>>62192682
What does this mean I am low IQ

>>62192682
How does this help if you don't know you're going to be wrench attacked? You just do this every week or something?

>>62192682
Yes I am retarded. Thanks for noticing.

>>62192695
>>62192714
>>62192725

The intent is to discourage dumping by having a mandatory lock-up period.

Exchanges only do stuff like this when they're concerned about liquidity or they're worried about panic selling.

Any time an institution implements some kind of hurdle to slow down your ability to withdraw your funds it's because they don't actually have the funds available to fulfill every withdrawal.

all cryptoshits are turd world scams

AHAHAHAHAHAHAHAHAHAHA

>>62192695
The suggestion is that you keep all your coins on an exchange instead of self-custodying and have them make you wait a week to withdraw. That way if someone tries to force you to give up your coins in person by threatening you physically you can point at the exchange.

There are plenty of holes in this, obviously.

>Are now held hostage for a week instead of an hour
kek

>>62193223
>mandatory
it's user enabled (opt in)

>>62192682
Crypto is for gay faggots

What are you faggots on about? The lock is optional. You only enable it if you want to which to be fair it's a useful feature if you're from or currently visiting a third world shithole.

I'm Romanian and whenever I go to Hungary I place withdrawal and spending limits on my bank card too because being scammed/robbed/beaten is a real risk in these less developed countries.

>>62192714
>>62192682
Financial institutions should give people panic PINs. The number works so the robber doesnt get tipped off but it also alerts the authorities the money is being withdrawn under duress.

>>62194724
>Cex is for gay faggots
This, but unironically!

>>62194742
:D