so got a question, just upgraded my lifetime hashrate using btc then turned around and bought an 1 year contract with my cc.
Problem is genesis had a nice little notice they have not posted on forms about using a cc after i already paid for the contract.
and i quote:
"Thank you for your order! We wish to point out that your credit card order is still under review and all your payouts (for contracts paid with credit card) will be held for 30 days. You can still use the mining allocation to allocate your coins and review your payouts. After period of 30 days ends, you will receive your payouts at once! Happy Mining!"
Now my question is will my life time contract be put on hold for a month too or just the 1 year contract?
Cause i paid in btc for my lifetime contract i should get paid daily and not have to wait a month..
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its gonna be on hold for just for 30 days/ month. that is a normal condition of theirs. to make sure the card owner is you. also any chargeback issues.
but while it is on hold. your contract is activated during the first 30-day hold.
part of their term agreement text-
By using the Credit Card Services the Customer hereby agrees and accepts that he will not be allowed and shall be prohibited from withdrawing any amounts that the Customer has deposited and/or is entitled to as a result of the Services rendered by the Service Provider for a period of 30 days. In case the payment by the Customer results in a charge-back or other material issues occur, the Service Provider is entitled to keep all existing, current and future Mining Output.
you can view their terms as well. so you know too
its in the " View Agreement" box text before you pay your mining contracts. just scroll down and read in 8. Credit Card Services through Credit Card Service Provider Section.
hope this helps