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Any US residents who use kucoin for direct withdrawal of

DFI have issues with new KYC protocols at Kucoin? We can’t fully KYC in U.S.A. but can we still use Kucoin to trade out DFI for USDT or BTC and then send elsewhere for conversion to USD for bank withdrawal.

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If you have questions about DeFiChain, the DeFiChain Community will be happy to help you: https://t.me/defiblockchain

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M-Z Автор вопроса
Bake_EN_Bot
This is the official Bake Telegram channel, where ...

Ummm it is a Bake question. Question is about how to get DFI out of there as a US resident as options becoming increasingly limited and now Kucoin is adding measures to make it more of a hassle. I’m a VIP long term C(B)ake user. I’m asking for community help and the VIP community has not answered

M Z
Ummm it is a Bake question. Question is about how ...

Hi MZ, please note Bake group is a company and DFI it's crypto coin, They'll will reply shortly, regarding your issue

M Z
Ummm it is a Bake question. Question is about how ...

Yes. The bots are triggered by keywords sometimes, but you might still have more luck asking in DefiChain. I’m not a US citizen so I can’t help you there, however I’ve noticed this topic discussed a few times over there. Essentially, it’s not just Kucoin, but Bake as well has stopped all US kyc, services and deposits. And until the regulatory landscape in the country (SEC) settles down, you’ll likely see more and more crypto businesses restricting what can be done. In Bake, existing US customers can only withdraw, and that leaves DeFi services such as the DEX and Quantum Bridge options for DFI to Ethereum. The DefiMetaChain project might open up more venues, but it will be a medium term thing. And this is why this particular topic - specifically for DFI transfers - are better suited for the DefiChain community as it affects them as a whole. For Bake, other coins besides DFI still have accessible withdrawal solutions for BTC and ERC20.

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