Locked out of binance. Withdrawal nightmare.

Well I'm really frustrated.

Get everything set up everybody's telling me how amazing this website is and to use this service and I go sign up everything's great everything gets done and I'm guessing that everything's ready.

Yeah that's not what happens apparently I can buy all I want but they won't pay me and give me money.

So I just got done spending a huge chunk of the funds that I need uselessly sending it to them swapping it all over and then now having to send it away.

And now I got to go pay more fees....

And of course I mean I can go try to sign up with this service and link my bank account and then go to the bank for the next 3 days waiting for a mystery transfer that is under a dollar to verify blah blah blah....

I have completely went through this process four times now and there has been absolutely zero transfers.

Uselessly driving back and forth to the bank. Checking in for these transfers that never happened.

Apparently relying on the services is ending up costing more than if I would have just cashed out and paid the fees.

Note to self. This is a pretty bad situation. However the experiences extremely valuable.

Well I'm just ranting and frustrated that I don't know any better.

I really wish we had a blockchain specific out that wasn't relying on third-party services that prevent you from even accessing your funds.

Personally I would absolutely pay whatever fee it was for a direct access from our blockchain straight to my card.

One of these days...

Anyway thank you very much.

At least I have a place to record my rant.

However on the good side I can use binance to buy in. Lol.

However this is One direction only and now I have another issue on the entire card being registered to them and online break-ins blah blah blah....

Really frustrating.

I think I'm going to take a nap.

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2 comments

I haven't tried withdrawing cash yet. Thanks for the warning.

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Yeah... I really wish I didn't have to. Or that we had a option that was simple and effective for us instead of trading for this that and then eventually cash...

Grrrrrr.

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So what is holding you up on Binance.us? Did you do it the way I told you to? You are going to pay transaction and exchange fees no matter what, there is no way around it. I told you the process can take 3-5 days to get the funds so not sure why you are trying to go to the bank today looking for it. You could have just also as easily gone from Hive to BTC like I told you and cashed out using Cash App, fees would have been more though.

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Binance...

I can buy but they won't let me cash out. So I go to the bank and get routing and all that just to do this...

And then find out the verification process is the one I spent a month trying to get to and never got a single transfer... Months of waiting multiple trips to the bank.... Wasted.

Now they want me to do that again. I don't have a month to fight again on something that never happens.

So yep had to pay more fees and swap it to cashapp. Should have don't that and just paid the fee instead of trying something new.

My fault... Got the busd, couldn't transfer that to binance. Had to transfer it back...

Total shitshow and waste of over and over and over...

Fee erosion? Shit guessing they are going to take me for about 25%.

Sigh. I can't win for losing and making others rich while I'm at it at my expense.

Price of wisdom.

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Well, sorry you had problems with it. You might have to contact their customer support or something to figure out why you can't withdraw. Or just keep going to cash app. Trying to just give you options. You have to use what works for you.

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