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Topic: Bitwala - Get ready for Blockchain Banking - page 18. (Read 38861 times)

hero member
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When do you plan on having IBANs ready? Will they be named?
full member
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I use private and business Bitwala account and everything goes like it should go.I am very satisfied.But....
This will maybe sound stupid but it is a really big problem.My company main occupation is MINING and has hard pressure from banks in Germany, they close my company bank account after 2 or 3 payments from Bitwala and Bitpanda, saying there is a risk for them from possible money laundering. My question is do you have plans to offer regular IBAN numbers in near future so we can skip banks once for all? Or provide some document what can be used to clear this misunderstanding with banks when we pay out money.

Hello Ledio,

I will send you a PM because I would like to get more info about your bank provider. We have never had this issue because our partner bank is from inside the EU.

We are working hard on providing our own IBAN bank accounts for customers.

Please check out our vision page https://vision.bitwala.com/ and roadmap page https://vision.bitwala.com/roadmap/.

Best regards,

Robert @Bitwala
newbie
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I use private and business Bitwala account and everything goes like it should go.I am very satisfied.But....
This will maybe sound stupid but it is a really big problem.My company main occupation is MINING and has hard pressure from banks in Germany, they close my company bank account after 2 or 3 payments from Bitwala and Bitpanda, saying there is a risk for them from possible money laundering. My question is do you have plans to offer regular IBAN numbers in near future so we can skip banks once for all? Or provide some document what can be used to clear this misunderstanding with banks when we pay out money.
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Hi, is there any ETA for this. BCH has been around for a while, and you guys are the only wallet that I'm using that hasn't provided me an option to withdraw the BCH from the wallet. My understanding is that this is a Bitgo wallet, and Bitgo already provided a solution.  Can you please let me know when do you expect to have a solution?. Thanks

Hi Erbobby,

Our team is working on it as we speak and it is a high priority but sadly I can't give you an ETA at the moment.

Best regards,

Robert @Bitwala
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Hey Erbobby,

Thanks for your message and your patience while we address this issue. We are working hard on bringing a convenient solution very soon and will publish an update on that shortly.

Kind regards,
Bitwala Team


Hi, is there any ETA for this. BCH has been around for a while, and you guys are the only wallet that I'm using that hasn't provided me an option to withdraw the BCH from the wallet. My understanding is that this is a Bitgo wallet, and Bitgo already provided a solution.  Can you please let me know when do you expect to have a solution?. Thanks
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September 21, 2017, 05:29:45 AM

Our CEO Jörg and CTO Ben will be attending this year's Bits and Pretzels,
a 3-day founders festival that connects 5.000 startup enthusiasts, on September 24-26.
You will find them at stand: ST035

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September 21, 2017, 05:11:18 AM
Since you are discontinuing the current card for us folks outside the EU, is there a planned replacement card for non-EU residents?

Need to quote myself.

Hi CharlieCox,

Sorry for the delayed answer to your question. We are looking into finding new ways to offer our cards to customers in the EEA and selected adjacent states https://help.bitwala.com/card/which-countries-can-the-bitwala-prepaid-card-be-sent-to. We will inform you here and on all other social media channels as soon as we have a solution in place.

Sorry for any inconveniences that have occurred because of this unwanted change.

Best regards,

Robert @Bitwala
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September 20, 2017, 05:33:59 AM
Since you are discontinuing the current card for us folks outside the EU, is there a planned replacement card for non-EU residents?

Need to quote myself.

everyone in the sphere is scambling to get a provider for non-EU members, I think they'll all sign on pretty much at the same moment.
member
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September 20, 2017, 05:10:57 AM
Since you are discontinuing the current card for us folks outside the EU, is there a planned replacement card for non-EU residents?

Need to quote myself.
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September 19, 2017, 09:11:13 AM

We are excited to be heading to BlockchainUA in Kiev this Friday! Come hear our CTO, Ben present the latest insights from Bitwala.

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September 18, 2017, 06:19:20 AM
Hi Robert,

I forgot to consider the part with the keys. As Bitwala has no access to users keys, it is one of the good points to use Bitwala.io.
But what about if the users need to create a separate wallet to enable this feature, or create another wallet with this feature sets by default? It can be something great for individuals but it can be also useful for businesses, for example, those who are worried about the volatility in crypto.
For me, I would create a second wallet where each coin received is sold at the rate of the day, and set the wallet to send me a SEPA once it reaches 100 euros at least (minus fees)

Hi LeGaulois,

We discussed your idea today in our group meeting and the tech team will look into our options. Maybe we will offer this service in the future. I will post it here if and when it goes live.

Thank you again for your feedback and idea!

