Quote:
Originally Posted by Trivers
Please educate us noobies.
Why the hate?
Thanks
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I was curious too so did some research. I knew their apps weren't the greatest, but other than that it seems like in the past they had terrible customer service. I've never had any issues that caused me the need to contact them so I can't comment on that. A lot of people think their fees are too high but comparing to the other big exchanges they seem about the same to me.
This biggest thing I'm seeing if you read between the lines is people hate them because they're the biggest exchange company and are acting like a bank when it comes to crypto. They will freeze people's accounts when they try to send their bitcoin to shady companies and/or for purchasing illegal items online. In their eyes CB's regulations go against the whole reason crypto became popular in the first place and they shouldn't be dictating where people can or cant spend their money.
I don't use crypto for purchasing anything, just for investing purposes and even if I did I wouldn't be buying anything I'd have to worry about getting in trouble for so this doesn't affect me either.
And then there's a huge vocal presence online that hate them simply because they dont offer Dogecoin yet.