Quote from: sp_skeptic on September 05, 2017, 03:01:22 PM

Has anyone been able to cash out of Monero?

I am having a truly Kafkaesque exerience. I'm tier 4 verified on Kraken, but have been unable to withdraw any funds to my bank account. No explanation so far. My bank account details are all correctly entered.

I gave my church a substantial amount of Monero. They spent 3 months getting verified on Kraken but have also been unable to withdraw any funds. They were told that the wire transfer process has to be separately verified. They are trying to jump through all the hoops but I am beginning to lose hope.

Similar problems on Coinbase. I have tried selling Bitcoin on Coinbase but the transaction has been rejected because I am "over the weekly limit", which I'm clearly not. This used to work.

And I'm having the same problems on goldmoney.com. Not a cryptocurrency but again transfer out is not working for nonsensical reasons.

I'm starting to wonder whether the whole cryptocurrency world, if not the entire financial world, is fake. What does the Monero price matter if there's no real world liquidity?

Anyone else having similar problems?

I have had a good experience with Gemini. Verification only took 1 week or so (this was earlier this year), and there are no withdrawal fees. Trading fees are reasonable, unlike the Coinbase 1.5%. ACH withdrawals have been smooth. Haven't tried a wire withdrawal yet but I hear that it is reliable.