Ben Shen

497 posts

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Ben Shen

Ben Shen

@BShen7

Head of Financial Services & Loyalty products @ Coinbase 🏦 ⛓️

San Francisco เข้าร่วม Temmuz 2015
893 กำลังติดตาม862 ผู้ติดตาม
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Ben Shen
Ben Shen@BShen7·
@ConfuEth @coinbase @ynab Thanks 🙏 This seems to be a YNAB issue that we're aware of and addressing Once fixed, should be able to just search Coinbase and see 'Coinbase One Card', similar to other platforms
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Confucius
Confucius@ConfuEth·
@coinbase For anyone using @ynab when you link your account be sure to select American Express and not Coinbase. That will take you to plaid to sign into Coinbase. Just FYI
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Ben Shen รีทวีตแล้ว
Coinbase 🛡️
Coinbase 🛡️@coinbase·
The number one request we received — after ‘make the rewards 100% back in Bitcoin’ — was budgeting app integration. It’s here. Sync with YNAB, Monarch, and any other program that uses Plaid. Now you can go budget yourself and see just how much Bitcoin you’ve been stacking
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Ben Shen
Ben Shen@BShen7·
@sgniwder @coinbase First one is in flight! Definitely understand the importance of being able to manage one's card on 🖥️ Second one is available in our app
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sgniwder
sgniwder@sgniwder·
@coinbase if you're still taking requests, please start here: ✅ open up access to the coinbase one credit card on computers. it's too difficult to reconcile your account, review transactions & statements ONLY on your phone. ✅ allow csv download of transactions or quicken.
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Ben Shen รีทวีตแล้ว
poet.base.eth
poet.base.eth@1CrypticPoet·
mom's gonna be proud I've earned $6k staking on @coinbase
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Bryan | Titan Analytics
Bryan | Titan Analytics@Bryan_TitanA·
@Sellingvol @KASTxyz I have an Platinum AMEX. I've been trying to move AWAY for tradfi. Being a crypto supporter and all. I WANT these products to work. They are great products but still have some serious glaring priorities.
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Bryan | Titan Analytics
Bryan | Titan Analytics@Bryan_TitanA·
My wife's @KASTxyz card got targeted. Kast has zero fraud protection, she got hit for over $3,500, in a foreign currency, in a foreign country we aren't even in. Zero protection. Kast is charging us $30 per chargeback. So we'll have to pay an additional $210 to even start the charge back, with zero guarantees it's going to even work. We are already in a vulernable position and this is just a slap to the face. Customer service was even more useless. They said "Have you talked to the vendor?" And "You authorized the transactions." Both incorrect. How could we talk to a vendor in a country we aren't even in. How can we authorize those charges? We want normies to swap to crypto, defi, neobanks but offer far far inferior services. It's honestly a joke. First $20k Drift Hack. Now $3,500 lost to obviously fraudulent charges. Can you guess what I immediately did? We applied for a normie credit card for her. We'll get 2% cashback AND actual fraud protection. And Crypto and Kast lost a pretty big user. Crypto will never face mass adoption if the products continue to be inferior. And righly so. Things need to change. @solana @raagulanpathy
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Ben Shen
Ben Shen@BShen7·
Coming soon! "All Coinbase One members who procure a token-backed or regular mortgage product through Better will be eligible for a rebate worth 1% of the mortgage value, capped at $10,000, to cover closing costs and fees." investors.better.com/news/news-deta…
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Stabledash
Stabledash@stabledash·
Trading. Staking. Lending. Spending. Mortgages. All compounding through one membership. That's what Coinbase is building. "You can't live your everyday life without spending. Money is the way you interface with the world around you." "I'm earning 4% in Bitcoin on my everyday spend. I'm staking my crypto, lending USDC onchain. There's this confluence of earning as I'm spending and holding assets. It all ties back to the Coinbase One membership." "Coinbase One members can pledge crypto toward a mortgage and get up to $10K back. It's the connection to people going out into their everyday lives, and it all ties to making your money work better for you."
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Scott Shapiro 🛡 shapiro.eth
Scott Shapiro 🛡 shapiro.eth@scottshapiro·
I'm leaving @coinbase after 7 years, incredibly proud to have played a role in its evolution. Left: Coinbase when I joined in 2019. Right: Coinbase today. From a handful of cryptos to millions; 24/7 derivatives, Advanced mode, prediction markets, stocks, rewards, and borrowing — all in one app.
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Ben Shen รีทวีตแล้ว
poet.base.eth
poet.base.eth@1CrypticPoet·
spotted on @coinbase
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Ben Shen รีทวีตแล้ว
CBduck
CBduck@CoinbaseDuck·
Coinbase 💙 @Morpho As a customer, I love cbasset backed Morpho loan. Up ONLY
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Milk Road
Milk Road@MilkRoad·
Holy hell - @Coinbase just launched crypto-backed mortgages! The obvious part: you can now buy a home without selling your $BTC or $USDC. Better Mortgage is offering them, powered by Coinbase. You put up crypto as collateral for your down payment. Your portfolio stays intact. You get the house. But here's what most people are skipping past - Fannie Mae is backing these. Fannie Mae processes 70% of all American home loans. When they stamp something as eligible collateral, it becomes part of the system. Crypto just got that stamp. The people who benefit most from this aren't necessarily first-time homebuyers. They're long-term $BTC and $USDC holders. Those who've been sitting on gains - but couldn't touch them without triggering a giant tax bill - now have a path to homeownership that doesn't require selling a single coin. Coinbase also just inserted itself into a $12T mortgage market. And every legacy bank that's spent 5 years telling customers their crypto holdings don't count as "real" wealth now has to answer for that.
Coinbase 🛡️@coinbase

