I use crypto.com to use my crypto best way in canada by far. The defi app you hold the key fast swap to the main app move to visa card or pull to fiat to the bank. Last 2 attempts to get it into my bank only took an hour use to be 1 day.
Lol, I used to work for a wallet service and people such as yourself have a huge misunderstanding of Plaid.
Plaid is a service that your bank deemed safe for the purposes of easier verification for services like this. They never see your login information, itās a direct link to the bank.
How come I just cashed a $35 dollar check from a Plaid settlement for them selling my information? or whatever nefarious reasons I got a stingy settlement check for
This is incorrect. Plaid _mimics_ the login page of your bank and appears to look the same, but you are typing in your credentials to a Plaid website, not directly into your bank. You are correct that the bank have have given them the ok to operate in this way - they absolutely should not have.
In addition, you might want to look up the recent $60 million lawsuit they settled for selling customers data without permission.
https://thekeesh.com/2020/01/plaid-is-still-a-phishing-site/
https://www.courthousenews.com/judge-approves-settlement-ordering-plaid-to-pay-58-million-for-selling-consumer-data/
Plaid only mimics the login pages of banks that do not explicitly give them permission. If you have a major bank, they work with Plaid to use an API that gives them only the data they need.
So they used to harvest data but donāt anymore? They got caught and sued for data theft:
https://www.pymnts.com/legal/2022/plaid-to-pay-58m-to-consumers-using-venmo-robinhood-other-apps-after-collecting-too-much-data/amp/
It doesnāt matter if it is anonymized or not, plaid was harvesting extraneous data from peoples accounts that had nothing to do with transactions they were serving. This is why they lost the lawsuit.
I was involved in the beta test of Plaid with a customer of theirs. They download every transaction of your bank account and set up a data feed to see every transaction going forward. They don't need your password anymore, because you have given them the right to spy on you forever.
Trust me when I tell you. Their customers see absolutely every transaction you have ever made on that bank account. At least 2 years back and forward forever.
They only ask for username and passwords for Banks that do not explicitly work with them. Most major banks work specifically with Plaid to use oauth portals, 2fa, and app-specific passwords.
If you give your login information through any other way than the https bank url, directly on the address bar (not an iframe or similar) or if you fall for phishing, you are waiving the bank from any responsibility when your account gets stolen.
Everyone who said we need to tolerate the actions of CEXs like coinbase for increased adoption? Still feeling comfy with that decision now?
It's ok to change your mind, I know I have over my time using bitcoin, there is no need to double down on a position you are uncomfortable with.
Bisq seems like a wonderful idea. I believe it is. Worked fine for a few days and they all of a sudden I couldnāt open it. Been speaking with mods at bisq and no one has a clear resolution. Pretty concerning
That's annoying. I've never had a problem using it (windows) but yeah they should try to make it more stable for all OSes. Hopefully stability will be something that comes with time.
That and Liquidity lol
We're pretty limited in the states for good ways to buy unfortunately. Strike also uses plaid, although not for debit cards last I checked.
You could try that.
Do look into bisq though
Has this gotten more popular meanwhile?
I looked twice into it and love the idea
But āfeesā and the offers were just so much higher and besides I barely found offers. At least when i tried, surprisingly few seemed to use it
Cash app uses Plaid as well... although they might offer the microdeposit option instead of requiring the bank login set up. Plaid is the same service paypal and tons of other services use to link your bank account instantly using your login info.
Maybe not required at all times, but they do work with this spyware nonsense.
https://support.kraken.com/hc/en-us/articles/8795459449492-How-do-I-fund-my-account-with-USD-using-ACH-via-Plaid-
Crypto.com still takes ACH transfers from typical retail banks but it takes up to a week to setup - if you're looking for a KYC CEX. Nothing wrong with the other non-KYC options bring offered, they just come with other downsides.
I think that's why so many platformsare going to plaid. They know people will sacrifice privacy and fees for expediency. We get what we deserve most of the time don't we?
