I was just reminded why I love crypto...
Just did a transaction from my bank account to @coinbase. Since it's 1 am where I'm at, the transaction is not clearing until tomorrow.
Banking system is so slow!
I was just reminded why I love crypto...
Just did a transaction from my bank account to @coinbase. Since it's 1 am where I'm at, the transaction is not clearing until tomorrow.
Banking system is so slow!
Yes, sometimes. However, in many banking systems, online transactions are almost immediate. I am not prioritizing one over the other. We need both systems and cooperation in between.
#aliveandthriving
oh yeah. I try to do only LTC and HBD
Maybe I'll have luck and while the fiat doesn't arrive on Coinbase the whole market will correct and I'll get a better price 😅
w
you might. most likely will just go sideways. i don't think big market moves will happen until Jan 10
I hear you... I mostly use PayPal or CashApp both ways... Hive -> LTC on Coinbase -> PayPal typically takes about 15 minutes, same in the opposite direction.
Yeah, maybe I should start doing it with PayPal.
I used to use Revolut, but now they've limited transactions to a certain amount a day, I think it's $500/day, which is not really that much.
Bankers went after Revolut cus it was so good...
PayPal is very mainstream, of course, but it's a decent on/off-ramp. I have a commercial level account so can move up to $10,000/day before it raises flags.
Yeah... the incentive to innovate isn't strong for banks.
They earn more by charging you extra for 'instant' withdrawals which could've been free and instant using crypto. What a joke.
Yeah, I had to wait 3 business days for coinbase to get my transaction because I didn't use the instant deposit feature!
I actually panicked and called support after 2 days... it was a bunch of money that I transfered in.