We’ve made some regulatory changes to our Bitcoin purchase process!
From now on:
✅ You can buy up to 999 CHF worth of Bitcoin every 30 days via bank transfer - no further verification needed.
🤑 Want to buy more? No problem! Request a Bittr Whales 🐳
invitation (our in-house KYC platform) and you're good to go!
Can't say I like the changes, but at least you're still in business. I have a question though: if I have a monthly dca plan set to 999CHF that triggeres 1st of every month, will the KYC verification get triggered on the 1st of march, since february has less than 30 days?
Hey Ron!
You're right. Since February has fewer than 30 days, a DCA purchase set for the 1st of each month would exceed the rolling 30-day limit on March. Unfortunately, we don’t have control over this rule, and we’re really sorry for the inconvenience.🙄
As the 30-day period is rolling, transactions from early February will still be counted toward the limit on March 1st. Once those older transactions fall outside the 30-day window, the full 999 CHF limit becomes available again.
Hmm, that's unfortunate. That means anyone with a scheduled automatic monthly dca above 500CHF will eventualy get caught on this. When you include weekends and holidays where payments are postponed until next work day, and if subsequent month payment goes through as planned, they will be in trouble :(
Aus Tag wird Monat. Fuck the EU.