Get your house and keep your crypto. Crypto-backed mortgages are here - increasing access to homeownership for millions of Americans. Buy a home without converting your portfolio by using BTC or USDC as collateral for your down payment. Offered by Better, powered by Coinbase.

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Ben Shen
Ben Shen@BShen7·
Use your BTC or USDC on Coinbase to finance a home purchase, without selling it No margin calls and top-ups - meaning no liquidations or additional collateral required, regardless of BTC price fluctuations Plus, Coinbase One members get a 1% rebate on their mortgage, up to $10k Making crypto even more useful & powerful in one’s everyday life, in partnership with Better Mortgage 🏡
Coinbase 🛡️@coinbase

Get your house and keep your crypto. Crypto-backed mortgages are here - increasing access to homeownership for millions of Americans. Buy a home without converting your portfolio by using BTC or USDC as collateral for your down payment. Offered by Better, powered by Coinbase.

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Ben Shen รีทวีตแล้ว
poet.base.eth
poet.base.eth@1CrypticPoet·
This is the first step toward @base hosting: • funds • credit products • structured yield Because once ownership is onchain, everything built on top becomes composable. Slowly…then all at once.
poet.base.eth@1CrypticPoet

JUST IN: Apex Group and @coinbase Asset Management launch a tokenized share class of the Coinbase Bitcoin Yield Fund on @base

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Ben Shen รีทวีตแล้ว
Connor Holliman (connor.base.eth)
Connor Holliman (connor.base.eth)@jconnorholliman·
I recently got my Coinbase One credit card and started using it yesterday I earned almost $10 in BTC rewards yesterday just by shopping 🤯 It has a ton of features: - up to 4% back in BTC - @AmericanExpress perks - zero trading fees w/ CB One membership So cool!!
Connor Holliman (connor.base.eth) tweet mediaConnor Holliman (connor.base.eth) tweet media
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Ben Shen
Ben Shen@BShen7·
@SOLassets @coinbase Direct Deposit & Auto Allocations has started rolling out DM me if you’re interested in testing
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Coinbase 🛡️
Coinbase 🛡️@coinbase·
Game not over. It’s time to take back control. Presenting “Your Way Out,” the extended cut.
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Ben Shen รีทวีตแล้ว
Coinbase 🛡️
Coinbase 🛡️@coinbase·
We could write an ad for our card or we could just let you guys do it.
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CBduck
CBduck@CoinbaseDuck·
I mostly use Coinbase amex card now except where Amex isn’t accepted like Costco. Thats fine I can use Coinbase debit card on Visa network. The pain point is my mortgage or utilities bills they charge extra 3-5% if we use card, many mortgage service company don’t even allow card payment btw. So routing & checking account number would do great. Does it require banking license? What if Coinbase can partner with some existing banking service where they provide this type of service and each Coinbase account gets a supplemental virtual checking account for this type of activities? Trying to fine a way to do without needing to require a banking license. User expense dashboard needs to be enhanced significantly, transaction page is fine for tracking crypto purchase but not great for trading expenses. 🫡 have a great weekend!
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CBduck
CBduck@CoinbaseDuck·
Paycheck day means more deposit onto @coinbase Coinbase is my bank 💙 Once Coinbase sorts out the bill payment stuff, I will say goodbye to BOA forever.
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Max Branzburg
Max Branzburg@maxbranzburg·
You can currently borrow cash against your BTC or ETH on Coinbase for ~4% APR (~0.01%/day = $1 per $10,000 borrowed) You can also borrow against cbETH, XRP, LTC, DOGE, and ADA at similar rates Get liquidity at unmatched rates without selling your crypto on @coinbase
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