Coinbase is currently dealing with a PR disaster where many customers buying Bitcoin / cryptocurrencies with debit cards or credit cards have been double charged as a result of a change in its Merchant Category Code by Visa. This was designed to reclassify these transactions as "cash advances" in an attempt to curb purchases of cryptocurrencies with credit cards. You can bet the guys over at Robinhood are celebrating watching their competitor struggle just as they are about to launch their cryptocurrency trading platform for buying Bitcoin. Steemit Post: https://steemit.com/cryptocurrency/@cryptovestor/will-robinhood-save-us-from-coinbase-s-tyranny While the change should have gone through with relatively little pain, the unfortunate reality is that refunds were delayed over the reprocessed charges and many customers got slammed with extensive overdraft fees and maxed out their credit cards. This fiasco adds onto other issues with Coinbase, namely their poor support, lost wire transfers, Bitcoin Cash drama in December, and various other controversies. These have added up to deal a substantial blow to its reputation and has led to an opportunistic time for a competitor to swipe in: Enter Robinhood Crypto. Since I am limited by characters on YouTube for these descriptions, click the Steemit link to see a full script of the video (if you prefer reading over listening to my "Bueller... Bueller... Bueller" voice). Let me know your thoughts on Robinhood Crypto in the comments below. Thank you for watching / reading! ================ If you like my content, you can support me through using ANY of the affiliate links below (I receive small compensation). The beauty of affiliate links is that I can pick and choose what I like rather than have companies approach me - everything I linked below (with the exception of Trezor since I like Ledger), I use myself frequently. ================ My Recommended Hardware Wallets: If you want to store your cryptocurrencies safely, the best way is through a hardware wallet. Seriously - look it up and you'll find plenty of information supporting this claim. There are alternatives such as paper wallets, but these are convenient and my choice for cold storage (offline): Ledger Nano S: http://amzn.to/2hZPj0q Trezor: http://amzn.to/2AxD9TN Ledger Blue (expensive): http://amzn.to/2hk7xst I personally prefer the Ledger Nano S, but the Trezor is such a close second that it really doesn't matter which one you go with. Ledger Blue is premium and convenient, but not necessary. ================ My Favorite Book for Investing in Crypto: Cryptoassets: http://amzn.to/2zKDdCF This book is, bar none, my favorite book for investing in cryptocurrencies. It doesn't bog you down with technical jargon, but instead focuses on all the elements you should understand before you invest. It's a comprehensive book for both beginners and experts. Beginners will find information about major cryptocurrencies (not just Bitcoin) as well as details on historical market events (that you can draw on for future) and events to watch for moving into the future. Experts will find the chapters on valuation particularly useful. For those of you involved in traditional investing, this book is even more of a godsend as finance info is explored (correlations with other asset classes, ETFs, etc). ================ My Recommended Exchanges: Coinbase / GDAX / Bittrex https://www.coinbase.com/join/5a08b12e305a1401d79d10e0 If you sign up to Coinbase using link above, you and I will both receive $10 each after you buy your first $100 of Bitcoin using Coinbase. Coinbase is much less intimidating for beginners. Once ready, move up to GDAX for cheaper or zero fees. For altcoins, I recommend Bittrex. ================ Legal Stuff: I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. None of what I provide in my videos is investment advice. Please do your own due diligence. ================ My Platforms: Twitter: https://twitter.com/Truth_Investor SteemIt: https://steemit.com/@cryptovestor Medium: https://medium.com/@Truth_Investor Seeking Alpha: https://seekingalpha.com/author/truth-investor/articles