Coinbase Potential Loophole
Coinbase Loophole....?
My first post on steemit and I hope I make a big splash!
So I decided after much research to finally look into all these blockchain, bitcoin, distributed network, smart contract, etc concepts. That is why I rushed to get my steemit account set up so I could share my experiences on this journey.
Dilemma
Citizenship: USA
Residence: Japan
American driver's license: Expired
= hours of frustration
. I setup xbtce, poloniex, kraken, metamask, and others and was trying to figure out how to get my USD/JPY into crypto gold so I could start investing and exploring things like steemit.
I stumble across the MetaMask "buy" button which connects me to the Coinbase API.
I enter my desired cash value, my email, my verification code.... thinking to myself that there is no way in hell this is going to work.
The payment method screen pops up, the same screen that rejected my inputs at Coinbase.com asking me to complete ID verification.
......
....however this time I'm able to proceed, going through the menu step by step I get a confirmation dialog saying "success!"
![4.png](Somehow, someway I was able to transfer money into coinbase through my bank, with a slight delay the ETH reached my metamask address.
Reluctance
If this is a feature I want the world to know, because I have seen that many people were frustrated with the new ID stipulation.
On the other hand if this backdoor breaks some international laws I would hope Coinbase fixes it asap.
I'm at least happy I was able to get a few $ into ETH allowing me to get started on my journey.
Leave Coinbase Potential Loophole to:
Read more #cryptocurrency posts
Best Posts From Zech
We have not curated any of bboybz's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Zech
- Test #4 ugh
- Test #3
- Test again
- Test at home
- Qualifiers Gas Line Pinched
- Test stream on DLive
- Suzuka 4hr Practice 2hey & Zech
- PoS Pool for lesser known Altcoins
- Saving the front tire @Tsukuba
- My new crypto mining rig
- Cointracking.info and bitcoin.tax
- Qualifiers from my last race!
- Coinbase avoiding payout on hackerone.com
- Japanese firm Coincheck has bitcoin-back for energy!
- 2017 Suzuka 4hour Practice on R6
- Steem and Steem Power
- My most recent mishap on the race track
- Coinbase Potential Loophole