ACH

cache-crypto

lol, good point. Here's the idea: allow crypto users to access their funds real time anywhere in traditional currencies also, will work to fully integrate our services into crypto allowing for quicker action and access. So, no ACH transfers, you can instantly use it. Will market around the world especially in hyper inflated economies like Nigeria and throughout Africa/ Latin America. Oh, one last thing, I can have it completed in three months. Did I forget to mention starting to develop a predictive graphing model? None of this is new code, just have to put it together.

PheelGoodInc

I pay for Fold+. Not sure if that makes a difference or not. I get .5 back for ACH

drewsonofdean

Thanks! I’ve been doing a bit of research and it seems like paying with ACH doesn’t give rewards. The work around is through PayPal billpay, but apparently they have removed some companies like Amex. Have you run into this issue?

PheelGoodInc

Fold is a prepaid Visa card and they give you checking / routing information linked to it. Deposit money into the account from your regular bank account. Use your daily purchases on American Express. Pay off American Express with ACH using the checking / routing numbers from Fold. You get rewards for both. And yes, you can withdraw the SATs to whatever wallet you want.

Sparkskatezx3

Hey @anon67-, in my experience, sending USDT from your cold wallet to Coinbase first makes sense since Coinbase supports USDT and USD conversions easily. Once on Coinbase, you can convert USDT to USD and withdraw to your bank account. ACH transfers usually take 1-2 business days but are cheap; instant transfers are faster but come with fees. Just watch for timing and fees, and yes, avoiding delays or locked funds is best done through regulated exchanges like Coinbase. Hope this helps!

Ok_Resident2948

You may want to consider using an OTC broker/trading desk instead of exchanges (centralized or decentralized). They offer: * Far greater liquidity (utilize institutional liquidity pools/networks) * Greater privacy of your transactions * Little to no slippage issues * No front running (orders are not visible to the market like w/exchanges) * Less issues with network congestion that can delay your activities * VIP level service rather than an impersonal app for everything OTC brokers will allow you to maintain your own wallet (i.e. Ledger, etc.) rather than provide you with custodial services which is important for those concerned with losing access due to financial failure of a custodian or it being hacked. The downsides to OTC brokers: * Minimum trade size requirements * Potentially higher fees to transfer fiat out to bank accounts (SWIFT Wire or ACH) * Limited more towards established tokens, no ICO’s and many meme’s OTC brokers are ideal for those who are high volume traders or trade in large blocks that can be disruptive to the markets and offer far greater privacy with regard to your trades and orders. I highly recommend this option over a CEX or DEX, especially if you trade on a regular basis or simply want a better level of service.

fresheneesz

We found the shitcoiner. Seriously tho, Bitcoin's "tech" is not "dated". You failed to use buying properly. If you want to buy coffee with Bitcoin, use lightning dude. It's like you said "I tried to buy coffee with an ACH transfer and it took 3 days!" Ya it's cause you should have used a debit card instead. It's not Bitcoin's fault that you're doing it wrong.

willieb1172

Sounds like you've been researching already. That's great. I've been doing this for years. In the US, I prefer those first 2 exchanges and in that order. As others have said, DCA in. The cheapest way to do this is to link an ACH account to Kraken and/or Coinbase. Transfer in $500 (it's instant and free) then buy the crypto you want. After the 7 day hold, withdraw the crypto to a cold wallet for safe storage. Don't share your pass phrase with anyone! Hold for over a year before cashing out so avoid short term gains tax. It's fun watching it grow! Also, keep up with the 4 year cycles. Don't expect to get rich quick. See it more as a 401k long term retirement account. Most importantly, in Crypto, don't trust anyone. Assume everyone is a scammer, even online friends you don't know in person. Be very careful out there. Good luck!!

LogrisTheBard

Hard to say without knowing your jurisdiction. I recommend trying Monereum if you're in the Euro zone. Your Paypal account should have an ACH account and routing number associated with it, so almost any exchange will support withdrawal to it.

