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Banks blocking purchasing crypto

I use coinspot just transfer my deposit via PayID goes in no issues
Coinspot have stopped my transactions until I spoke to them
 
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.
 
☑️ Generally nothing a quick phone call can’t fix
** but I’d always have a cold secondary wallet set up


This includes coinspot or anyone else for that matter, sometimes it’s a simple as security checks in place.
 
Coinbase also have done thousands via commbank no worries
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.
 
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 lol
 
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.
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.
 
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.
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
 
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
 
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.
 
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