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.
I really feel you bruv! But as it is, the best is just to make sure the information for the basic verification is correct. They could have some reasons why they do not allow re-editing of that information, maybe in case accounts get hacked or something. I honestly questioned the authenticity of the public record they make use of when I did mine and it went seamlessly without issues, but from what you have said, after entering just any record and it bounced, my question of the authenticity got answered. Still baffled though how they make that to work. I had to just do the enhanced verification too anyway... as long as I can withdraw more than enough.
However, it is just funny that most of these exchanges are beginning to act more like banks and it is getting pissing, but do we really have a choice now than to stick with what we have until probably we get to see a decentralized exchange that can make trading cryptos easy as sites like bittrex, most especially for regular traders?