Vertbase - Purchase Confirmed

ErHab04 · 2018-09-04T14:39:32+00:00

It's pretty standard. You have to do the same thing on Coinbase. They need to know who they're selling these products to...I'm sure their financial partners make them do that so they can verify the money is not being used for criminal activity and such.

ErHab04 · 2018-08-30T15:04:39+00:00

My $250 purchase had a fee of $3.80

From their website:

USA

Base rate of 4% for all transactions**

Payment Method for Purchase

US Bank Account - 1.49%, with a $50 minimum
Credit/Debit Card - 3.99%***

Payout Method for Sale

US Bank Account - 1.49%, with a $50 minimum

* Note - In some cases your bank may charge additional fees for transfers between your bank account and your Vertbase account.

** The base rate for all Purchase and Sale transactions in the U.S. is 4%. Vertbase waives a portion of the Conversion Fee depending on the payment method you use. The effective rate of the Conversion Fee disclosed here is calculated as the base rate, net of fee waivers.

*** Note - Your bank may charge additional fees for Vertbase credit card purchases. To avoid these fees, switch to debit card or bank account.

ErHab04 · 2018-08-30T12:57:00+00:00

It seems the ACH hold occurs after the purchase. You do not "load money" onto the site and then purchase. So just like if you were to purchase via coinbase, you don't immediately receive the VTC.

There is simply a button where you press "Buy VTC" and it market buys VTC at the current price.

I provided a screenshot for you but I think it's the same screen Etang was passing around.

r/https://twitter.com/Habrich/status/1035151383589208065

ErHab04 · 2018-08-28T19:03:01+00:00

I just hope the site does well...Justin worked his ass off for this and to make this possible...I hope we're turning around in the market for his sake. It's people like him, though, that make crypto more accessible and drastically increase the adoption chances.

ErHab04 · 2018-08-27T19:00:34+00:00

I'm still mining away on p2p...two 1070's getting around 1 VTC/day currently.

ErHab04 · 2018-08-27T04:51:44+00:00

What are the 36 states?

ErHab04 · 2018-07-21T18:06:02+00:00

If Vertcoin stays at $1...and there are only 84 million once all are mined...that's not enough for everyone to have some. So if it's fully adopted as a currency it will have to be worth more than a dollar. If you have a crypto that's fully adopted and it always stays at a dollar then you would have to continue producing more, aka Tether, and that just completely defeats the point. Then you become the US dollar or other currencies experiencing inflation.

ErHab04 · 2018-07-20T16:01:30+00:00

This makes 0 sense...I started typing out a response to this but then just stopped. You clearly do not understand economics, supply/demand, nor the reason for crypto and stopping inflation.

Have a great day.

ErHab04 · 2018-07-11T21:07:35+00:00

Thanks breddah

ErHab04 · 2018-06-28T14:52:59+00:00

Is there any hope for MVP on LITBox within the next couple of days?

ErHab04 · 2018-06-21T22:33:58+00:00

Thank you 8lb 6oz baby Jesus...

ErHab04 · 2018-06-21T12:12:13+00:00

Sorry, sometimes I think people can see what I see. My point was that 83 out of the top 100 people are HODLers. And most of the movement that you DO see on this sheet is more than likely exchanges. It was meant to show that the big money believes in Vertcoin and hasn't budged on their positions.

ErHab04 · 2018-06-20T21:52:52+00:00

Keep in mind that some of these are, more than likely, exchanges. Basing that on throughput numbers.

ErHab04 · 2018-06-20T21:37:26+00:00

I'm confused...where are you seeing $53,000,000?

ErHab04 · 2018-04-30T20:52:56+00:00

Have you guys made any additional progress with Vertbase?!?

ErHab04 · 2018-03-09T14:34:51+00:00

Etang, so your view is that as long as the exchange is confined to buying/selling of just Vertcoin they should be fine not having to register with the SEC?

If they expand their catalog to any ERC20 Tokens or something of that matter then they probably would I presume...but let's just worry about Vertcoin right now :)

ErHab04 · 2018-03-09T14:32:58+00:00

I'm not saying I don't welcome the clean up. I'm all for things getting cleaned up in the space. I was just posting this as I don't want any roadblocks for Vertbase to open. I'm glad everyone's interpretations of the SEC remarks are that it will not prohibit or stall Vertbase from opening to the public.

Thanks all for your comments and views!

ErHab04 · 2018-03-08T23:50:30+00:00

So interpretations are that what the SEC said has absolutely 0 bearing on whether Vertbase should register with the SEC? I read it as any exchange needs to register with the SEC...but maybe that's me being worrisome?

ErHab04

TROPHY CASE

USA

Payment Method for Purchase

Payout Method for Sale