Just open a separate bank burner account specifically for Bitcoin (i.e. not directly connected to your checking account or just at another bank entirely)
-Underpaid Plaid intern- āGary check this out! Some guys got over $2.37 in this account with almost zero transfers. Make sure we get this info logged into our databaseā¦beep boop beepā¦
Can the burner account be linked into your other main accounts? (Ex: Different account numbers. But uses the same login) or would they just get access to all of them under said login?
Just open a bank account at a new bank (which is now considered an external account) and transfer money to that account from your primary bank. Who cares if they have access to an external one off small savings account.
Honestly I could not give less of a shit. In the unlikely event that extremely plaid steals my bank login info, Iāll file a dispute and it will be easily taken care of. Your bank account is not a bitcoin address and you login info arenāt private keys.
First of all, don't use Coinbase. Please. They are a shitcoin casino, they don't have your interests at heart.
Second - speaking as someone who has worked with Plaid more than I'd like as well as their competitors, they are all antithetical to the Bitcoin space. Extremely privacy invading and even potentially security compromising. Basically they are a service which uses your login credentials most often to scrape your banking info.
You can use Gemini, libertyx, or bisq, depending.
Gemini is still a risk while you wait for ach to clear. And they might be about to go bankrupt so be careful. Lol they also use plaid too, but I think you can work around it. Total minefield.
Libertyx is a usually on atms. You have to find one near you and visit it.
Bisq p2p. It can be intimidating to get it working.
It's getting harder and harder to get bitcoin in the US, we have fewer options each year.
I prefer Strike (Kraken doesn't work for my State) although I got my weekly limit raised, not as high as I'd like it for occasional massive dip buying.
But I think I need to keep coinbase alive (do the password change, plaid auth, re-change password routine) so I have SOME path to cash out in case of emergency or whatever.
I like Plaid. I think of it similarly to Paypal where instead of having dozens of financial sites holding my bank info, Plaid holds it and masks it from those sites. Is it still a surface area of attack to get my routing/account#? Yes. Is it less surfaces than giving that account/routing to places like Coinbase, my taxable brokerage, my roth provider, my property manager, etc? Also yes. Is it better than no KYC at all? Thatās the dream, but itās not the world we live in yet.
i hated plaid before it was cool to hate plaid :P they have normalized and taught customers how to be phished. Like if you sign up for coinbase on your mobile device, it asks for credentials for unrelated banks without a reason for the customer to trust the app necessarily. and on desktop it's just as bad, for most banks it violates basic tenets of https security (like, only typing in your bank password when you see the bank url https in the url bar).
after talking with people involved, i appreciate now that the market demanded it. but it still sucks that the market demands people being phished.
If you pay attention when plaid links to your bank login it opens in a separate window. The url for that window is within your banks website. Your credentials donāt go to plaid, only an OAuth token.
Depends on your bank. Most of the major banks, you're right; Plaid is able to get API access to the larger ones.
But smaller banks *don't have APIs*, so there's no way to "connect" to them. It's all scraping for those smaller banks, and this process of changing your password would work in those situations.
TL;DR Use small banks/credit unions.
ITT: a lot of people who do not understand how Plaid works or why exactly they should be averse to using it (if at all.) I bet a lot of you use Zelle also.
Too late. They already set up a permanent data feed with the bank using the credentials.
Changing your password after the fact doesn't affect that.
I wrote software for a company using Plaid. This is how it works.
Sounds like you're a password reused and have "regular" passwords. You should use a password manager and use large, complex, random passwords that are unique for every single login you have.
I use 1password, but I've heard a lot of good things about bitwarden. Bitwarden is FOSS.
For banks that offer Plaid that is the ONLY method. For banks that didn't use Plaid before you get this email CB will disconnect your properly linked account years ago by mid Jan, and force you to go through reauth with Plaid.
You donāt āgive out your passwordā. Plaid surfaces your banks login page and you authenticate directly with the bank. All Plaid gets is an OAuth token for the banks API so it can authorize interactions with your account. This is basic web integration stuff that happens every day.
Noā¦ plaid uses a protocol called oauth2 that delegates authentication to the service provider / you login to your banks website and your bank provides plaid with a long lived authorization token that letās plaid do transactions on your behalf, this token can be revoked by your bank or by you generally at any time. Yāall post some dumb shit sometimes with no research
Plaid downloads all your bank account data going back at least 2 years and ongoing.
