Yeah this is unfortunate, I never found any information about them restricting any countries
Ive asked their support for a list of the countries they do not allow, he said its on the website,
Ive looked through the whole website and havent found a list, I asked him for a link, still waiting on an answer
I dont know if its necessarily a dealbreaker, but maybe, probably, I dont know
I assume a good chunk of our current users are in the US
Note: crex24 exchange also doesnt allow US users, but its just an IP restriction, can bypass it with a VPN, they dont do KYC
Is the US too unfriendly on Cryptocurrency?
Is there an easy/cheap way to become a citizen of another country? dual citizenship?
Cryptocurrency is a world currency, without borders
Arent we all citizens of planet earth? of the milkyway galaxy?
Should we move to another country thats more friendly to crypto?
Support guy is giving me the run around, said theres a link, wont provide me with a link,
now he is saying there was a mailing about it to all registered users, now Im asking for a copy of the mailing
Only other reference I could find of USA being restricted on Coinsbit, 18 days ago
https://www.reddit.com/r/airdropalertcom/comments/de93o6/coinsbit_warning_for_those_in_the_usa/Support now asked me to join online chat on the website,
They are saying US is only country they do not allow,
and theyre claiming its in the Terms of use, but I cant find it in the Terms,
I asked them to pinpoint the section,
Now hes going back to saying it was in the mailing,
I asked for a copy of the mailing and he said no and left the chat...
Well I think its a matter of saving up our BTC investment for a 'really good deal'. Its not that I think the deal is not worth 1 btc, its more of our last bitcoin available for quite a while once we spend it. If we save it, we can make a deal with another top 25 exchange - hopefully.
I havent created proposals for the backup plans because coinsbit
appeared to be an amazing deal, but snuffing out 50% of our customer base for trading drops it, imho, down to a 'shaky deal'. We just dont have the budget to make mistakes any more, we must be perfect in all ways (easy to say, hard to do).
So we have graviex, which is a tiny exchange, but only .05 btc, and we have Stex who does accept US customers (to my knowledge), but they dont want to do a 'btc/bbp' deal (they offered .50 for bbp-eth) and Im a little turned off by Ether right now based on our virtually zero volume on tokok, so maybe we should consider voting it down and keeping our powder dry for the next deal- as I think if we are persistent, someone will have a heart for us and put us up with the big dogs. We can always go back to development and make PODC 2.0, and reapproach the big dogs.
Once we spend this, we are out of the exhchange game for a while. If we save the money, we can afford a "really good deal" if we can keep searching. (To clarify, even 1.5 btc or 2.0 btc if the deal is a top 5 exchange etc).
As far as the question about what is wrong with the US, the thing is we are using our power to impede the USD in ways the banking system has to adhere to - like swift transactions, and the power of NY SEC regs and money laundering ricochets through the world. Sometimes court agreement can get people thrown in jail even in other countries because of our temporary financial strength (which, Im not saying is right to be subject to-- Im saying exists currently) and the world hates this
, thats part of what crypto is changing ironically!