Quote:
Originally Posted by PaulyJames200x
Whats the difference between withdrawing btc from circle to debit card vs checking account? Doesn't really make sense if debit card is free and instant and checking account takes 3-5 days and is free. Because aren't both methods well adding money to your checking account? Thus both are ACH transfers?
Also do most of you keep your currency balance in circle USD or change it to bitcoin? I did a very small test transfer from my electrum to circle and was surprised it showed usd amount as oppose to btc... until i found out you can actually have either a usd currency or a bitcoin currency.
So let say i transfer 250 dollars worth of btc from electrum to circle. I then withdraw it to my bank account. I will receive 250 dollars in few days. However if i keep my balance in btc... let say i send 250 dollars worth of btc to my circle wallet. It will show the amt of btc worth 250 on it. However few days later... let say the amt of the btc is worth 230 for example. Now let say i want to withdraw it to my bank account. Is the moment i press withdraw to my bank of america... it will show the usd amount? Thus no matter what matters in few days with btc fluctuations, it has no effect on me since it counts the moment i click request withdraw?
However, im curious if most of you here who use circle keep it in usd or bitcoin currency. Im guessing almost all of you change it to bitcoin? Surprised usd is the default.