I have a friend who did nothing except buy some bitcoin a few years ago and leave it on Coinbase. Never sold a single sat. When it came time to finally withdraw to cold storage, they locked the account and it took about 3 months of back-and-forth providing more KYC and even being forced to buy and install anti-virus software (and provide receipts) before they would release the funds. Exchanges are a nightmare.
EVERY SINGLE EXCHANGE IVE EVER USED HAS ASKED FOR MORE KYC WHEN I WANT TO WITHDRAW, EVEN AFTER KYC AND LINKING BANK ACCOUNTS AND 2FA AND BEING A GOOD CUSTOMER FOR YEARS. THEY ALWAYS WANT MORE PATHETIC SELFIES WITH THE DATE OR EXTRA BANK TRANSACTION DATA ETC ETC
TODAY I CLOSE THEM OUT FOR GOOD AND AM 100% nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 AND COLD STORAGE AND NOSTR ONLY
Discussion
I’ve only had accounts on big exchanges and they seem to never have phone support. You’re telling me these people make $5 on every trade for thousands and thousands of people and can’t afford a god damn phone like gtfo!!!
Coinbase has phone support now. It was the only way we could find someone to help get the account unlocked.
You can always learn the hard way, but at least it sticks then.
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