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I've been using @binance since 2021. There was a time when I could buy USDT via P2P and withdraw it immediately. But yesterday, for the first time, something completely nonsensical happened to me.
I bought crypto with my own money and the ownership of that crypto is entirely mine. What I do with it or don't do with it is my personal matter. So why do I have to wait 48 hours to use it? In which law in the world is there such a restriction on using one's own personal assets?
Emergencies don't come with prior notice. If I can't use my assets at the moment I need them the most, then what is the value of those assets? I am fully disappointed with @binance such behavior. For security reasons, you could keep withdrawals locked for 1 hour but a full 48 hours? This is not justified at all.
Crypto is bought precisely so it can be used when needed. If I can't do that, then what's the point of holding crypto? Such a decline from a top-tier exchange like Binance is truly disappointing. Hopefully, today is my last day on @binance .