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Swan banned me from withdrawing for some reason two years ago. I forget the details. I did finally manage to free my bitcoin. Then they stopped accepting NY resident accounts. A few months ago they sent me a friendly note saying that I could still buy bitcoin, but withdrawals are barred in my state.
I guess my account with zero balance still exists, but I will never use them again.
I saw this on Telegram:
NY Swan customer here. We aren’t eligible yet to withdraw. NY should be exempt from the $25 monthly fee! Our only option is to sell for cash. No thanks.
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11 sats \ 0 replies \ @siggy47 6h
Same shit I would be dealing with. They sent me a "please come back " email that said I could buy bitcoin and that they hoped they would let me withdraw it soon. I agree the bitlicense is bullshit, but don't insult me.
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58 sats \ 0 replies \ @ryu 14 Aug
Can't blame you for that at all.
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I know you have answered this question before. What are KYC options in NY? River? Kraken?
One thing I should have learned about Swan is ignore their calls to action such as signing their new rushed terms and conditions because their compliance team is playing catch up
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I haven't checked for a while. It feels good to be out of that world. I think only coinbase and Gemini have a bit license.
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