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I have been using Strike for about a year, last week, for the first time, I wasn't able to withdraw the bitcoin until my deposit finished. Per their support:
"As part of ongoing efforts to bolster our infrastructure, we introduced a settlement period for certain transaction (less than 5 business days) based on bank settlement times.
Debit cards are unavailable, not sure when that started.
Using Cash app for now, pretty heavy on the KYC but I could give a flyin fuck at this point.
Cash App has high fees but has never given me a problem. I try to sprinkle my buys all over the place, a few kyc, most non kyc now. I always am making small buys, but Swan dumped me a few months ago and I'm now obviously done with Gemini. So, it's just Cash App and non kyc now. Its all for the best
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Can you elaborate a bit on non-kyc? Asking for a friend..
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Robosats bisq hodlhodl
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You mentioned CashApp, you mentioned Swan, could always throw robosats in there, but have you looked into River?
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I would rather use River than other KYC sources. The problem is I'm a NY resident so I can't open a River account (the ridiculous bitlicense). I do use robosats, but it's labor intensive for this lazy sob and a little hit or miss in my experience.
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Would relai.app work for you? no kyc up to 950 usd I think (except the banking details although it could be mitigated via an LLC? not sure)
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I don't know, but I'll look into it. I like to try all sources at least once.
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Be ready to wait 30 days to withdraw unless you wire River the fiat first πŸ˜…
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Oh no, secure FIAT transfers take a long ass time and instant settlement is a mere illusion! What will we ever do?
But hey at least you get to buy Bitcoin at a lower fee rate
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Correct. It’s only jarring because river actually waits for real fiat settlement. We are too used to the debt leverage voodoo
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πŸ˜‚
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