Hacker News Reader

Basically it takes 8 days for your litecoin to be available (aka transferable) because otherwise you could just transffer your litecoin to another wallet and reverse the charge from your bank.

You still get your coins at the price you paid.

My guess is you are waiting 8 days for your bank transfer, not the litecoin. If you had money already in your account, or paid with a credit card it would be there immediately

Use your credit card. Transferring funds between your bank account and Coinbase takes forever.

I just used my credit card about 9 hours ago. I've had the money taken out of my credit card, but I've yet to see the coins appear in my wallet for sending or selling. It shows in coinbase that the transaction was "Completed", but I have nothing so far.

How long does the credit card process take?

If it seems easy, it surely must be easy. -- HN

It's funny because you're actually mad at ACH here.

There's identity checks and SWIFT and lots of other possible points of slowness, but the fact that coinbase doesn't really circumvent them in practice is kinda the point being made.

No one's forcing you to use them

Use gdax.com