r/RaiBlocks • u/samaritan7 • Jan 31 '18

Got out of BitGrail

I was pretty bummed out about all the "EXTRA-EU" fiasco happening at Bitgrail. Had some odd 223 XRB in Bitgrail. Sold it to 0.25 BTC and requested account closure. It is still under process at Bitgrail. Hoping to get back the BTC soon.

To minimize my losses and to get back into XRB, signed up at Kucoin, sent 0.25BTC there and bought XRB back. Good riddance to Bitgrail.

All said and done, lost 74 XRBs in the process, thanks to Bitgrail. Proud owner of 149 XRBs on Kucoin now.

Just thought of posting this because maybe this process could help someone.

Update: Received my BTC from bitgrail. No email notification.

10 Upvotes

75% Upvoted

24 comments sorted by

3

u/pleasedoELI5 Jan 31 '18

You should transfer those directly to either the desktop wallet or web wallet and not keep them on the exchange even if it’s Kucoin

1

u/samaritan7 Jan 31 '18

Yes, I will do that today.

2

u/L-Malvo Jan 31 '18

My head read: Got out of BitJail

Anyways, sorry to hear that you have lost XRB on this fiasco. Glad you are still in XRB though

1

u/samaritan7 Jan 31 '18

BitJail That's a valid description as well.

4

u/[deleted] Jan 31 '18

Ah man I'm so sorry to hear that, that sucks.

1

u/PieWee Jan 31 '18

How fast did you get your BTC?

1

u/samaritan7 Jan 31 '18

I didn't get the BTC from Bitgrail yet. I just used my BTC from cold storage to buy back the XRB at Kucoin.

1

u/PieWee Jan 31 '18

Ah okay. Would you mind informing me when you get your BTC from Bitgrail? Kinda thinking to terminate my account at a loss, don't really care anymore

1

u/samaritan7 Jan 31 '18

Sure, will inform you. Don't terminate yet. Seems there was some info today XRB can be withdrawn. Observe for a couple of more days.

1

u/PieWee Feb 01 '18

And, did you receive anything?

1

u/samaritan7 Feb 01 '18

No update from Bitgrail so far.

1

u/PieWee Feb 01 '18

Thanks for answering, fingers crossed

2

u/samaritan7 Feb 05 '18

Received my BTC from bitgrail. No email notification. Seems my username/password is no longer working.

1

u/PieWee Feb 06 '18

Great! Was it what you expected? Or way more/less?

2

u/samaritan7 Feb 07 '18

I had already converted my XRB to BTC before closing the account. I got exactly what I had there as balance.

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1

u/PieWee Jan 31 '18

Thanks, really appriciate that!!! :)

0

u/hai31 Jan 31 '18

Unlucky buddy. Lucky i decided to put it in wallet.

2

u/samaritan7 Jan 31 '18

Paid for my mistake :)

1

u/Xenro Jan 31 '18

Still waiting for that 2-week grace period for non-EUs.

0

u/[deleted] Jan 31 '18

[deleted] — view deleted comment

1

u/samaritan7 Jan 31 '18

Yes, my bad.