I’m not worried about that. I have lost a small amount to the Bitgrail exchange, which turned out to be a scam. Other than that, my only w/d problem has been with Poloniex, an American exchange I no longer use. Though I sent them a photo with enough resolution that you could see individual eyelashes, they claimed my selfie was not good enough quality for verification, so limited my daily withdrawals. It took a couple of weeks to be done with them.
I hadn’t heard about January 3 – not following crypto news so assiduously these days – but did withdraw BTC from Bibox, Bittrex, and Binance exchanges yesterday with no problem. And every other coin/token I can store locally…mostly dribs and drabs, but all arriving very quickly.
Wise move. HitBTC (Hong Kong based) wobbled and may go down. They froze withdrawals 2 days ahead and called the owners of the BTC, who were trying to move their own coins, a “flash mob.”
Interesting – ! I did open an account at HitBTC at some point, but in my records have long flagged it as bogus. Whether I was tipped off, or perhaps the site simply didn’t work, I don’t recall. Unlike a bank, there should be absolutely no reason for an exchange to freeze withdrawals, unless they’re stealing funds or leveraging them somehow.
Cool trick! Now try to get it back out.
I’m not worried about that. I have lost a small amount to the Bitgrail exchange, which turned out to be a scam. Other than that, my only w/d problem has been with Poloniex, an American exchange I no longer use. Though I sent them a photo with enough resolution that you could see individual eyelashes, they claimed my selfie was not good enough quality for verification, so limited my daily withdrawals. It took a couple of weeks to be done with them.
These exchanges are so full of BS that Jan 3 “proof of keys” may be their undoing and possibly the undoing of many of their customers. We’ll see.
I hadn’t heard about January 3 – not following crypto news so assiduously these days – but did withdraw BTC from Bibox, Bittrex, and Binance exchanges yesterday with no problem. And every other coin/token I can store locally…mostly dribs and drabs, but all arriving very quickly.
Wise move. HitBTC (Hong Kong based) wobbled and may go down. They froze withdrawals 2 days ahead and called the owners of the BTC, who were trying to move their own coins, a “flash mob.”
Interesting – ! I did open an account at HitBTC at some point, but in my records have long flagged it as bogus. Whether I was tipped off, or perhaps the site simply didn’t work, I don’t recall. Unlike a bank, there should be absolutely no reason for an exchange to freeze withdrawals, unless they’re stealing funds or leveraging them somehow.