Get your coins out of exchanges!!!

in speakyourmind •  7 years ago 

Like an idiot I left a few thousand burst on bittrex to trade with and tonight discovered my account withdrawal limit was set to zero(it occurred this week). I applied for a basic account but was denied, which means to get my coins I’d need to send passport info, photos, etc. SCREW THAT! I’m taking a small loss and learning my lesson!

Time to start downloading wallets and offloading coins from other exchanges! Any recommendations on how to say trade without risking loses to exchange withdrawal limits/stops?

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Why dont you want to identify yourself?

Must be some critical issue, to leave $$ behind

This account is linked to my Instagram so it’s not about my name, age, etc. I just want to reduce the number of companies with my ssn, passport, etc. How can I trust Bittrex’s security? Also we’re talking about roughly $50 USD, nothing too significant. If it was $500 then I’d probably just give them my ssn.

Good advice. I need to start working on this ASAP

I’m hoping it’s temporary but planning for the worst!

Better to be prepared for the worst and hope you just overplanned lol

How do you manage all the different wallets? If I traded a single crypto it would be easy enough to have a paper wallet but I'm currently dabbling in 6-7 depending on the day. Managing that many wallets, keys, etc. feels like more trouble than it's worth sometimes.

I’ll probably have to stick to investing in only a few coins. I don’t have much invested in crypto to begin with so a few coins is enough.

Fair enough. I suppose I don't really have an excuse for the few coins I plan on holding for a very long time, either :P