Replying to Avatar corndalorian

Just some friendly advice: Remember to withdraw your sats from exchanges if you haven’t already. Most of them limit withdrawal in fiat terms, so as “number goes up” you’re not able to withdraw as many sats at a time. Also, liquidity issues happen in times of high demand.
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Joe Stauffacher 7mo ago

This would be Strike?

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aoeu 7mo ago

Cash App already has this problem. No issue with Srrike now or in the future. Once the fiat used to buy the bitcoin settles on Strike it all can be withdrawn. On Cash App, even if you send bitcoin, that bitcoin is then unable to be removed in its entirety if it is larger than a certain amount. Very frustrating and their support does nothing about it.

Just checked and Cash App for on chain limit for withdraw is $2000 daily and $5000 per week while Lightning is a puny $999.

@strike has no limits.

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Joe Stauffacher 7mo ago

Are you sure?

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aoeu 7mo ago

Strike raises it by usage. Overtime the limits are increased. Reach out to Jack on Twitter (he runs the Strike account) or on the support thing in the app and they will get it raised for you.

But yes, they are licensed in US and require KYC to operate too.

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aoeu 7mo ago

Cash App will not increase limits at all. If you happen to send 0.5 BTC to Cash App, you can’t even access all 0.5 BTC of it. You have to send it out piecemeal since it too is suspectible to the spending limits. It is absolutely absurd given that BTC is final settlement.