Strike - absurd deposit limit, not impressed

Just venting a little here. I signed up with Strike for my DCA based on the many recommendations on this sub. Did the KYC, linked my bank account, and....I have a $10 per week deposit limit.

$10, seriously? What the fuck?

I sent an email to support (they have a specific contact us path for limit increases) and got the canned response that limits are set based on complex modeling, blah blah, check back in 30 days. I also know the limit is supposed to increase after I build a history of deposits.

I recently transitioned banks, so maybe the relative lack of history on the new account is behind this. But even being generous and assuming that's the case, I don't like the idea of Strike poking its nose into my bank account history to decide what I can deposit.

Sorry, new users should not need to spend time screwing around with $10 deposits for who knows how long before they can execute their DCA strategy, or follow back up to request another increase. They also need a way to export transaction history, which does not appear to exist.

If Strike wants to be a serious contender to be an easy Bitcoin onramp and seamless method of exchange between parties (a goal I fully support), they cannot jerk people around with arbitrary $10 weekly deposit limits with cryptic reasoning. I'm back to Swan.

/rant

submitted by /u/Live_Jazz to r/Bitcoin
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Quelle: bitcoin-en