interesting.
thanks for the information.
i'm not that happy that they did this!
what about just withdrawing $150 usd per day. annoying yes but at least you get something out.
also what about doing the basic verification?
use something like hushed on your phone.
that would help a bit.
Yes a basic verification would be enough as it raises your limit to 3 BTC a day provided you have 2FA enabled.
The problem is that their basic verification requires information like name, address etc. and they then check "public records" in an automated process.
As I said, I put in bogus info in the form as nothing stated it needed to be correct and your password number is optional. The problem is, if that check fails, you can't reapply for a basic account. The only option you're left with is getting and enhanced account where you need to provide a selfie and other official documents.
The whole thing is completely ridiculous. Even if I put in my true name and address, I have no idea if they would find me in their "public records".
you could of course just withdraw the 0.025BTC limit every day but this is far from ideal for those who have large amounts on there.