OprahsScaleBroke

Polkadot ⭕️ and Alchemy Pay (ACH) 💰💲👨‍🚀🚀

Cryptocaller

Haha, your lies just keep getting worse. Who cares if you’re up personally? I bought XRP at .17 cents…Echo cares, it’s crap. How about you defending some of your main talking points instead of just blathering on? Brad himself said that he could see Ripple LLC, ie: XRP as a replacement for SWIFT/ACH. “Not an American based crypto” is unprovable. But why does that even matter? Are you some type of neo-nazi? No one cares about the founding country of origin of any crypto. “No creator”. Well then how does it exist if no one created it? You simply don’t know who they are and your perspective that this is a bad thing is ideologically flawed. They/them created Bitcoin and then walked away with zero profit. Brad on the other hand “minted” out of thin air 100,000,000,000 Billion tokens and proceeds to sell millions them every year and the only person that benefits from those sales is him. “And it’s connected to Tether” Oh yeah? How exactly? “All signs point to it going straight to zero” Now you’re just clowning around. Nothing points to the number one crypto currency in history over the past 16 years as “going to zero”. I would like to hear your opinion but you are an absolute moron and so I’ll simply say good luck in life because you’re going to really need it.

Cryptocaller

You’re so funny. Regardless of your investment staring point, BTC will always be a better investment. Do you even understand the functionality of XRP? They’re trying to replace SWIFT/ACH as a transactional token. Where’s the store of value in micro transactions? You have no clue what you’re even talking about. You’ve been sold on the memes of XRP. You will 100% lose all of your money.

cyger

Well I would happy to pay with USDC. Now i need to send my USDC to an exchange and then perhaps trade that to USD, then withdraw it to my bank account, and finally send it to the IRS etc via ACH transfer.

Aldhyabi

ACH : Lack of transparency on team allocation, ATH : Lack of transparency on team allocation and tokenomics. Crypto is about transparency ,

Western-King-6386

Thank you. DCA, keep enough cash on hand for expenses that might pop up and need to be paid in less time than an ACH can process. That's it. If you want to hold more cash for short term trading other things, cool. But DCAing with BTC is basically stress free and comfy. It also gets you thinking more in terms of how many sats you've got instead of how much your BTC is worth, which is what will really matter in the long term.

Roundabout777

It’s like hitting a fly on a cows ass with a banjo at the moment, pretty much bottomed out, if you miss, you would be unlucky. If you’re in for 1-4 years, I doubt you would miss. BTC, XRP, ETH… quite obviously solid. SWFT, ACH, XCN … new kids on the block with good potential and proved so. DOT, LINK, ADA, SUI … all low priced with potential for solid growth. ONDO… think this will shoot one day. Good to see you choose to avoid meme coins, heed your own advice there!

Cryptocaller

That’s not true. Chase still allows ACH transfers directly from your account to Coinbase I do it all of the time. However, you cannot use their credit card on Coinbase without the charge counting as a cash advance incurring a crazy APR of like 29%.

freakythrowaway79

I've been waiting for HBAR to become available on Kraken. Do you think this will happen anytime soon? ACH (ALCHEMYPAY) just joined forces with Hedera's HBAR. Any thoughts or insight on them linking together?

Square-Tomorrow-3500

ETH, ACH and LTC... ACH can be changed with XMR

PsychologicalGood922

Xrp, XLM, Hbar, ACH. These will be money. XCN for the wildcard, BTC, SOL and ADA for the slower and most reliable growth. Fuck the meme coins.

2peg2city

do you have any KYC'd accounts anywhere? Gemini, Kraken and Coinbase all do ACH transfers, or they will send to paypal so you can send to your bank. If you have not KYC'd anywhere, that would be next step. No idea how much you have, so depending on that they might want to hold it for a bit. Never hurts to contact their support and explain your plan to see what they think.

Dhaupin

Yeah totally agree. If it's not the next "internet", it's for sure the next "banking". The concept of a modern/cheap/instant replacement for SWIFT and ACH is far too alluring. The big money is there, it's just waiting on the sidelines until crypto either gets it's shit together, or faces a reckoning moment like dotcom to weed out the trash/vapor. Coinbase is good, but they're kinda expensive for day to day use. Depending on where you are located, there are cheaper CEX for "etc", and you can still use coinbase like a mothership. You're on the def right track with wallets. Look into wrapped tokens and derivatives (synthetic assets) to get exposure to other chains/markets without fragmenting yourself too much (wallet sanity lol). Always remember though, your trade for self custody doesn't give inherent security. You can still be exposed to "liquidity runs" and network fails, and honestly you're way more exposed to scams and fake apps. Be careful

Lexsteel11

Digital currency has been inevitable for a while. It’s an economic arms race because of china achieves programmable money to eliminate systems like SWIFT and ACH while being able to audit all taxation via blockchain crawlers with no data silos, the US will have no choice.

