Hi!
I currently have a regular US brokerage Commodities trading account (I won't give the name, sorry).
I wanted to close it and wire transfer my balance to my new BitFinex account.
My US broker refused and said "I cannot verify that Ifinex is regulated. If it were a regulated brokerage entity, I would not have an issue moving your funds to it".
What can I do?
Is there any regulated MarketPlace where I could wire transfer my funds to buy BTC?
Thanks very much!
its not about bitcoin its more about KYC and fraud protections.. EG unless they can prove the funds are going to an account of YOURS and not some scamming theif who hacked you.. because if they did send it to a random account not in your name that was not regulated by a hacker, you have lost it for good, so they wont send it for that reason and many other reasons(mostly to protect you, even though its a headache).
so easiest thing to do is put it in your bank and then transfer it to bitfinex
