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Moel | 3 months ago (raw) | root | parent | reply | flag +1 
 The sad truth, I suspect, is that Coinbase simply makes a very fat profit on people who buy #Bitcoin’s.
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szarka | 3 months ago (raw) | root | parent | reply | flag 
 Of course they do. They're dealing with all the regulatory B.S., interfacing with ACH in a way that doesn't freak out banks, etc. If you want to be able to easily buy KYCed bitcoin from your checking account or wire transfer, they do a good job and they earn that profit. 

I tried Swan recently to see if they were better and… goddamn, that's one janky service!
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Moel | 2 months ago (raw) | root | parent | reply | flag 
 Interesting. I’ve not used either recently. Just Coonbase more than, maybe 6-9 years ago? 

Anyways, in Europe we have better simpeler options for now. I don’t know what things will look like in 2025 because the “travel rule” will go into action. 🤔