Embarrassed_Tie_8020

ACH

Proper_Bite_5022

$ACH

Born_Acanthisitta395

I totally get where you’re coming from, and I think crypto has a lot of strengths for long-term holders like yourself. But one of the biggest hurdles for mass adoption right now is usability. Newcomers see these long, cryptic wallet addresses and hear that if they send funds to the wrong one, it’s gone forever. That’s a major barrier. Right now, crypto is basically at the “wire transfer” stage—fast and powerful, but also high-risk for the average user. What it really needs is its version of ACH: a more user-friendly, reversible, and error-tolerant system. Something like human-readable wallet addresses, built-in safeguards for transactions, and a way to reverse accidental transfers would go a long way in making crypto more approachable. There’s some movement in this direction with things like ENS (Ethereum Name Service) and wallet recovery solutions, but it’s nowhere near the mainstream yet. Until crypto builds in these kinds of safeguards, it’s going to struggle to go beyond its current user base and become as intuitive as traditional finance.

Proper_Bite_5022

$ACH has great potential. Also at a sale price right now.

OneKitchen7441

We use layer 2 USD (ACH) and layer 3 USD (credit cards). Not sure why you think BTC can’t be used as a global currency. Lightning with splicing and aqua are layer 2 and yes they work.

OneKitchen7441

Layer 1 USD = FedWire Layer 2 USD = ACH Layer 3 USD = credit cards Layer 1 BTC = base chain Layer 2 BTC = Lightning with splicing/Aqua Layer 3 BTC = who knows??? We are early To say a decentralized, secure, permissionless, monetary network that incentivizes using cheap stranded/renewable energy has diminishing/no intrinsic value is ignorant. 14-16 million coins are held by plebs. Who cares what the price does in the short term? You buy and hold BTC.

freakythrowaway79

I watched & experienced the decline of paper checks in the early 00s until about 2010ish. ACH became the norm. I don't know that it will necessarily be BTC but the future payment will be some form of crypto. Kids yet to be born will learn in history class that we used paper money & metal coins as currency. They will all laugh when they learn we carried it around in our pockets & wallets. It's certainly not happening in my life time, no one knows for certain but eventually the system will be replaced by a micro chip or nano chip etc that has crypto loaded on it. You can say I watch too many sci-fi movies idc. It will just be more convenient & efficient.

Proper_Bite_5022

$ACH

OprahsScaleBroke

Polkadot ⭕️ and Alchemy Pay (ACH). 🚀🌙👨‍🚀💲💰

fan_of_hakiksexydays

Most exchanges let you buy even if your ACH hasn't completed. You just can't withdraw back out of the exchange until the whole process is complete.

OrganizationStrong81

ACH, PEPE, XTZ, DGB. Just a few I’ve been tracking. Check out GRASS if you’re a trading (highly risky) it’s rallying way ahead of everything I see personally.

devCheckingIn

What you can try is sending SOL from your wallet to the exchange (gas fees here) and then go into Advanced Trading and put in a sell limit order (post only) with the price you want. That can get you into USD with minimal fees (0.6% trading fee). Then ACH it to your bank account if you're willing to wait the 3-5 days.

devCheckingIn

Is this an ACH withdrawal to a bank? Did you convert to USD first?

FirstAmendmentIsDead

If you have a debit card you can do ACH transactions with any exchange. I like Strike, they let me withdraw to cold storage instantly, before my ACH deposit even fully clears.

Tropicthunder07

Made my 1st 3 purchases first week of Feb. 3 very small transactions all from same bank account matching my ID and personal info. Bought a Trezor cold wallet and tried to move my BTC offline and there it is... Coinbase placed a HOLD on my account for SEVEN WEEKS. Direct ACH transfer from my bank, withdrawals shown posted; yet i have to wait 7 WEEKS to move "MY" BTC?!?! NOT YOUR KEYS, NOT YOUR WALLET.

Proper_Bite_5022

Had to scroll way too long to finally see it mentioned. $ACH 🚀🚀🚀

JGNotorious

As of right now, capture the value. As time goes on, I’ll use it as a utility. Until then, I’m just trying to stack. My question is, I can’t move the bitcoin to my cold wallet until the funds settle given it is ACH?

chrisslugma

ACH

omg_its_dan

Use a wire transfer instead of ACH. Typically has much higher limits.

