pull down to refresh

Fold FINALLY allows you to adjust your withdraw amount!
479 sats \ 20 comments \ @BlokchainB 31 Jul bitcoin
This used to be one of my biggest issues when I used Fold. To take bitcoin off you needed to withdraw all of it at once. Which made no sense to me. What if I only needed 50k sats to top up my ln wallet? Well the devs finally gave us more withdrawal control for when we stack sats with fold.
Long time coming.
write
preview
related posts
95 sats \ 3 replies \ @OT 31 Jul
What's the minimum? I think I still have sats there.
reply
0 sats \ 2 replies \ @BlokchainB OP 31 Jul
Looks like no minimums but they do have a disclaimer at the bottom and warn against withdrawals under 500k sats
reply
49 sats \ 1 reply \ @OT 31 Jul
You mean 50k?
reply
71 sats \ 0 replies \ @BlokchainB OP 31 Jul
Nah it’s 500k lol
reply
91 sats \ 1 reply \ @fiatbad 31 Jul
wow, how innovative of them! I wonder where they came up with such an incredible idea. Do other exchanges offer such a feature?
Welcome to 2025, Fold.
reply
0 sats \ 0 replies \ @BlokchainB OP 31 Jul
Hahaha
reply
78 sats \ 0 replies \ @d680ecaa8e 31 Jul
Cash out all amount then refund all amount except 50k sats seems time consumming.
reply
74 sats \ 2 replies \ @kurszusz 7 Aug
This was a smart move on their part! The only question is, why did they wait so long? Was it a strategic move?
reply
10 sats \ 1 reply \ @BlokchainB OP 7 Aug
Great question
reply
64 sats \ 0 replies \ @kurszusz 17 Aug
Probably they waited to become Trump president :)))))
reply
65 sats \ 0 replies \ @Cje95 31 Jul
WHOOP WHOOOOOP!!!!
reply
63 sats \ 1 reply \ @Hodl117 31 Jul
Next: Lightning deposits and withdrawals? Maybe?
reply
3 sats \ 0 replies \ @BlokchainB OP 31 Jul
One can hope. They were all in on lightning then they pivoted to all in on Visa card and other trad fi services
reply
62 sats \ 0 replies \ @TRUTHSEEKER20 31 Jul
i love this app even though it still have some restrictions on my region hope that it ay be allowed sooner since it give a really great rewards amounts and good deals for stackers
reply
21 sats \ 5 replies \ @flat24 31 Jul
What benefits could anyone get for having their sats there?
If you have freedom to move the amounts you want, it seems to me that it is not a very good option.
"Imagine having the best asset on the planet, the freest of all, and you still have to ask permission to move it."
reply
55 sats \ 1 reply \ @Undisciplined 31 Jul
Like Blok indicated, you may want to move a smaller amount one place, which doesn’t stop you from moving the rest somewhere else.
However, the benefit of keeping some on Fold is that you can use it to pay fiat bills.
reply
109 sats \ 0 replies \ @flat24 31 Jul
However, the benefit of keeping some on Fold is that you can use it to pay fiat bills.
Inevitably we still live in the fiduciary model, so I understand perfectly because it is useful for you.
It happens to me the same with binance for example.
reply
25 sats \ 2 replies \ @BlokchainB OP 31 Jul
Yeah I have a fold hack I use to earn sats back on my ACH bills I have to pay.
Plus I rather hold idle sats then dollars but when I need dollars I can instantly sell then use my fold card to make a purchase
reply
68 sats \ 1 reply \ @flat24 31 Jul
I can instantly sell then use my fold card to make a purchase
Oh fantastic, I understand. It is very useful for some people 👥 Thank you for sharing your opinion.
reply
21 sats \ 0 replies \ @BlokchainB OP 31 Jul
Yeah for those who practice get on zero meaning get on zero fiat. Which I tried but didn’t like so much so now I some fiat as I need it to pay debt and bills
reply