Remittances are a lifeline for people in many countries and cryptocurrency ATMs provide a way to send cash to loved ones without visiting a crowded bank office.Īlso read: These Online Stores Will Sell You Masks, Gloves, Emergency Items for Cryptocurrency Crypto ATM Transfers Safer Than Bank Wires in More Than One Way Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Maybe you will be treated politely, maybe you won’t.Transferring money over traditional channels may involve a lot of queuing in lines these days. I was at one time very happy with CoinFlip, but pay attention to the name. Is more expensive, but they respond to every text within 10 minutes. Has been 4 days, and not even the courtesy of a “We will review your claim and respond.” My husband still needed assistance, so I needed to go to different company. I asked to please be reinstated, that I was happy with CoinFlip I did not receive any reply, so several hours later, I sent another email to them, going into greater depth and explaining that an employee had told me I could use any wallet I wanted to use. I explained that I had been told that I could use any wallet and was unaware that I was breaking rules. Less than 5 minutes after I sent the smaller sum of money (still over 2000 though), I received a text from CoinFlip compliance team that my account was on hold for non compliance and asked me to send them an email.
I sent my husband a larger sum of money and then a smaller sum of money the next day. He sent me a link and by this time, I am more familiar with the QR wallet scanning process. Right away, he said that is non compliant with Coin Flip rules. I said that I chose it because was easier to just send to my husband wallet. He was very pleasant and asked why I chose CoinFlip.
#Coin flip atm limits update#
I phoned customer support to update my account and rep asked if would still be same phone number. Earlier last week, I needed to send more than 900. The rep said, “You can deposit it into any wallet you like.” So for 7 months, I have been sending my husband bitcoin so that he can get the supplies he needs to complete his offshore contract. I got in touch with CoinFlip, explained my problem with the BRD wallet system and said, I wish I could just deposit the coin into my husband’s wallet instead. I was used to typing the wallet address manually. I am not the most computer literate person on the planet and some other companies would verbally belittle me for not knowing terms like blockchain and that QR code. First, let me say that for 7 months, I have been very happy with CoinFlip. But for this company, I will make an exception. If I feel wronged by a company, I generally express my displeasure by simply taking my money elsewhere. I generally stay away from these sorts of things. In summary Coinflip has the lowest fees around and has great customer service. I was helped by a very intelligent and pleasantly helpful man named Logan. As I was driving away I called them to inquire as to the rules of these machines etc…. 2 days later I used another machine which I found very user friendly and had all the fees listed transparently. After emailing and calling I have been blown off. They charged me an amount that turned out to be 15% of my deposit and their bitcoin price was 7k higher than market. The amount I was suppose to receive and the price in which they charged for the BTC. After looking at the amount of BTC I realized two things were very off …. I made the deposit and received an emailed receipt. I usually buy my BTC from the exchanges and every once and a while I would utilize the convenience of this ATM by Bitcoin of America. I recently had to deposit a large amount of cash in a BTC ATM located in the BP on the corner of Washington and Ogden in Naperville IL.
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