Show_Kitchen

So for small amounts, a Bitcoin ATM let you buy with cash. They're legit, but the fees can be ruff, so find a company with an ATM near you and follow their socials or newsletter to get discount codes. [coinatmradar.com](http://coinatmradar.com) or any other locator. If you want the lowest possible fees with some degree of protection and self-custody, look to an OTC or Trade Desk. The concept is that you're basically buying P2P from somebody with a lot of liquidity, so its all self-custodial - but there is usually a lot of red tape and you have to use ACH, Wire Transfer, or Interac if you're in Canada. [here's my bing search. yes I use bing and I like it.](https://www.bing.com/ck/a?!&&p=a5340dafa935fda55a66942eda0075d6ff0ccfe340250f757d40ebce550e0c7eJmltdHM9MTc0MDUyODAwMA&ptn=3&ver=2&hsh=4&fclid=3231ee01-c16f-68e9-37a6-fa32c0c76989&psq=coinflip+preferred&u=a1aHR0cHM6Ly9jb2luZmxpcC50ZWNoL290Yw&ntb=1) From my experience, if you have to jump through hoops then it is less likely to be a scam or have really high fees. The sites that take your money in 30 seconds or less always have something behind their back. The riskiest option is to straight up buy from a real person. I've done this before through my network, but I wouldn't recommend it unless you have crypto friends you can trust.

toomanyjackies

I literally went to the farmer’s market last week and one of the vendors was accepting bitcoin (among the usual payment methods) for pies. But also there’s Bitrefill gift cards and ways to pay credit card bills with sats via Bill pay features on apps like strike (sure it’s indirect rn bc it’s technically an automatic “sell + ACH transfer” but the whole “nobody takes bitcoin” argument gets weaker every year

Greenstoneranch

Now he locks funds via ACH holds and says that congestion is the reason I can't trade on coin base after he's assessed fees on said transaction

Roundabout777

Count yourself fortunate you didn’t invest ‘real’ money. You will hold your meme coins to zero as they are so low already. Throw £10 on SWFT, XCN, ACH and they will pay back within the week and cover all you losses.

Successful-Bird8775

There’s no such thing as truly “no fee” trading, if a platform claims that, they’re making money some other way, usually with bad spreads or hidden costs. That said, if you want to DCA without getting wrecked by fees, your best bet is using fee-less bank transfers (like ACH or SEPA) to on-ramp, then buying on a platform with low spreads. Kraken and Binance (if you still trust them) have low trading fees. For a more decentralized approach, consider using a non-CLOB system, where you avoid centralized order book manipulation. Some DEXs have near-zero fees, but you’ll still pay network gas. If you're stacking for the long term, focus more on self-custody and execution price rather than just chasing “zero fees.”

TennisandMath

I’m focused this alt season on payment related coins and stablecoin liquidity. Giants like Mastercard/Visa are taking stable coins as competition and I plan to rotate between ACH (crypto-fiat payment) and CRV (stablecoin trading and liquidity pools) during periods of high market volatility when people are swapping more to stable coin’s. Hopefully ethereum wakes up since these are both erc20 tokens. But my strategy might change 🤷‍♂️

Evolutious

Actually, you can! [Strike.me](http://Strike.me) allows you to Bill Pay using BTC to pay the bill! ;) Check it out sometime if you are interested. What I have done is I have my home miners mine on Braiins (because Braiins supports lightning to send BTC at no fee) and send the mined BTC to [Strike.me](http://Strike.me) via lightning (again cause free). I then have my power bill set up to use the ACH information from my [Strike.me](http://Strike.me) account (routing number and account number) to have the bill paid using my mined BTC. Any remaining BTC will sit in [Strike.me](http://Strike.me) until I decide to self-custody.

GrouchyAd9824

Because of instant withdrawal maintenance? Pretty standard to happen after hours occasionally. It's not stopping you from doing a standard ACH transfer.

Billaaaaayyyy

$ACH r/alchemypay trending number 3 right now.

