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They on purpose don't allow balances in USD as maybe then they will be considered a bank. Once you go thru their verification process, you get buy instantly up
by kolev 13y ago
They on purpose don't allow balances in USD as maybe then they will be considered a bank. Once you go thru their verification process, you get buy instantly up to 10 BTC/week without waiting (although sometimes they turn this feature off for whatever reason). Also, you don't need to wait a whole week - you get hourly increases of the 10 BTC quota, which is nice... when it works.
- jessaustin 13y agoThey on purpose don't allow balances in USD as maybe then they will be considered a bank. It seems e.g. PayPal, Amazon, Coinstar, and Bitstamp have negotiated this particular obstacle somehow.
- kolev 13y agoYeah, I found several arguments against my own statement - even in the Bitcoin context such as CampBX.