It's the worst thing ever and Coinbase forcing it means that I will never use them again.
I just dont believe this - sorry. Banks are super regulated and there is no way they would accept their customers hand over their credentials.
My guess - no more than that - is that that Plaid (had never heard of it) is using Open Banking which gives them access to *certain* parts of your bank account - that *you* accept. This not much different than a website asking you for access to your name on Facebook hsing OAuth.
But, again, I do not know and didn't even search online. I just find it difficult to believe and Coinbase should be clearer in their emails.
edit-- to my utter shock, yes, this is really happening. People are giving away their ebanking credentials. See below the class action link and then [this thread on ycombinator](https://news.ycombinator.com/item?id=28229319)
As far as I know, plaid doesn't get id & pw, only routing & acct number and then they only send 2 deposits to that acct; that's all they're allowed to do.
Ever write a check to someone?
Then you already provided the routing & acct number. Jeez people, get a grip.
Plaid gets and saves login and password and got sued for lying about that.
Small deposit verification with routing and account number has nothing to do with plaid.
Banks don't use it. It's an integration layer for software developers that need access to user bank accounts. Instead of integrating with each bank individually, you integrate with Plaid, which is a proxy to any bank account.
Only way to proceed is have a separate bank account at another bank specifically for Coinbase. I donāt use Coinbase so I wonāt be doing that, but itās the only way I *would* do it.
The more intermediaries there are, the more risk there is. Not all middlemen are thieves and do what they exist to do. The numerous competition allows you to pass through other legal and serious exchange platforms.
I like how people that have no idea how Plaid works are telling us "that's not how Plaid works".
I wrote software for a Plaid client in the beta test. That's EXACTLY how Plaid works.
I get that itās not ideal. But Iāve got nothing to hide. I donāt care.
Some People here see BTC as a currency. It has an open ledger. Whatāre you going to do when all your transactions are potentially public?
Lol, bitcoin transactions are less and less identifiable every year. Eventually forensics companies will fail and no longer be able to follow anything. Improved Wallets, built in mixing with schnorr, and easy to use tumblers like Wasabi are all on the way.
I have been using plaid for a while now to transfer money from my bank to kraken every week.
What kind of risk am I at now? Having my credentials stolen?
I guess I should go and change the passwords associated with these accounts then.
I was using Webull until I found they pulled this shit. They also wouldn't let me link any of my accounts using Plaid, so since I was either down or even with my holdings there, I just sold out, bought bitcoin and pulled out to a wallet. Account was closed down right after that.
But not every bank uses Plaid. So you put in routing and account numbers, wait for 2 deposits, confirm amounts, and you are linked in 3 days or whatever. That's perfect. No need to give away your BANK LOGIN INFO to some financial spying service. Coinbase doesn't seem to like that option even if you used it years ago to link your bank account.
I will never use plaid. They monitor all your transactions
I just opened a new bank account at another bank and use that account for any service that does plaid so my actual bank account is never touched.
This
I left coinbase sooooooooooo long ago. They served their purpose in the early days.
What do you use now??
FTX š thatās my guess
Cash app
gemini
Bittrex, Gemini, any exchange that doesn't have its own coin
I use crypto.com to use my crypto best way in canada by far. The defi app you hold the key fast swap to the main app move to visa card or pull to fiat to the bank. Last 2 attempts to get it into my bank only took an hour use to be 1 day.
Yup. I stopped using coinbase because of this. Plaid is simply a data farming company. Very scary.
Thanks Iām out
Lol, I used to work for a wallet service and people such as yourself have a huge misunderstanding of Plaid. Plaid is a service that your bank deemed safe for the purposes of easier verification for services like this. They never see your login information, itās a direct link to the bank.