Itsafulltimebusiness

I honestly don’t know about fees for selling crypto for USD; I’ve only bought it, traded it transferred it and eventually stored off line. There’s only a small fee for buying with a debit card (nothing if ACH from bank) and even that is so marginal. Like if I bought $600 worth of XMR I’d be charged like $610-615 I think, it’s low I know that. Long story short I swear by the exchange 🫡

OprahsScaleBroke

Alchemy Pay (ACH) going to moon this bullrun! 🚀🌙👨‍🚀💲💰

jslrii

Hey dude thanks for bringing some visibility to this. So just to clarify I can: 1) Put all of my expenses (restaurants, Shopping, travel) all on my credit card 2) deposit money into from my checking account, use that money to pay off said credit card and my car payment and earn btc back? Reading the terms I thought it was saying I needed to spend a certain amount on fold to be able to earn on those ACH payments

MysteriousIce01

In your account you will find a section that details your limits. Based on account age and transaction history these can change. Understand these guys are fdic insured and follow laws as a legitimate exchange unlike coinbase and kraken, so ignore the robinhood haters. Anyway, ACH is the fastest way and you should have at minimum a 50k daily limit. Just know if you try to clean out the account in two days with no transaction history then you will likely trigger a security measure. Btw this can happen with any legit exchange. The best way is to contact them with your intentions, make sure you have all kyc done along with 2fa setup. Then start transferring 10k or so a time. If this is your first rodeo, I might give a few days in between.

HerboClevelando

Pretty much every large online gold and silver dealer in the USA accepts Bitcoin payments. Gold/silver has little pricing room to absorb payment processing fees, so those costs are passed right on the customer. 3% fee if you pay by credit/debit, 1% fee if you pay with Bitcoin, 0% fee for check/ACH.

_etherium

USDC payments are a superior payment method to credit cards, paypal, ACH, and wires. And it's FREE on Coinbase and soon on many L2s.

kwijibokwijibo

You're right that ACH is due for disruption. The problem is - many countries have already implemented or are implementing realtime payments already, offchain Zero cost, immediate transfer, find beneficiaries via QR codes, mobile numbers or other easy identifiers Crypto isn't needed to revolutionise the industry. If they had acted 5 years faster, maybe. But trad fi and non-crypto fintechs are making progress

oncemoor

I am not shitting on BTC but if that is all you think blockchain is about then you will miss the greatest transfer of wealth in history as the financial system is rebuilt. It is like being back in the 90’s and putting all your money in AOL because you thought it was the internet. I remember everyone moaning after the first crypto task force discussed their strategy and watched all the good news be discounted because the BTC reserve wasn’t announced. Classic can’t see the forest because of the trees. Coinbase is point on, utilizing the rail system to process payments in stable coins will dwarf any purchase a reserve will have in the eco system. The antiquated ACH system built in 1972) is ripe for disruption (Europe’s SEPA is far better but also a newer system). If banks can hold stable coins or crypto, why would anyone need to do a wire transfer or ach transfer. You initiate a transfer bank sends stable coins to another bank which is converted to cash. You have 0 settlement time at a fraction of the cost, plus there is no middleman, which means a massive amount of regulatory, compliance, and oversight costs are eliminated. Banks have nothing to build. They hold stable coins or crypto and use the rails of blockchain. No clearing houses. The consumer doesn’t even know they are using blockchain. Banks can charge less by reducing costs and making more profits. This is a massive increase in efficiency. This dwarfs any amount of BTC reserve being bought. And it is an ongoing system not a one off purchase. Usage and utility is what creates wealth. Think if we stopped with digital yellow pages as the use case for the internet.

PheelGoodInc

It has since changed. It's like .5 percent on ACH. Useful for when you can't pay stuff off using PayPal

PheelGoodInc

I can't speak for every merchant, but it's worked with everything I've tried. You get a routing and account number just like a checking account. You can enter that info and ACH payments. The rewards on those are pretty small, but why not? It's literally free SATs.

JerryLeeDog

It's because we started talkin about the new credit card that hasn't dropped yet. No worries, I knew you were just confused from it. The CC is really not that cool compared to this trick. You have to spend a decent amount to make Fold debit work, but imo it's totally worth checking. It's $10 a month to get back 0.5% on every debit transaction and then every dollar you spend in a month is what your limit is for ACH rewards the following month. So If I spend $5k in Feb, in March I'll get 0.5% back on my mortgage and rent up to $5k. All and all if you make more that $10 back a month it becomes worth it. If interested I have a link for 20,000 free sats. Stay humble ;)

thethrowupcat

I’m an old timer and last night I just had to learn a hard hard lesson that I already knew. My recent purchase was on exchange. I had a small amount there previously I deposited via ACH to Coinbase. My bank decided to reverse the Coinbase ACH a week later. I already bought BTC and Coinbase locked my account. Went to pay Coinbase back, they won’t let me add my bank account again. Call support. No help. They force liquidated to get the money back they lost. Thank god they didn’t force sell a lot. But just a good lesson that sometimes it’s your own banks fault as much as it is the exchange. Horrible service from Coinbase.

