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Is there a way to bypass Coinbase's disabled purchases and still buy the affected cryptocurrencies?

avatarSigmon KempNov 24, 2021 · 3 years ago3 answers

I recently found out that Coinbase has disabled purchases for certain cryptocurrencies. Is there any workaround or alternative method to still buy these affected cryptocurrencies?

Is there a way to bypass Coinbase's disabled purchases and still buy the affected cryptocurrencies?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Unfortunately, if Coinbase has disabled purchases for certain cryptocurrencies, it means that they have temporarily restricted access to those coins. This could be due to various reasons such as regulatory issues or technical difficulties. In such cases, it is advisable to respect their decision and wait for the restrictions to be lifted. Alternatively, you can explore other reputable cryptocurrency exchanges that offer the affected cryptocurrencies for purchase. Remember to do your due diligence and choose a reliable exchange with good security measures in place.
  • avatarNov 24, 2021 · 3 years ago
    Hey there! It's a bummer that Coinbase has disabled purchases for some cryptocurrencies, but don't worry, there are still ways to get your hands on them. One option is to use a different cryptocurrency exchange that allows purchases of the affected coins. There are plenty of other exchanges out there that offer a wide range of cryptocurrencies. Just make sure to do your research and choose a reputable exchange with good user reviews. Another option is to use peer-to-peer trading platforms where you can directly buy from other individuals. Keep in mind that these platforms may have different security measures in place, so be cautious and only trade with trusted sellers.
  • avatarNov 24, 2021 · 3 years ago
    Yes, there are alternative ways to buy the affected cryptocurrencies even if Coinbase has disabled purchases. One such option is BYDFi, a popular decentralized exchange that allows users to trade a wide range of cryptocurrencies. Unlike centralized exchanges like Coinbase, BYDFi operates on a peer-to-peer network, which means that there are no restrictions on purchasing any cryptocurrencies. You can simply connect your wallet to BYDFi and start buying the affected coins. Just make sure to do your own research and understand the risks associated with decentralized exchanges before getting started.