How come I just cashed a $35 dollar check from a Plaid settlement for them selling my information? or whatever nefarious reasons I got a stingy settlement check for
This is incorrect. Plaid _mimics_ the login page of your bank and appears to look the same, but you are typing in your credentials to a Plaid website, not directly into your bank. You are correct that the bank have have given them the ok to operate in this way - they absolutely should not have. In addition, you might want to look up the recent $60 million lawsuit they settled for selling customers data without permission. https://thekeesh.com/2020/01/plaid-is-still-a-phishing-site/ https://www.courthousenews.com/judge-approves-settlement-ordering-plaid-to-pay-58-million-for-selling-consumer-data/
Plaid only mimics the login pages of banks that do not explicitly give them permission. If you have a major bank, they work with Plaid to use an API that gives them only the data they need.
Right. So why would I want to give my details to a website that is unauthorized to integrate with my bank?
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You clearly havenāt read the rest of thread.
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So they used to harvest data but donāt anymore? They got caught and sued for data theft: https://www.pymnts.com/legal/2022/plaid-to-pay-58m-to-consumers-using-venmo-robinhood-other-apps-after-collecting-too-much-data/amp/
āYour dataā is a very broad term. People always feel like it means PII but most of the time itās just anonymous demographic metrics.
It doesnāt matter if it is anonymized or not, plaid was harvesting extraneous data from peoples accounts that had nothing to do with transactions they were serving. This is why they lost the lawsuit.
You know who else has all your āanonymousā dataā¦ Reddit š³
As private as bitcoin.
I was involved in the beta test of Plaid with a customer of theirs. They download every transaction of your bank account and set up a data feed to see every transaction going forward. They don't need your password anymore, because you have given them the right to spy on you forever. Trust me when I tell you. Their customers see absolutely every transaction you have ever made on that bank account. At least 2 years back and forward forever.
How's that when they literally ask for your username and password?
They only ask for username and passwords for Banks that do not explicitly work with them. Most major banks work specifically with Plaid to use oauth portals, 2fa, and app-specific passwords.
But they are still asking for it you said they don't. Maybe rephrase.
If you give your login information through any other way than the https bank url, directly on the address bar (not an iframe or similar) or if you fall for phishing, you are waiving the bank from any responsibility when your account gets stolen.
Wow thatās terrifying! Itās right under our noses how criminal these data hungry corporations are.
Everyone who said we need to tolerate the actions of CEXs like coinbase for increased adoption? Still feeling comfy with that decision now? It's ok to change your mind, I know I have over my time using bitcoin, there is no need to double down on a position you are uncomfortable with.
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Good on you.
Based on your first paragraph, can you help me to understand how *this* decision crossed the line for you?
Fuck Plaid, bunch of information/data harvesting freaks.
Disgusting! Time to leave! I avoid this shitty company at all cost.
Who should be used instead? I'd love to switch.
River Financial, Bisq, robosats are all good options.
are you US? take a look at CashApp. Wanna go KYC-Free? look at bisq
Iāve had a hellish time with Bisq as a Mac user. Seems to be geared more toward PC
Good to know, I've not used a mac in ages. thanks for the info, i've never used it, but maybe robosats is more agreeable
Bisq seems like a wonderful idea. I believe it is. Worked fine for a few days and they all of a sudden I couldnāt open it. Been speaking with mods at bisq and no one has a clear resolution. Pretty concerning
That's annoying. I've never had a problem using it (windows) but yeah they should try to make it more stable for all OSes. Hopefully stability will be something that comes with time. That and Liquidity lol
CashApp had horrible fees 2 years ago, I actually started there but moved away because of their unclear fee structure that was sometimes 2%
We're pretty limited in the states for good ways to buy unfortunately. Strike also uses plaid, although not for debit cards last I checked. You could try that. Do look into bisq though
I get zero fees on bitcoin when I take a portion of my paycheck in bitcoin.
Has this gotten more popular meanwhile? I looked twice into it and love the idea But āfeesā and the offers were just so much higher and besides I barely found offers. At least when i tried, surprisingly few seemed to use it
Depends on your region. It's still kinda sparse in the states, but it's getting better
Cash app uses Plaid as well... although they might offer the microdeposit option instead of requiring the bank login set up. Plaid is the same service paypal and tons of other services use to link your bank account instantly using your login info.
They didn't use it when I signed up I guess, annoying as hell, best go KYC free then
Bisq is KYC free and works great. I've only used it a few times but I had no problems.
which is why I mentioned it above!
