Whats up Steemians,
You've probably seen before What is Daily Withdraw Limit on multiple exchanges, Recently my brother got stuck over two months waiting for confirmation account, so it's true that there are those who go through the process within a few hours but there are those who wait over two months and even saw 7 months, it's crazy! I think the whole thing is dishonest and just stealing! You can deposit in as many cryptocurrencies as you want but can't withdraw it.
There are those who say that it's because the authorities in those trading countries require the transparency of traders against money laundering, but for example, Bittrex operating in the United States and Bitmex (I have not found a source) probably works from there as well, Bittrex has a daily limit and Bitmex has no daily limit. Why? Or they just try to control our money. In addition, I don't think that the whole issue of identification prevents those who want to launder money.
I think there should not be any restriction on deposits and withdraws of Cryptocurrencies, why the community of the crypto says yes to such conditions? and sprinkle their identity on any site that asks, I bet that the majority don't know who is behind these sites. anything can be hacked. especially when it involves money. hope we will see more decentralized trading platforms like I wrote in my last post: Exchange based on Neo's Blockchain and that people leave platforms that try to control our money.
@KingDavidHarp
Trader & Investor
Great info. Upvoted, following, and resteemed!
A friend of mine has been waiting for a verifying procedure since 5 weeks!!
The thing is to be decentralized but we all suffer from few major actors...
Thank you for your post!!
until the dust has settled this will be a problem in many countries
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