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.

  • sevaiper@alien.topBEnglish
    1·
    10 months ago

    The only people who are having problems with Coinbase are people who can’t pass simple KYC. Why can’t you KYC OP?

    • Ruslan124@alien.topBEnglish
      1·
      10 months ago

      So, my 3-week lock on a 4-year account that is used regularly was because I can’t KYC?

      I deposited $500 directly from the bank and was prevented from doing anything with it for 3 weeks, without explanation.

      I was not requested to provide any additional information I was simply told to wait.

    • Matt-ayo@alien.topOPBEnglish
      1·
      10 months ago

      I’ve been fully KYC’ed on Coinbase for many years. Not interested in having funds arbitrarily locked for months at a time because they believe they are protecting me from scams.

    • Stankoman@alien.topBEnglish
      1·
      10 months ago

      Frankly it could also be tax related. For some reason my government feels entitled to a portion of my crypto profits not the losses though.