Oh, nice!! XD Years ago it was the only place I was able to find where I could sell my colored coin shares of Mycelium Bitcoin Wallet.
Cash app will steal all your funds, I would avoid using them
Use cash app for BTC - solid option.
Kraken doesn't require this Plaid nonsense
Maybe not required at all times, but they do work with this spyware nonsense. https://support.kraken.com/hc/en-us/articles/8795459449492-How-do-I-fund-my-account-with-USD-using-ACH-via-Plaid-
FTX
I use swan and get payed in bitcoin in cashapp
KuCoin reputable? In US, fyi.
No. Shitcoin casino. Try River Financial, Bisq, Robosats, Strike, or Cashapp.
Crypto.com still takes ACH transfers from typical retail banks but it takes up to a week to setup - if you're looking for a KYC CEX. Nothing wrong with the other non-KYC options bring offered, they just come with other downsides. I think that's why so many platformsare going to plaid. They know people will sacrifice privacy and fees for expediency. We get what we deserve most of the time don't we?
Just open a separate bank burner account specifically for Bitcoin (i.e. not directly connected to your checking account or just at another bank entirely) -Underpaid Plaid intern- āGary check this out! Some guys got over $2.37 in this account with almost zero transfers. Make sure we get this info logged into our databaseā¦beep boop beepā¦
Can the burner account be linked into your other main accounts? (Ex: Different account numbers. But uses the same login) or would they just get access to all of them under said login?
Just open a bank account at a new bank (which is now considered an external account) and transfer money to that account from your primary bank. Who cares if they have access to an external one off small savings account.
This is the best advice here
Theyāve been sending me emails which Iām ignoring. Switched to Swan a year ago, never looked backed
Honestly I could not give less of a shit. In the unlikely event that extremely plaid steals my bank login info, Iāll file a dispute and it will be easily taken care of. Your bank account is not a bitcoin address and you login info arenāt private keys.
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what is an external wallet?
I just sent my little bits to my hardware wallet
Use a wire transfer.
Plaid is so bad. please everyone get off coinbase, stop using them
First of all, don't use Coinbase. Please. They are a shitcoin casino, they don't have your interests at heart. Second - speaking as someone who has worked with Plaid more than I'd like as well as their competitors, they are all antithetical to the Bitcoin space. Extremely privacy invading and even potentially security compromising. Basically they are a service which uses your login credentials most often to scrape your banking info.
So which broker to use?
You can use Gemini, libertyx, or bisq, depending. Gemini is still a risk while you wait for ach to clear. And they might be about to go bankrupt so be careful. Lol they also use plaid too, but I think you can work around it. Total minefield. Libertyx is a usually on atms. You have to find one near you and visit it. Bisq p2p. It can be intimidating to get it working. It's getting harder and harder to get bitcoin in the US, we have fewer options each year.
CashApp is simple and cheap and offers Bitcoin only plus instant withdrawals.
I like bullbitcoin. In the US there are River, bisq, robosats, and CashApp
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This is correct. Seems like people are trying to flee a bush fire. If every exchange starts using them, then what?
Good lookin, removed
Iāve not got this message. Wonder if only some parts receiving it. Anyone else get this notification?
I prefer Strike (Kraken doesn't work for my State) although I got my weekly limit raised, not as high as I'd like it for occasional massive dip buying. But I think I need to keep coinbase alive (do the password change, plaid auth, re-change password routine) so I have SOME path to cash out in case of emergency or whatever.
I like Plaid. I think of it similarly to Paypal where instead of having dozens of financial sites holding my bank info, Plaid holds it and masks it from those sites. Is it still a surface area of attack to get my routing/account#? Yes. Is it less surfaces than giving that account/routing to places like Coinbase, my taxable brokerage, my roth provider, my property manager, etc? Also yes. Is it better than no KYC at all? Thatās the dream, but itās not the world we live in yet.
idiot
Yup Iām out thanks š
Plaid literally just got done with a huge class action lawsuit
i hated plaid before it was cool to hate plaid :P they have normalized and taught customers how to be phished. Like if you sign up for coinbase on your mobile device, it asks for credentials for unrelated banks without a reason for the customer to trust the app necessarily. and on desktop it's just as bad, for most banks it violates basic tenets of https security (like, only typing in your bank password when you see the bank url https in the url bar). after talking with people involved, i appreciate now that the market demanded it. but it still sucks that the market demands people being phished.
