Just got the Plaid email from coinbase. Not acceptable. Who else are we liking to be able to sell BTC through?
the plaid email confuses me. I am not sure why I need do it.
coinbase has all my kyc.
my drivers license
my social security
my home address
my bank
my PayPal
I am completely trackable on my coinbase account so why is it I need to do plaid?
my bank
my PayPal
are all fully kyc so what more do they want?
in plaid you give them your bank account login and password...this is crazy and I am not sure if it is even legal (it shouldn't be).
I also got Coinbase email.
Unfortunately, Kraken doesn't do ACH in NY and Texas, otherwise, I would say: Kraken (albeit some said that they also use plaid for something).
One possible solution: Chase, PNC and Capital One don't use plaid.
I intent on waiting until Jan 9 reset, then see if i can choose not to use plaid with the current bank account.
If not, I will look at other options.
BTW, someone mentioned that if you activate 2FA on the bank account, plaid cannot work, so I surmise that it would be logical to provide an alternative venue.