Obsidianram

Yeah, so when do ACH transfers return is the big question...

Quick_Sorbet6038

Yeah - that part is goofy. I don't use PayPal. Instead, I just use ACH for each of my bills - I go directly to the vendors sight and pay the bill or use the debit card. I like Strike, but right now Fold just has more to offer, IMO.

Tall-Oven-9571

Okay sounds good. Now do you have any advice about which platform I should be trading from. I'm currently in coinbase and I'm hearing a lot of scary horror stories of people not being able to get their money out when they're cashing out. I know they're trading fees are really high but I did use coinbase advanced and had better luck than just a straight forward buy and sell button from the main page. I've also heard people saying that they try to transfer their money to another platform and it never made it. I imagine some of those mistakes are made by people and not coinbase themselves. I'm just concerned that if I do well with Bitcoin that I won't be able to get my money out. Should one move their money from one platform to another or to your ACH bank account and then into a new platform? Anybody have any advice on that? I recently traded bought high waiting for a dip that never happened and then as soon as I bought back in for a very small profit the dip happened. I'm such a rookie but honestly I haven't been paying much attention to bitcoin since 2017 when I first invested. But of course now it's all the rage and it's gone up so much that I'm paying attention.

Right_Application_92

I recently got into consolidating some BTC and I was told about River by a friend and I was intrigued by the zero fees on reoccurring payments. Although I would say overall my experience with River has been good, for someone just getting into Buying BTC with a goal for quick and easy self-custody, it may not be the best. First off, as far as the no fees for reoccurring payments.. that doesn’t apply until after the first two payments. On top of that, to my understanding, for reoccurring payments, you aren’t able to use a wire transfer, rather an ACH transaction.. which just means waiting longer for the money to go through security measures by your bank.. which is a good thing.. however, there is also an additional hold on that BTC by River Financial before being able to send/transfer to cold storage, which says typically takes 2-7 days. In my experience, this was the case. That said, having seen bad reviews on Reddit and in the app store, that waiting-game of being able to transfer my BTC was a little nerve wracking. Still, I had a great experience with the customer support team at River through email and phone. I was very nice and they were the same back to me. I can say I trust using River, but it gives me pause to see concerning experiences of other folks

muskelongated

Leverage. Ape your Wendy's paycheck into a 200x trade. Best case, you bag a bewildering profit. Worst case, you have to beg your landlord not to give you an eviction notice for not paying rent. Maybe move back in with parents. Possibly live in car for a while. Alternatively: 1. Make Webull account 2. ACH deposit Wendy's paycheck into Webull. 3. Lie about trading history to get approved for tier 1 options trading. 4. Ape account balance into as many 0-5dte call or put option contracts as you can afford. Best and worst case same as previously mentioned. *Disclaimer: I am NOT a professional and this IS financial advice. You should ALWAYS over-leverage and risk more than you can afford to lose.

Wyg6q17Dd5sNq59h

Same in what sense? ACH is subject to sanctions.

andresjmontanez

Same as ACH transfers we already have when we do bank transfers.

Interesting_Loss_907

1) Not without permission from your bank, and 2) Not without implicit gov’t permission either (if your gov’t instructs your bank to freeze transfers, they will 3) internationally most likely w/t fees apply or if you send ACH int’l still takes 1-2 banking days before recipient gets your funds, and 4) not on Sundays, correct? Bitcoin is decentralized and permission-less, and functions 24/7, non-stop, and without any monetary cap. You could send $500K instantly on a Sunday to a recipient in Thailand, or Argentina, or Kenya, or Japan. Idk about you, but for me, those qualities are high value and make Bitcoin good money. If you don’t value those qualities, it’s ok, you don’t need to own Bitcoin. 98% of people don’t. I’m with the 2% (& growing) who do see value in it.

Interesting_Loss_907

I’ve made several large value transfers in the past month & haven’t paid more than $1 even once. Each time my TX got through in the next block, within about 10 minutes. That’s both faster and cheaper than bank wires. Even with bank ACH I have to pay a monthly fee in order to get the transaction fee below $1. It takes two days before the recipient gets the funds. Is BTC ideal for very small purchases? (No, unless you’re using LN at point of sale). But it’s still *very* useful as P2P money as well as store of value.