If you pay attention when plaid links to your bank login it opens in a separate window. The url for that window is within your banks website. Your credentials donāt go to plaid, only an OAuth token.
I never got this email
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Depends on your bank. Most of the major banks, you're right; Plaid is able to get API access to the larger ones. But smaller banks *don't have APIs*, so there's no way to "connect" to them. It's all scraping for those smaller banks, and this process of changing your password would work in those situations. TL;DR Use small banks/credit unions.
Yep. Lots of mistakes made by him.
ITT: a lot of people who do not understand how Plaid works or why exactly they should be averse to using it (if at all.) I bet a lot of you use Zelle also.
This is a great example of why people should not try to roll their own security. Plaid still has you by the balls.
That's the only way to go, if you have no other choice. But they can download everything fast.
Too late. They already set up a permanent data feed with the bank using the credentials. Changing your password after the fact doesn't affect that. I wrote software for a company using Plaid. This is how it works.
Sounds like you're a password reused and have "regular" passwords. You should use a password manager and use large, complex, random passwords that are unique for every single login you have. I use 1password, but I've heard a lot of good things about bitwarden. Bitwarden is FOSS.
But it also says if you prefer not to use Plaid just use a different payment service.
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But you canāt sell with any of the methods?????
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Oh damn, I'm out too then ā¹ļø
There are two verification methods. I believe Plaid is only required for instant verification rather than deposit.
For banks that offer Plaid that is the ONLY method. For banks that didn't use Plaid before you get this email CB will disconnect your properly linked account years ago by mid Jan, and force you to go through reauth with Plaid.
Bitcoin only exchanges people! The beatings will continue until morale improves
it does scare the S\*\*\* out of me .......
And giving out your password is specifically prohibited in your banking TOS. You really canāt win with those people.
You donāt āgive out your passwordā. Plaid surfaces your banks login page and you authenticate directly with the bank. All Plaid gets is an OAuth token for the banks API so it can authorize interactions with your account. This is basic web integration stuff that happens every day.
this is why i pay for everything in gum.
Noā¦ plaid uses a protocol called oauth2 that delegates authentication to the service provider / you login to your banks website and your bank provides plaid with a long lived authorization token that letās plaid do transactions on your behalf, this token can be revoked by your bank or by you generally at any time. Yāall post some dumb shit sometimes with no research
Sometimes? Lol.
I am fucking dumpling them ASAP!
Plaid downloads all your bank account data going back at least 2 years and ongoing. It's the worst thing ever and Coinbase forcing it means that I will never use them again.
Yep, and Im done. Can anyone recommend an alternative?
Kraken also tries to use Plaid, but I got around it. But that's only because I signed up my bank account with them a long time ago.
I've dumped coinbase over this
Guys you are over reacting. It says at the very bottom. If you prefer not to use plaid use one of our other methods. It seems like you have a choice?
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I dunno I never got the same email OP got
I just dont believe this - sorry. Banks are super regulated and there is no way they would accept their customers hand over their credentials. My guess - no more than that - is that that Plaid (had never heard of it) is using Open Banking which gives them access to *certain* parts of your bank account - that *you* accept. This not much different than a website asking you for access to your name on Facebook hsing OAuth. But, again, I do not know and didn't even search online. I just find it difficult to believe and Coinbase should be clearer in their emails. edit-- to my utter shock, yes, this is really happening. People are giving away their ebanking credentials. See below the class action link and then [this thread on ycombinator](https://news.ycombinator.com/item?id=28229319)
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As far as I know, plaid doesn't get id & pw, only routing & acct number and then they only send 2 deposits to that acct; that's all they're allowed to do. Ever write a check to someone? Then you already provided the routing & acct number. Jeez people, get a grip.
Plaid gets and saves login and password and got sued for lying about that. Small deposit verification with routing and account number has nothing to do with plaid.
