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Apparently banks are blocking the purchase of crypto. Any alternatives?
I use cash app
I use exodus and moonpay with commbank. No issues at the moment
Coinspot have stopped my transactions until I spoke to them
Coinbase also have done thousands via commbank no worries
LevButlerov
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Don't send from exchanger to the final destination directly. Always transfer your crypto to a non-custodial wallet (self-custody wallet basically) before sending final payments. Safety, and your exchanger account won't have issues either.
seconding this as someone whos coinbase account was just closed
NAB also block me from purchasing crypto.
Generally nothing a quick phone call can’t fix
I use trhis and another app. The UK's FSA regs mean every time I get money I have to verify where it came from. Pain an ass
Lmao what????
Always Chile back with “penis enlargement” make it as awkward as possible for everyone involved hahahaha
Yeah they called me twice. I told them nfts and they asked if it was something illegal because someone else made a transaction to that wallet for a different reason
I said I don't know about that then I got the whole you could get scammed thing.
Fucking whole process took like 48 hours from when I deposited the money.
They should mind their own business and let us do what we need to.i remember the good old days when we could rob banks and get away easy lolYeah they called me twice. I told them nfts and they asked if it was something illegal because someone else made a transaction to that wallet for a different reason
I said I don't know about that then I got the whole you could get scammed thing.
Fucking whole process took like 48 hours from when I deposited the money.
I remember coinspot called me to ask me who and why i was sending $800 to this person. I told them i just had an expensive dinner with friends and was paying them back.Yeah they called me twice. I told them nfts and they asked if it was something illegal because someone else made a transaction to that wallet for a different reason
I said I don't know about that then I got the whole you could get scammed thing.
Fucking whole process took like 48 hours from when I deposited the money.
LevButlerov
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This is the reason you need a non-custodial wallet, you can say you are transferring your crypto off the exchanger to a personal wallet. This is a common practice in the 'crypto' industry. @6foothasbulla
sorry maybe i dont understand the terms, what do you mean by non custodial wallet?, so would you buy off coinspot or binance for example then transfer it out? as of now im just buying direct off exodus and sending from that, seems to be a cold wallet
i swear crypto used to be more simple haha
exodus would be an example of what lev is talking about. a unique address that changes each time
the reason some banks are scared of crypto is money laundering, crime and other shit that is involved with crypto being moved around. same stuff goes on in the USA. banks don't want to deal with any heat.
gotcha ok ill stick with exodus,
used to be so much easier, tried to use binance a bit ago and they hacked in and tried sending money everywhere, never agin haha
LevButlerov
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Think a wallet like Exodus, this is very popular now to use. Back it up with your secret phrase and it's on your phone under your ownership not the exchanger. @Oracle911
Exactly.
gotcha thanks lad, ill stick to exodus then
Gold advice boys from LEV
Great work brother
Ive had this too. Just said I lost a bet with a mate
They called my mate too, he said mind your own business and hung up lol
