Going offshore to escape the CFTC

Also there is a Abra, Uphold and Cryptodotcom I never used them but review is :white_check_mark::+1:, You can use it alternative to Coinbase and slowest to get your money in&out is the Gemini.

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Coinbase when I said why did you take the money from my account they said you used our platform to conduct activities that are not authorized by our company. Second time they froze the account for 7 days and did not return the BTC deposit from fxchoice I had made.

Now I use abra and pay higher fees and cash app and kraken, have yet to have a problem. Maybe it’s just a madder of time before I have issues with one of those btc <-> usd converter companies.

This has been my experience with coinbase, others may not have had any kind of issues using coinbase. I was not using pro just the normal coinbase. I do not know if its something allowed by pro and not allowed by coinbase regular. I do not want to take the chance on dealing with them. That is just me.

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Thanks for the heads up. Always looking for more ways to transfer. Looking into Cash App.

what’s the fees like with cash app

2% what I have found to be the real number when all said and done with money in the account but you need to wait 2 days for transfer of USD -> Bank Account.

ok, if you buy bitcoin on coinbase with debit card you should transfer your bitcoin to coinbase pro then send your bitcoin to your broker

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All of this talk regarding Coinbase made me curious, so I took a look at their policy regarding prohibited business activities. I have to say, this is looking like PayPal all over again, in the sense that they want to control everything that you can/cannot use their service for, and anything that they deem unsuitable is subject to account freezing/termination and withholding of funds etc.:

Here is an excerpt that would pretty much cover anything that we are doing:

By opening a Coinbase Account, you confirm that you will not use Coinbase Services in connection with any of following businesses, activities, practices, or items:

  • High risk businesses: any businesses that we believe poses elevated financial risk, legal liability, or violates card network or bank policies


Cryptocurrency is considered by most to be a high-risk investment. As per usual, the hilarity ensues…

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Doesnt cash app have withdrawal limits? what if your doing 10k+ withdrawals more than once a month?

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What about Kraken, Bitstamp? Why arent those also considered alternatives if issues arise from coinbase?

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Cash App is exactly just like PayPal, With send / receive & buy / sell crypto. .

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Yes I’m aware, Ive bought on the app before but my concerned are their limits and how frequent I can get my withdrawals, hence the question about the withdrawal limits

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withdrawal limits different person to person, they increase mine to 2K a week now. It’s more than enough for me. Coinbase /PayPal ect. also have a withdrawal limit depends person account size . There is a way to increase your limit and you ask them how to increase your limit.

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You may also use a crypto pay card to withdrawal cash and/or make purchases etc… Limits are usually much higher.

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Binance USA is worth a consideration instead of using Coinbase to buy and sell.

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cash app is awesome to buy and sell btc. I use cash app to deposit my trading account

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By opening a Coinbase Account, you confirm that you will not use Coinbase Services in connection with any of following businesses, activities, practices, or items:

Investment and Credit Services: Securities brokers; mortgage consulting or debt reduction services; credit counseling or repair; real estate opportunities; investment schemes

Restricted Financial Services: Check cashing, bail bonds; collections agencies.

Intellectual Property or Proprietary Rights Infringement: Sales, distribution, or access to counterfeit music, movies, software, or other licensed materials without the appropriate authorization from the rights holder

Counterfeit or Unauthorized Goods: Unauthorized sale or resale of brand name or designer products or services; sale of goods or services that are illegally imported or exported or which are stolen

Regulated Products and Services: Marijuana dispensaries and related businesses; sale of tobacco, e-cigarettes, and e-liquid; online prescription or pharmaceutical services; age restricted goods or services; weapons and munitions; gunpowder and other explosives; fireworks and related goods; toxic, flammable, and radioactive materials; products and services with varying legal status on a state-by-state basis

Drugs and Drug Paraphernalia: Sale of narcotics, controlled substances, and any equipment designed for making or using drugs, such as bongs, vaporizers, and hookahs

Pseudo-Pharmaceuticals: Pharmaceuticals and other products that make health claims that have not been approved or verified by the applicable local and/or national regulatory body

Substances designed to mimic illegal drugs: Sale of a legal substance that provides the same effect as an illegal drug (e.g., salvia, kratom)

Adult Content and Services: Pornography and other obscene materials (including literature, imagery and other media); sites offering any sexually-related services such as prostitution, escorts, pay-per view, adult live chat features

Multi-level Marketing: Pyramid schemes, network marketing, and referral marketing programs

Unfair, predatory or deceptive practices: Investment opportunities or other services that promise high rewards; Sale or resale of a service without added benefit to the buyer; resale of government offerings without authorization or added value; sites that we determine in our sole discretion to be unfair, deceptive, or predatory towards consumers

High risk businesses: any businesses that we believe poses elevated financial risk, legal liability, or violates card network or bank policies

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use any crypto exchange including coinebase PRO you will by pass all the bs

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I Guess the nanny states are cracking down, i just got this email from ePayments

" URGENT: Information about your ePayments account

Dear customer,

We write to inform you that in accordance with paragraph 12.1 (j) of our standard terms and conditions, we have unfortunately taken the hard decision to suspend activity on customer accounts, effective from today. During the course of this suspension customers will be unable to transfer, deal, withdraw or deposit funds and will be unable to use their ePayments cards.

Following a review by the Financial Conduct Authority (‘FCA’) of ePayments Systems Limited’s (‘ePayments’) anti-money laundering systems and controls, a number of weaknesses have been identified which require urgent remediation to ensure that our customers can enjoy a safe and secure platform.

Following discussions with the FCA, ePayments has agreed to suspend activity on customer accounts until remedial action has been undertaken to the satisfaction of the FCA.

We know this will be a very frustrating time for our customers. We apologise for any inconvenience caused and are working tirelessly with the FCA to ensure improvements are made and accounts can be reactivated as soon as possible.

During this improvement process, we want to assure customers that their funds are being safeguarded as normal.

[Removed due to forum policy violation]

Thank Goodness i have no money in my epayment account are it would of been held up until further notice- :fist_right: :roll_eyes::fist_left:

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2nd email this time address to me with my name and account number

Dear JAMES,

Your account

We write to inform you that in accordance with paragraph 12.1 (j) of our standard terms and conditions, we have unfortunately taken the hard decision to suspend activity on customer accounts, effective from today. During the course of this suspension customers will be unable to transfer, deal, withdraw or deposit funds and will be unable to use their ePayments cards.

Following a review by the Financial Conduct Authority (‘FCA’) of ePayments Systems Limited’s (‘ePayments’) anti-money laundering systems and controls, a number of weaknesses have been identified which require urgent remediation to ensure that our customers can enjoy a safe and secure platform.

Following discussions with the FCA, ePayments has agreed to suspend activity on customer accounts until remedial action has been undertaken to the satisfaction of the FCA.

We know this will be a very frustrating time for our customers. We apologise for any inconvenience caused and are working tirelessly with the FCA to ensure improvements are made and accounts can be reactivated as soon as possible.

During this improvement process, we want to assure customers that their funds are being safeguarded as normal.

[Removed due to forum policy violation]

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I got this first email as well. Never used them either.

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