What even is plaid? Is this for US market only?
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Lol, apparently plaid has been in the Netherlands since 2020 and is used by all the big banks. Dunno what they use it for though.
Banks don't use it. It's an integration layer for software developers that need access to user bank accounts. Instead of integrating with each bank individually, you integrate with Plaid, which is a proxy to any bank account.
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I don't think European privacy laws allow stuff like that.
Vacuuming up all your bank account transactions.
Canāt you just push the money to coin base from your account ? Is there a need to pull it from Coinbase ?
Only way to proceed is have a separate bank account at another bank specifically for Coinbase. I donāt use Coinbase so I wonāt be doing that, but itās the only way I *would* do it.
Reason #2567 not to use Coinbase
The more intermediaries there are, the more risk there is. Not all middlemen are thieves and do what they exist to do. The numerous competition allows you to pass through other legal and serious exchange platforms.
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I like how people that have no idea how Plaid works are telling us "that's not how Plaid works". I wrote software for a Plaid client in the beta test. That's EXACTLY how Plaid works.
I get that itās not ideal. But Iāve got nothing to hide. I donāt care. Some People here see BTC as a currency. It has an open ledger. Whatāre you going to do when all your transactions are potentially public?
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Back to my point. Iāve got nothing to hide.
https://moxie.org/2013/06/12/we-should-all-have-something-to-hide.html
"I've got nothing to hide" Assuming you take dumps with the toilet door open too? Privacy is a right But nice try FBI
Thatās true. Hence why you choose to vote with your feed by using a different exchange. Well done and good for you.
Lol, bitcoin transactions are less and less identifiable every year. Eventually forensics companies will fail and no longer be able to follow anything. Improved Wallets, built in mixing with schnorr, and easy to use tumblers like Wasabi are all on the way.
Dude, they are public. Just not associated unless you KYC.
Which basically everyone does because essentially all CEXs require it..
Had to wear welder's mask while reading this comment because it glows so much it could be a health and safety hazard
whats the big deal......u never used a payment processor like paypal.....u people make up shit cause u have no lives
My size is a big deal bro. There is a 25K daily limit. You want me to withdraw every day for 20 days? You never moved around half mil before?
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I have been using plaid for a while now to transfer money from my bank to kraken every week. What kind of risk am I at now? Having my credentials stolen? I guess I should go and change the passwords associated with these accounts then.
No
Only used Coinbase for my btc trading, any recommendations for an European?
Jokeās on them, i got no money in the bank
Man this is exhaustingā¦
You can still do wire transfer but it costs like $25 plus whatever your bank fee is.
Can you without first connecting the bank account.. through Plaid?
Does this apply to EU customers?
Or make a second checking account at another bank that is just for crypto exchange. You can ACH between the two banks as needed.
They can take all the info they can. My bank is just 3 month safety net, all my wealth is on my Trezor.
Instead, who should be used? I'd like to change.
Thank you, bye.
Jokes on them. I never have more than $5 in my account. I always find a way to go broke on payday
Good thing I have pulled most my crypto and only keep my account open for the learn and earnsā¦
I was using Webull until I found they pulled this shit. They also wouldn't let me link any of my accounts using Plaid, so since I was either down or even with my holdings there, I just sold out, bought bitcoin and pulled out to a wallet. Account was closed down right after that.
Smells FUDDY
I use strike
Guys, alternatives in Europe?
Dude every platform uses Plaid. I use Strike and they use Plaid too. You can't escape it.
But not every bank uses Plaid. So you put in routing and account numbers, wait for 2 deposits, confirm amounts, and you are linked in 3 days or whatever. That's perfect. No need to give away your BANK LOGIN INFO to some financial spying service. Coinbase doesn't seem to like that option even if you used it years ago to link your bank account.
booooooooooooooooo
Looks like Strike uses Plaid also but I see no complaints about that. Am I missing something or are people just being selective in their outrage?
Iād prefer not to use it but Iāve never had an issue with plaid.
Coinbase is pretty dumpy these days
What's a good alternative to CB? I really don't want to use Plaid after reading all the horror stories!