Replying to Avatar average_bitcoiner

Just a reminder that Swan bitcoin shouldn't be trusted.
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Kuffaar 8mo ago

I’ve been a Swan Bitcoin customer for several years now and have been considering opening a business account with them as well.

I know of no trust issues with them. What’s the deal?

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seth 8mo ago

Consider Unchained or River.

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average_bitcoiner 8mo ago

Yes

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Kuffaar 8mo ago

Thanks for the info , Seth. I’ll check them both out and compare. I don’t keep a lot of funds in my Swan account. I dollar cost average up to a set amount and then sweep into a hardware wallet for safe keeping.

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average_bitcoiner 8mo ago

They do not practice what they preach, to start. They don't hold their own keys or run their own node and have used poor partners to offload this (see Prime Trust). The CEO is a douchebag. Their IRA disallows in-kind transfer. They generally only know marketing and don't much else.

Anyway, DYOR YMMV.

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Kuffaar 8mo ago

Appreciate the info. Be well.