Issue with Circle. Anybody else having the same problem?

Question

Hey guys. I hadn&#x27;t done a Bitcoin deposit with Circle in a couple of weeks. Just recently I got an email from them saying my weekly limit was increased to $ 400. It was at $ 300. Tonight I did a deposit of $ 100. When I went to send the money to my Blockchain account, all of a sudden an error message popped up. It said I could no longer send money to wallet addresses, only to email addresses and phone numbers. Did my account get flagged or are other people experiencing this as well? Maybe a new company policy? If so, Circle has become useless when doing deposits to sports books. Hopefully, other Bitcoin wallets don&#x27;t follow suit. Anyway, any additional information would be helpful.

jdr016 · Answer

Hey guys. I hadn&#x27;t done a Bitcoin deposit with Circle in a couple of weeks. Just recently I got an email from them saying my weekly limit was increased to $ 400. It was at $ 300. Tonight I did a deposit of $ 100. When I went to send the money to my Blockchain account, all of a sudden an error message popped up. It said I could no longer send money to wallet addresses, only to email addresses and phone numbers. Did my account get flagged or are other people experiencing this as well? Maybe a new company policy? If so, Circle has become useless when doing deposits to sports books. Hopefully, other Bitcoin wallets don&#x27;t follow suit. Anyway, any additional information would be helpful.

YELAWOLF · Answer

From what I am hearing, Circle is no longer doing Bitcoin transactions

jdr016 · Answer

Thanks for the response, YELAWOLF.I just did a Google search. It looks like this just happened. All news articles are from within the past 24 hours. Here&#x27;s an article from Reuters: https://www.reuters.com/article/us-bitcoin-circle-idUSKBN13W2PFAlso, looks like the IRS recently announced they are going to do an investigation into Bitcoin back in late November. Which might have prompted Circle to stop supporting it.The party might be over, boys. Damn! Bitcoin was so convenient.

jdr016 · Answer

Since Circle is useless to me now.Does anyone have any Bitcoin wallet suggestions for deposits? I already have accounts set up with Coinbase and Blockchain. Which wallet out there would be the fastest to process a deposit? I prefer not to have to wait more than one day for the deposit to be processed. A same day deposit like Circle did would be ideal.

YELAWOLF · Answer

Look up Bitcoin ATM in your area

jdr016 · Answer

Thanks for the suggestion.I&#x27;m on Long Island. There&#x27;s a dozen or so in NYC. Mostly in Manhattan, Brooklyn and Queens. So the closest one to me is at least 45 minutes away.Any good deposit options for Bitcoin that can be processed online? See post # 4 for what I am looking for. Although, it might be "beggars can&#x27;t be choosers" at this point.

jwarner1313 · Answer

check out libertyx.

BET THE HOOK · Answer

I use libertyx and it&#x27;s the best deposit option we ever had. Money in minutes.

jdr016 · Answer

Thanks for the suggestions. I will definitely look into libertyx.

Do they charge any fees? I started using the debit/credit card feature on Coinbase. It works well. But, they charge a 3.75% fee. On top of that, my bank (Bank of America) charges a 3% fee since it's an international transaction. So I'm paying a 6.75% fee on any Coinbase deposit I do. There were no such fees when I could use Circle.

Issue with Circle. Anybody else having the same problem?

Hot Forum Topics