RobOK đźź on Nostr: They do not let you take self custody if your Bitcoin. They limit sending (not ...
They do not let you take self custody if your Bitcoin. They limit sending (not selling) Bitcoin to $2K a day and $5K a week. This makes very small UTXO. When asked they say it is to “protect users” and comply with regulations, but no other exchanges have this.
Some exchanges set up auto withdrawal to cold storage and promote self custody. CashApp inhibits this strongly.
They express their transfer limits in USD, so when they started the limit might’ve been 1BTC or so, now the limits is .02 Bitcoin- that’s all you can move, because “protection” and “regulation”.
Some exchanges set up auto withdrawal to cold storage and promote self custody. CashApp inhibits this strongly.
They express their transfer limits in USD, so when they started the limit might’ve been 1BTC or so, now the limits is .02 Bitcoin- that’s all you can move, because “protection” and “regulation”.