to have a minimum of 1000 dollars to be allowed to withdraw back to your bank?
Yes, that’s right
Damnnn thatl take a while to get that much. I only have 100 atm
We dont know yet. Treat that as a rumor.
I could sell some of my coins to you
Not here you cant.
Beware of people trying to sell you "coins".
Oh ok. So it’s defo not confirmed
No just an internet rumor. We'll get more info soon.
I very much doubt it. VeVe's end goal is to have its userbase mostly consisting of the general public, not crypto investors. The average man or woman withdrawing money from VeVe wont have 1000 gems to withdraw, especially if their main goal is collecting and not flipping
Exactly. I do hope so and it would make much more commercial sense to keep the minimum limit to around even 100 which would work
it would make the most sense to not have a limit at all. If the main goal of the app is to appeal to the average person who wants to collect their favourite things, having a minimum cash out like you would on a poker or slots website would be a complete turn off
Agreed but I don’t how operationally possible it would for their system to process a ton of tiny transactions for a few dollars back and forth it may be a bit much
yeah it would be a huge burden on the system to have to process all that, but again, the intended userbase is in the millions, they should have a good enough system to compensate for it. they dont at the moment, but they should have by the time the app goes "public" so to speak
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