"I just checked our system and see that you had a couple of canceled withdrawals and a current pending request for one as well. Unfortunately, there is no specific amount that you can withdraw right now -- each withdrawal is reviewed and a decision is taken based on the account's tenure with BlockFi and account activity. These factors are considered along with the possibility of holding your funds for 60 days, but I would suggest to try and initiate a withdrawal for less than the amount you had attempted to before so they may review it further! Another way to prevent these withdrawals from being canceled is to withdraw the funds back to your bank account instead of a crypto wallet.
I apologize for the inconvenience here, please keep me updated!"
So there are a number of things wrong with this. First, tenure? These eth funds I'm attempting to withdrawal have been on the platform since Mid 2019.
Second, they want me to trade the eth for stablecoin and withdraw it, creating a taxable event. No one at BlockFi should be suggesting this, especially since they don't know if that withdrawal would process either.
Third, they can't even tell me an amount I can withdraw? Who does know, Jesus?
Fourth, keep them updated? Seriously, I'm supposed to update them, not the other way around? I don't upset easily but I'm near my wits end on getting this resolved.
I have had recent ACH deposits and withdrawals, but that was because of their promo on interest rate for stable coins I decided to take funds back then move them back over. I've never had an ACH fail or payment reversed.
Email support has been unhelpful, Reddit support unhelpful, phone support unhelpful. They're all pleasant to talk to but nothing gets resolved. I'm currently waiting on a supervisor's supervisor to call me back.
Not your keys, not your crypto.
Update: Called them again before closing because I still did not receive a call back from the supervisor. The representative told me the supervisor is on the west coast and will call me back within 3 hours.
Update 2: Received a call from the supervisor, I was told they removed the hold from my account preventing me from making a withdrawal and it will process tomorrow. Their reasoning was since I had recent withdrawals and redeposits it flags the account for security. I still don't quite understand the logic. He said they won't say the exact reasoning, or the amount I would have been able to withdraw for security reasons. T
... keep reading on reddit ➡INTERESTING FACT
FD Return Rate : 5.5% Tax Rate : 30% Post Tax Nominal Return Rate: 3.85% Inflation Rate: 6% Real Return Rate: -2.15%
This is the "guaranteed return" everyone in India is getting currently 😊
We have 140L Cr. currently in FD in India that is 5L Cr. wealth getting destroyed every year without doing any nuclear bombing in India.
That way, you don't squander any raises you have. Instead, you get to save your raises. (Of course, you can adjust the transfers to your checking account for inflation)
Hi all, Hoping I can get some help here. We've notified our landlord several times about darkening of the walls where the pipes are in our rental. He never made an effort to fix it and simply told us he'd paint later. We eventually came to find out that he neglected to hook up the dryer outtake to the dryer properly which has caused dirt and dust to fly around the vents and rooms to stick to the walls and ceilings. This is something un-cleanable as it stains the walls. Upon moveout he says we had a fire and that is to blame for the issue. Long story short he is trying to take 100% of our deposit over damages that he neglected to fix while we lived there and is completely due to his negligence.
What can we do?
Hi all,
I looked online but couldn't really find anything about this. Do your nexo tokens earn daily interest on crypto locked in a fixed term deposit, or only in flex?
Thanks in advance!
I’ve been noticing that since I created all my fixed terms, my interest stopped going up. I get notifications that x amount is deposited daily but I can’t seem to find where that deposit is? I’m looking at old screenshots of my wallet and the amounts of my crypto are not changing…
I'm platinum now. If I put all my NEXO in a one year fixed term, so I keep the platinum level ?
I messed up on memo part while transferring XLM to Bitmart. Now transaction went through successfully from Coinbase and I have no idea where my transaction is in Bitmart account. Been trying to contact them by chat just to stand in hours long queue and closes at the end no response from email- any idea if this issue can be resolved? Or it just went to dark hole?
Are there plans for this to be implemented? It’s going to be a little irritating to have to create a new 12-month fixed term every month with the interest generated each month from my other crypto.
So I thought I’d try the fixed term deposits last month when they came out, and the first month is now finished. My due date was 5th April, but it’s now the 6th (and interest was paid a few minutes ago).
The funds and corresponding interest haven’t been released back into my normal savings wallet. I don’t have auto renewal set.
Anyone else having this issue ?
Edit - so things happened a few hours later. Around 5am it released the funds back as well as the interest back into my savings wallet, so just a little unclear. So for tldr, if your fixed term ends on one day, it releases (or renews I guess) the following day around 4/5 in the morning utc
Hi, i currently have an ING savings maximiser account earning 1.35% interest on $20,000. I’m trying to save up for a home deposit in the relatively near-future (4-5 years). From my knowledge, this is too soon to invest in the stock market, and I shouldn’t be looking to the stock market to grow my savings for a deposit (correct?). The next safe (but better than just a savings account) option are fixed term deposits, correct? But the best fixed term deposit accounts I can find are 1.7%?
