2 ms·

Understandable yet totally absurd. Can you imagine if your bank had the same requirement?

• duxup 5y ago
  Depends on my bank. I’ve got long term investment accounts that I hardly touch … I would have no problem with such a rule/ extra validation of any moves of money. Granted crypto.com might not be / want to operate like that.
• foobiekr 5y ago
  I would actually love such a feature, especially in a brokerage context.
• mcescalante 5y ago
  At least one US investment banks I've used require a waiting period before transacting with a newly added account/routing number for wires/ACH. I've even got calls from customer service manually confirming transfers/withdrawals if it's a new account or one that's been unused for a long period of time. That said, there is no waiting period on me withdrawing from my checking account.
• criddell 5y ago
  Maybe it shouldn't be mandatory, but it might be a nice (default) option to have.
• thebean11 5y ago
  They certainly have similar requirements. ACH transfers take days, wire transfers require you to jump through verification hoops, ATMs have low daily limits.