Lyster
๐ค SpeakerAppearances Over Time
Podcast Appearances
wire-based deposits or crypto-based deposits.
Kraken does not have any sort of restriction on crypto-based deposits or wire-based deposits.
This I can definitively say.
WeBot has one little quirk about its hold.
That is not documented.
And that's why I figured I would do this so I can help people that are getting into it for the first time.
And it affirms what I said in the first coverage where I said I would not use them as a regular routine exchange.
This is what I'm getting at now.
It was something I was sensing, but I didn't understand it until I talked to them.
I get why they do it, and it might actually help their stability to some degree, but I think people need to understand it, and it's not documented on their site.
They actually openly admitted this is not documented on the site.
It's kind of implied, and no, it's not.
I think that's crap.
So if you get into WeBot slash PionX.us for the first time, do not give them any fiat.
saying for the first time do not give them fiat if you're gonna go deposit only crypto that rhymes if follow me if you deposit fiat first they track a balance so let's say that you let's say you do your and it doesn't even matter it could be wire it could be it doesn't matter but let's say debit card just for simplicity sake so there's a 10-day hold let's say you deposit 200 bucks
There's a 10-day hold.
Now, if you were to deposit your BDAG, right now your BDAG isn't really worth much.
You would have to have at least $400 worth of it, which is a lot of BDAG right now, to be able to pull back $200.
You're like, that's what I'm... So...
The way we bots works is the moment you deposit Fiat, that is subject to a hold.