Is it really worth locking away this money for 5 years for only like, $1,700, which is like two weeks worth of pay? When I can not lock any money away, just use my current bank account, and earn $1,350 in interest?
I came across this spreadsheet today and even bought the updated version. First of all, thanks for making this. This saved me so much time of making one of my own.
A few questions from me - probably noob questions but will ask anyway.
- I have a few different bank accounts with different savings rate. How do I capture that?
- I have a few fixed deposits with different interests which expire on different dates too. How do I capture those? Is cash the best place to add those? Also, can I increase the number of "Banks" i can have there? I think I am falling short of space.
The above quote is from this article.
Is this really true? If true then why so many people do trading?
Howdy everyone I'm a first time poster, but I really need help with this one. My HR rep for my store clearly didn't give a shit about my hiring on just slamming me on their computer for a day not talking to me at all, Then throwing me into my department to be trained. A week passes and my fiance who's pregnant ends up in the hospital and I missed two days of work that was excused. Only to find out I never got my direct deposit cause my two middle digits of my routing number wasn't there. First time I asked for help with this problem my HR rep told me there's nothing she can do, but call their help number and go to direct2hr. I later found out by myself their is a another option that's the Albertsons employee portal that actual could ask for a redirection of that payment. 3 more days passes and it's now the weekend, and again she told me there's nothing they can do but call payroll services (like exceed, but won't tell me their names) then tells me to come in again tomorrow to have them call the payroll services. Tbh I can't do this shit and keep waiting for my payment, is there anything I can do? Cause rn I'm planning on trying to see where that goes and if I don't get paid this week ether I'm probably just gonna quit, because I know how starved they are of people for my position in my department. (I guess I wanna be petty)
So what about transferring fiat now to Nexo and putting it in a fixed term and getting paid interest in Nexo? I won’t have those Nexos in 3 months from now which might be past ex dividend day. So I won’t earn any additional dividend on those earned Nexo’s in the meantime?
I am planning to invest my savings in a fixed deposit at dbs bank! Is it a good investment or any others there?
Have read it somewhere that bank will notify income tax authorities when the amount of fixed deposits is more than 10 lacs in individual's bank account. I have FDs in my mother's account whose annual income is less than 2.5 Lac. I have done this arrangement to save taxes. Can someone tell if there if Banks notify IT department if the amount is higher than certain limit? If yes, I am guessing IT can ask for the source of the money?
Thanks..
EDIT since I can't edit title now: March, not Feb.
Hello,
Right now the interest rate on FD is 4.9% in ICICI. At the same time the liquid fund of ICICI Prudential: https://www.moneycontrol.com/mutual-funds/nav/icici-prudential-liquid-fund-direct-fund-growth/MPI1216 has a one year return of 3.93%.
Now I understand liquid funds are evaluated from a PoV of liquidity and safety over returns, however in 2021 it takes 1 day to liquidate a FD in ICICI/HDFC etc. online and given the banks are systemically important it's as safe as safe can be.
My question then would be, what am I missing here in terms of why one should prefer a liquid fund over a bank FD?
Should one instead be looking at this as a choice between keeping the money in a bank account vs liquid fund instead of FD vs liquid fund? If yes, assuming one won't have a "very urgent" cash requirement where they need funds under a day, should one keep the "mostly liquid" part of their portfolio in FDs over liquid funds right now?
What are the other evaluation criteria that I'm missing?
I thought about indexation but since these investments aren't meant for compounding over a long horizon and would certainly be liquidated at the 365 + 1 day mark, as I understand it the indexation factor wouldn't be high enough to make much of a difference. More than likely one would pay STCG instead of LTCG too if they don't take it to the full 365 day mark.
Hi,
I am trying to evaluate the risks of investing in binance earn fixed deposit of stable coins.
Besides the risks of USDT/USDC crashing, I see a risk in Binance itself:
What concerns me is what happened to the American users in 2019 which were forced to switch from binance.com to binance.us within a couple of weeks:
- Binance has been sending users who live in the United States email notices warning them that they have 14 days to remove their funds from the platform.
What happend to Americans who invested e.g. in a 90 days fixed deposit within this time and were not able to remove their funds from the platform since it was locked in the fixed deposit?
Hello, It’s been a few days that I suddenly receive notifications for term deposit interests on my fixed term wallets. Has there been a change? Does that interest still compound? Thank you