SarcasticNotes

95%+ of my spending is paying off my Citi card and Amex cards with PayPal bill pay. I do buy gift cards to certain places (chewy, jersey mikes mostly). I pay off my Chase travel card and mortgage with the ACH. I’ve make about $50-60/month in bitcoin between all rewards depending on spend.

mforce22

Do you still get rewards on paying bills with ACH if you do not do use it for any other things (but bitcoin, or gift cards with the debit card)?

jlittle984

My BlockFi distributions were done via ACH and done like a year ago…

OohDeLaLi

Sorry bud, but it's like sending money via ACH. Once it's sent, it's sent. That's frustrating and I'm very sorry for your loss.

Counciltuckian

Ya’ll are asking the wrong questions.  The issue is Congress appropriating the funds in the first place. Blockchain doesn’t solve the problem. And yes, govt systems use a series of POs for everything. Every payment is tracked.  Who requested the funds, who approved, what invoice, when, what payment method (check or ACH), where it went….  FFS 🤦‍♂️  Ask Elon if he uses Blockchain at Tesla for accounting.  

ConsciousEntropy

I know less about Fold, so take this with grain of salt. Strike opens a checking account with a partner bank that allows you to perform regular banking transactions (bills, ACH, etc). As mentioned above, Fold offers a prepaid debit card, which usually cannot be used for transactions like mortgage, rent, or credit card payments, so people use PayPal as a proxy for those payments. I assume this is possible because PayPal allows you to use a prepaid debit card to fund a checking account.

Independent-Coat-389

ACH, SWFTC and XCN looks like sure winners and multi baggers.

JonSnow4525

ACH is tariff-proof

JonSnow4525

ACH looking great

JonSnow4525

ACH may pull an XCN

Kristo9224

ACH looks promising, tons of updates and still low market cap.

cryptosage

Strike can do this! You can set the percent you want in Bitcoin and percent you want in fiat. Even has bill pay built in so you can pay bills that accept ACH. :)

itsquietinhere2

I'm 100% in XCN, waiting for the next run-up. Look up ACH at Crypto Future on YouTube.

JonSnow4525

ACH is looking like the next XCN

JonSnow4525

ACH looking like the next XCN this weekend

Kristo9224

ACH, low market cap and good utility

itsquietinhere2

Alchemy Pay (ACH). I don't own any.

JuHustle

The thing is, when you initiate ACH transfers, they will let you spend the amount you deposit same day. The catch is they will put a hold on that deposit for about a week before you can even withdraw the amount. All services are like this. But if you do wire transfer, you can get your deposit AND withdraw that amount same day. But when you’re buying Bitcoin with your debit card, you’re good to go same day. Strike and Cash App has this. Personally I don’t use a computer to use Kraken Pro, but it’s been smooth and simple on my iPhone.

NoteTop8798

I'm buying ACH every week for 200.00

stevek1200

Exactly. I do have a little bit of BTC, but I also have XRP and XLM. Looking at ACH when it dips.

oopssomething

Thanks to this ACH up 24%

clickfornudes

Everyone I know says no matter what way you cut it, it sounded like the dumbest thing ever. After fighting tooth and nail the only option they gave me to reconsider was to get legal communication from the company who sent the ACH.. SHOPIFY. Lmao now explain to them that Shopify is an e-commerce company whose only support is a HELP CENTER. It would be easier to get a signed letter from Michael Jackson.

chefelvisOG2

ACH

clickfornudes

Learned this the hard way. Nothing to do with Bitcoin even. Had bank accounts for 30 years with one bank (when I was a kid my parents opened an account). I had one big ACH hit with a simple mistake - an incorrect payee name - on a business account. Okay, just… reject the ACH? Nope. “We’ve decided to terminate all your accounts” (even the unrelated ones). It was financial hell; basically being a financial ghost for several weeks. Always have multiple bank accounts

StatisticalMan

ACH transactions take 3-5 business days. The only reason they are used over Bank Wires (which only take a few hours) is cost.

1Snuggles

I guess I’m not getting it but ACH transactions are very fast, and I’ve had my crypto transactions take hours. But even if crypto was minutely faster than ACH, really who cares?

OprahsScaleBroke

Alchemy Pay (ACH) ready to blast off! 🚀🌙👨‍🚀💲💰

watch-nerd

Are suckers really going to get pulled into another ACH pump and dump like in August 2021?