This is a great policy, all exchanges should adopt it. If you can only buy bitcoin and only miners can sell it, everyone will make a lot of money!
I’m kidding, of course.
BTW- it takes about ten days for a new account to buy bitcoin in Coinbase— we are having a post thanksgiving rally... it may continue for another 5 days.
I get that they have some limitations; but please at least mention it sometime during registration or during your first purchase. I had no clue until I went to sell despite making a numerous purchases.
1: https://support.coinbase.com/customer/en/portal/articles/288...