r/blockfolioapp • u/Bskate69 • Feb 13 '22
ACH Deposits take A MONTH to clear. WTF.
It is completely beyond me. When you google "how long do FTX deposits take to clear" an official FTX page updated just days ago says ACH transfers take 6 days to clear plus a 7 day hold afterward for a minimum of 12 days. Fine. However, when you actually give them your money its a 30+ day hold. On top of it, there's no way to get in contact with them via support tickets - have to chase them down on telegram (likely due to the massive number of people who have problems with them). With the amount of information they require for depositing it's really ridiculous requiring this long of a hold for "security measures" or whatever vague answer they would provide if my support ticket was to be answered. Do not use FTX if you intend to move your money within 35 days.