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RE: LeoThread 2024-12-02 14:36

in LeoFinance9 days ago

A friend of mine just tried to buy $250 of Bitcoin in Trust Wallet using their credit card...

First, he had to confirm his account. Then, he had to answer a question about what the payment was for. Then he had to re-identify himself with a passport and a physical address.

Finally, he got an email stating that his transaction and Visa card had been blocked, and that no transaction was done.

The joys of traditional banking!

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Darn! It sucks to go through all the trouble only to end up not being able to buy and worst, having his card blocked.