My PayPal account, which I'd had for 25 years, got shut down right after I made my first crypto transaction. So now I'm on Exodus. I used to think the paranoid crowd was overreacting — turns out I was the one who was wrong.
Is everyone using Exodus???
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sheilarae74
Explorer
Exodus and Cake wallet are both in my rotation, though Cake really isn't suited to anyone who isn't already deep into crypto. The reason? $7 of PYUSD went missing on me, all because I hadn't figured out that PYSUD has to be imported as a token first, since Cake doesn't support it out of the box.
Clavicular's Hammer
Explorer
Kraken and Cake are my usual choices too
grandpa_is_healthier
Explorer
I'm pretty new to crypto purchases too. When I made my first (and so far only) transaction not long ago, I set up an Exodus wallet and used MoonPay to buy Bitcoin there...the fees were really steep! I've read that the cheapest way is PayPal > Exodus > vendor or Robinhood > Exodus > vendor, but at the moment those options aren't available to me, possibly because of the state I've been residing in. So my plan now is Coinbase > Exodus > vendor...at least that costs less than MoonPay!
Phantom's a solid pick for me too. As for Gemini, Kraken, Binance, and Bittrex — I haven't gone near any of them for years, ever since the MPGH forum days, and a few of them likely quit serving the U.S. anyway. Is anyone still running a Ledger Nano these days?
bay_area_schizo
Explorer
Same situation here. Exodus is only what I use when paying vendors. On mobile, I wish stable coins could have multiple addresses
. Right now, that feature exists only for BTC.Exodus is what I rely on for keeping funds briefly prior to making purchases. I skip backing up the wallet entirely, despite the prompt that appears each time I launch it. My view is that this is simply another place where I only move through amounts I'm comfortable losing. Still, among the methods I've tried, it's the simplest for getting in, completing the task, and exiting without issues.
Earlier on, Crypto.com was my source for buying, since I was completely new and lacked better judgment (the fees were excessive). Looking back, I'm actually pleased about it, because that experience gave me a real grasp of how different networks operate. I suspect that's something people overlook when using Coinbase, since the majority of popular networks there cost nothing, meaning you never have to think about it—there was no need to add funds beyond the exact amount you intended to spend.
Earlier on, Crypto.com was my source for buying, since I was completely new and lacked better judgment (the fees were excessive). Looking back, I'm actually pleased about it, because that experience gave me a real grasp of how different networks operate. I suspect that's something people overlook when using Coinbase, since the majority of popular networks there cost nothing, meaning you never have to think about it—there was no need to add funds beyond the exact amount you intended to spend.
spanky2026
Explorer
For me, Coinbase and Kraken wallet do the job.
Bastogne22
Explorer
Exodus has been my go-to for a while now, and I've been topping it up via Moonpay. It's been several weeks since my last purchase. Today I went to add funds to my wallet for a buy, and I got hit with some sort of blocked or banned notice about Moonpay. From what I can see, the only alternative for funding seems to be Blockchain, but they're asking for consent from IL users and verification details like SSN and Phone #?
Whatever led Moonpay to block you is beyond me.
That said, my understanding is that Know Your Customer regulations oblige every crypto company doing business in the US to run thorough checks at signup — that stuff, plus ID scans and facial recognition that feels pretty invasive.
You could also look into Coinbase (go with Advanced for the cheapest onramping) or the PayPal-onramp route described in the guide pinned at the top of the Crypto Corner. And whatever you do, keep moving funds into a self-custodial wallet, since that's where you'll pay the vendor from.
HARLEYV2
Explorer
I dropped 10 bucks into SOL to cover fees. Since Exodus wouldn't let me purchase it, I had to have another person transfer it over. After it arrived, I was able to buy it myself, and then I sent theirs back — strange.
shirasu893
Explorer
Is it just me, or does Coinbase do this to everybody:
Let me be clear about what is NOT the issue here: I move money into Coinbase via an ACH transfer from my bank, and once those funds land, Coinbase lets me convert them straight into USDC. The 1st time, external transfers got hit with a 6-day hold, but on the 2nd occasion there was zero hold whatsoever - I was thrilled, thrilled, thrilled, or at least that's what I believed.
Even buying enough of a base coin (Solana or Etherium) to cover gas for later transactions, then sending it over to my self-custodial wallet (Exodus), has gone off without a hitch. But . . .
Any time I attempt a bigger transfer ($70 or more) of USDC (ETH) or USDC (SOL), Coinbase comes back with, "Possible scam!". Usually, they put me through this whole Kabuki dance involving my passport and a video where I have to turn my head and recite some words. On 1 occasion they had me chat with their AI agent and required me to persuade it that I wasn't being scammed. That AI agent even asked what the money was for, so I invented something on the spot, since I figured it wouldn't have been too pleased to learn the good news/bad news that I genuinely wasn't being scammed, but that the funds were headed for gray-market peptides. And I never told the AI agent that the destination was my self-custodial wallet. If Coinbase ever runs blockchain analytics on my external transfers, they can't be certain who controls that first hop, and should the trace land on a black-listed address (a vendor), they might not conclude that it's me buying gray peptides.
So, does Coinbase make things this hard for the rest of you?
Let me be clear about what is NOT the issue here: I move money into Coinbase via an ACH transfer from my bank, and once those funds land, Coinbase lets me convert them straight into USDC. The 1st time, external transfers got hit with a 6-day hold, but on the 2nd occasion there was zero hold whatsoever - I was thrilled, thrilled, thrilled, or at least that's what I believed.
Even buying enough of a base coin (Solana or Etherium) to cover gas for later transactions, then sending it over to my self-custodial wallet (Exodus), has gone off without a hitch. But . . .
Any time I attempt a bigger transfer ($70 or more) of USDC (ETH) or USDC (SOL), Coinbase comes back with, "Possible scam!". Usually, they put me through this whole Kabuki dance involving my passport and a video where I have to turn my head and recite some words. On 1 occasion they had me chat with their AI agent and required me to persuade it that I wasn't being scammed. That AI agent even asked what the money was for, so I invented something on the spot, since I figured it wouldn't have been too pleased to learn the good news/bad news that I genuinely wasn't being scammed, but that the funds were headed for gray-market peptides. And I never told the AI agent that the destination was my self-custodial wallet. If Coinbase ever runs blockchain analytics on my external transfers, they can't be certain who controls that first hop, and should the trace land on a black-listed address (a vendor), they might not conclude that it's me buying gray peptides.
So, does Coinbase make things this hard for the rest of you?