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Re: stervc post# 79008

Friday, 09/16/2022 1:55:23 PM

Friday, September 16, 2022 1:55:23 PM

Post# of 97512
I had the same experience with Coinbase. They suck. It took me almost a week to verify my account. It's like that with all of the big centralized exchanges in the US. Don't use Coinbase bro. If you do, IMMEDIATLY transfer your crypto off of Coinbase and put your coins in a wallet that you trust or into a cold storage wallet(Ledger Nano X). Never leave your coins on the Coinbase exchange. They are famous for restricting sells and withdrawals and f'n with their customers, and they will report every trade you make to the IRS too. Coinbase sucks!

I was able to buy some Ethereum(ETH) through BitGift and it took me literally <5 min. The KYC here at Bitgift is awesome, and the easiest I've seen. Once they start adding more coins and features I will use BitGift as my primary exchange. Oh btw, you can gift crypto to yourself through BitGift, so in my opinion BitGift is literally an exchange and imo people will use BitGift as their own personal exchange to buy/sell crypto for themselves far more than they will "gift". However, gifting crypto is a brilliant way to market the BitGift exchange and will drive users to their exchange when they receive their crypto gift. This is why all of the largest exchanges have just recently jumped on the gifting wagon. As BitGift adds features and more coins, more people will discover BitGift and use it. The easy KYC alone will be a huge draw for BitGift and that sets it apart from all of the other major exchanges in the US. I look forward to BitGift adding more coins and features to their wallet and platform. I like where this is heading and am happy to wait for it.