0 sats \ 1 reply \ @tmoney 11 Jul 2023 \ parent \ on: River "unsettled" Bitcoin bitcoin
My guess is that Strike also mitigates that risk by having much lower limits on buys/withdrawals. It's hard to follow the differences in exchanges, especially when some of the policies change based on the risk profile of the customer. In general, I buy normally on strike and if I ever get a large inflow of cash, use River.
Once more legal guidance is given a lot of these inconsistencies between exchanges will be cleared up and a better user experience across the board.
Reach out to Strikes customer service and put in a request to increase your limits. Be sure to specify an amount. They will do a review and get back to you. If you have a newer account you might wait a few months.
I like River because they provide a lot of stuff for taxes. The dashboards are built with that in mind from the start so you can see a detailed breakdown on your DCA.
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