I just want to know how much time they usually give you between asking for source of funds info/documents and cutting off withdrawals.
They will just ask additional info about your income once you hit the
"alarm" whatever the account level. On how much the amount involved for that, no one knows. As long as a certain user always do withdrawals regularly with quite a decent amount average on a given period, expect a surprise message from them.
Based on my experience, 2 months or less after you received the first email about complying with the additional info, your limits will be lowered first. Then a few days or weeks later, that's the time now they will cut your withdrawals but you can still send funds to others either to
BTC external address or to a coins.ph user. That what I always did during the time my withdrawal got halted.
I don't have a bank account nor do I get statements from my employer. I do get paid in PayPal sometimes, but that's irrelevant to Coins. I do generate invoices for one of my clients.
That will do. Just give it a try. It's still a form of revenue.
The whole "source of funds" thing seems dumb though. PayPal or any bank account I've ever had never asked me about my source of funds -- why would it matter for cryptocurrency. Oh well, I don't make the rules.
I do agree but that's not all about crypto in general. That is part of the mandated terms of the BSP to any banks here in PH, including all crypto-related services so all companies on that industry have to comply.