Best regards,

Robert @Bitwala 

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September 15, 2017, 02:57:17 PM
Bitwala, thanks for implementing the multi wallets feature, I noticed it this week only, it was something I always wanted to have. It's good to see continuous improvements from Bitwala.io. Who knows maybe a day we will have our dedicated IBAN  Grin ...
What about adding a feature that auto sell/transfer our bitcoins to our bank account: For exemple, my wallet receive bitcoin and it gets sold and transfered to my bank account (after setting a minimum amount) at the current rate the day of the transaction. (considering we set for example a 250$ minimum to trigger the SEPA transfer out, once I sold for 250$ Bitwala makes the transfer)

Hi LeGaulois,

Thank you for your feedback Smiley. We love hearing that our improvements are noticed and appreciated by our users. I like your idea with an automated payout function.

My train of thought in regards to your idea:
It would only work if Bitwala had access to users private keys and this is something that brings a lot of potential "issues" with it. At the moment Bitwala can't access anybody's funds and this is the highest level of security that can be offered. It means we as a company can't be pressured by any individual, group or governmental institution to access anybody's funds. Furthermore, no hacker could ever access any of our user's wallets by attacking our site or servers.

I guess it is a question of how small the minimum amount to trigger a payout would be and if users were willing to accept the "issues" that could occur. How would you decide?

Best regards,

Robert @Bitwala

Hi Robert,

I forgot to consider the part with the keys. As Bitwala has no access to users keys, it is one of the good points to use Bitwala.io.
But what about if the users need to create a separate wallet to enable this feature, or create another wallet with this feature sets by default? It can be something great for individuals but it can be also useful for businesses, for example, those who are worried about the volatility in crypto.
For me, I would create a second wallet where each coin received is sold at the rate of the day, and set the wallet to send me a SEPA once it reaches 100 euros at least (minus fees)
member
Activity: 212
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September 15, 2017, 04:34:20 AM
Hey Team,

Since you are discontinuing the current card for us folks outside the EU, is there a planned replacement card for non-EU residents?
full member
Activity: 370
Merit: 100
Own your future. Live on crypto.
September 15, 2017, 04:12:23 AM
Bitwala, thanks for implementing the multi wallets feature, I noticed it this week only, it was something I always wanted to have. It's good to see continuous improvements from Bitwala.io. Who knows maybe a day we will have our dedicated IBAN  Grin ...
What about adding a feature that auto sell/transfer our bitcoins to our bank account: For exemple, my wallet receive bitcoin and it gets sold and transfered to my bank account (after setting a minimum amount) at the current rate the day of the transaction. (considering we set for example a 250$ minimum to trigger the SEPA transfer out, once I sold for 250$ Bitwala makes the transfer)

Hi LeGaulois,

Thank you for your feedback Smiley. We love hearing that our improvements are noticed and appreciated by our users. I like your idea with an automated payout function.

My train of thought in regards to your idea:
It would only work if Bitwala had access to users private keys and this is something that brings a lot of potential "issues" with it. At the moment Bitwala can't access anybody's funds and this is the highest level of security that can be offered. It means we as a company can't be pressured by any individual, group or governmental institution to access anybody's funds. Furthermore, no hacker could ever access any of our user's wallets by attacking our site or servers.

I guess it is a question of how small the minimum amount to trigger a payout would be and if users were willing to accept the "issues" that could occur. How would you decide?

Best regards,

Robert @Bitwala
full member
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September 15, 2017, 03:51:00 AM
I ordered a card a year ago.
they took 5 euro from my account. but they did not send my card.
I can not enter my account.

Hi BigRasputin,

I'm sorry to hear that you didn't receive your card. To be able to help you we need some personal information from you so I would suggest you contact us via email at [email protected]. We will get back to you as soon as possible and find a satisfying solution for you.

Best regards,

Robert @Bitwala
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September 14, 2017, 03:03:00 PM
Bitwala, thanks for implementing the multi wallets feature, I noticed it this week only, it was something I always wanted to have. It's good to see continuous improvements from Bitwala.io. Who knows maybe a day we will have our dedicated IBAN  Grin ...
What about adding a feature that auto sell/transfer our bitcoins to our bank account: For exemple, my wallet receive bitcoin and it gets sold and transfered to my bank account (after setting a minimum amount) at the current rate the day of the transaction. (considering we set for example a 250$ minimum to trigger the SEPA transfer out, once I sold for 250$ Bitwala makes the transfer)
sr. member
Activity: 672
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September 14, 2017, 05:19:05 AM
I ordered a card a year ago.
they took 5 euro from my account. but they did not send my card.
I can not enter my account.
full member
Activity: 370
Merit: 100
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September 14, 2017, 05:14:28 AM

A closer look at the state of Bitcoin and Bitcoin market in the UK

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September 13, 2017, 07:17:17 AM
Tried to go to:

https://my.bitwala.com/signup

It's not loading. It's been this way for the last 24 Hours.

Hi Shaunrico,

Sorry for the late reply and that you experienced this issue. The issue was fixed yesterday.

Best regards,

Robert @Bitwala
newbie
Activity: 5
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September 12, 2017, 02:09:28 AM
Tried to go to:

https://my.bitwala.com/signup

It's not loading. It's been this way for the last 24 Hours.
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