New using bitcoin 6 day hold wtf??

JIBBBY · 12-15-19, 12:23 AM

Patience my boy. Nothing good comes in life if you rush it too fast..

Optional · 12-15-19, 12:47 AM

Originally posted by MarkMakers

This isn’t necessarily true. Least not for me. I tested using the debit card after experiencing the wait times with ACH and it’s the same 6 day wait period before I can send the btc to a wallet. Sure, it will show up on your portfolio instantly for “trade” but you cannot send nor withdraw for the standard 5-6 days.

I can't think of a reason why they would need to do that with a debit/cash deposit.

MarkMakers · 12-15-19, 12:56 AM

Originally posted by Optional

I can't think of a reason why they would need to do that with a debit/cash deposit.

Could it be the age of my account (under 30 days old)? I’ve purchased using ACH several times and with debit card twice. Both required 6 day holds before sending to a wallet.