this post was submitted on 25 Nov 2023
1 points (100.0% liked)

Ethereum

5 readers
1 users here now

Resources

founded 1 year ago
MODERATORS
communick@blockchained.world
rglullis
1
Survey:How do you cash out? (alien.top)
submitted 11 months ago by Matt-ayo@alien.top to c/ethereum@blockchained.world
28 comments fedilink hide all child comments
 

With Coinbase clamping down on users, I'd be interested to know how people cash out.

Feel free to omit any details you don't feel comfortable sharing - and if you don't know what to share, better to share less.

I'd be interested to know:

  1. What service(s) are do you use to convert crypto into fiat?
  2. What's the greatest amount you've cashed out at once, or in a short time period?
  3. What Country are you in?
  4. Have you ever had funds taken from you due to regulations?

NOTE: In the interest of protecting newbies, DO NOT INCLUDE LINKS. Newbies: DO NOT TRUST ANY LINKS.

you are viewing a single comment's thread
view the rest of the comments
[–] Nonocoiner@alien.top 1 points 11 months ago

Using ASN here too, they threatened to close our account if I wouldn't reply within a couple of weeks. Saw it too late as we were on holiday. It made me quite nervous, as there was no way I could reply in time. Of course it would likely be the same for any other bank.

They never denied any transaction, but I never transacted fiat with Binance, only Kraken and Bitvavo.

The handling by the aml department was a fucking mess by the way. They lost the private documents I sent them using their highly secured "black box", as they called it. Later they somehow found back the documents somewhere on another PC, while they initially promised the documents would never leave their "black box".

Incredible.