I signed up with Strike for my Bitcoin weekly 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 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 my deposit allowance. Just set a standard.
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 an increase. They also need a way to export transaction history, which does not appear to exist.
If Strike wants to be a serious contender as an easy Bitcoin onramp and seamless method of exchange between parties (a goal I fully support), they cannot jerk people around with arbitrary and sometimes insultingly low weekly deposit limits with cryptic reasoning.
/rant
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