No KYC if not high amounts. I split my BSV 1st. Again, watch the minimums. When I deposited my second batch of BSV, I couldn't trade it, because it was not >= 0.1.
I would second that, but beware of all their minimums! I ran into some of those. Each trade has to be for at least 0.1 BSV, and there are minimums for deposit and withdrawals.
Many years ago I'd just moved to area & wanted to cash a paycheck from a Chase acct. Even w/ ID they refused. I said it says "Pay to the order of" they said that's not what that means.
would be cool to have a new memo function where you make a special post/txn on your current wallet designating the new one as you updated identity.
Superb idea! I'm will attempt to split my BSV by sending my address a tiny amount of split BCH, then consolidating all my UTXOs. That TX should be invalid on BSV so cannot be replayed.
How can you split your BSV out of your memo wallet? When I split before, I moved BCH & BSV to completely separate wallets. But for Memo, I have to keep the same wallet to maintain my identity, n'est-ce-pas?
would be cool to have a new memo function where you make a special post/txn on your current wallet designating the new one as you updated identity.
I know you can't be sure how many UTXOs each wallet has, so I guess estimate based on total UTXOs that exist.
I wonder because I thought "What if every single user wanted to split their BCH from their BSV by consolidating all their UTXOs with some already split ones." How feasible would it be?
OK Math whizzes, can anyone estimate the cost in TX fees and the size of all the TXs (# 32MB blocks) to consolidate everyone's wallets into a single UTXO per wallet.
I know you can't be sure how many UTXOs each wallet has, so I guess estimate based on total UTXOs that exist.
OK Math whizzes, can anyone estimate the cost in TX fees and the size of all the TXs (# 32MB blocks) to consolidate everyone's wallets into a single UTXO per wallet.
I'm in the US and have done this very recently. Not huge amounts, but no problem. Didn't even need an ID. Have you tried to do it? How do you know they will not?
My hope is that if we get critical mass on crypto being used, the Feds will have to abandon that reasoning and just treat using it as a regular non-taxable event.
They could still tax people doing actual "trading" I suppose, like on exchanges. I can't declare a loss because my USD are losing value each year.
*Most* interesting to me is that this really shakes up the taxable event issue. We have a major company participating in a payment method with an undue regulatory burden.
My hope is that if we get critical mass on crypto being used, the Feds will have to abandon that reasoning and just treat using it as a regular non-taxable event.
*Most* interesting to me is that this really shakes up the taxable event issue. We have a major company participating in a payment method with an undue regulatory burden.