nucypher and the price pumped to $3.58 for a cool 900% gain and when I went onto coinbase to sell it had the price topped at $1.80 (all other exchanges and sites were $3.50+), in fact the 6 hours it was above $2 the highest it reached on coinbase for that 24 hours was $1.80

    Oh and anyone who tried to transfer to another exchange to sell for the actual value was hit with frozen 8+ transaction pending messages

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  5. You are buying at the current sell price which is really volatile depending on the number of people buying at and selling at the moment.

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