What is the 7 day hold on Kraken plaid?
I recently encountered a situation with Kraken where my funds were put on a 7-day hold. I'm trying to understand what this hold is all about and why it was implemented. Could someone explain the reason for this 7-day hold on Kraken?
Is it safe to give Plaid my bank login?
I'm considering using Plaid but I'm concerned about security. I need to know if it's SAFE to provide my bank login information to Plaid. Will my banking details be protected?
How long does Plaid take to verify?
I'm wondering about the time it takes for Plaid to complete the verification process. How long does it usually take for Plaid to verify?
Is Plaid a money transmitter?
Could you please clarify for me if Plaid should be considered a money transmitter? I've heard conflicting opinions on the matter, and I'm curious to know the official stance. Given the nature of their services, which involve connecting users' bank accounts to various financial applications, it's not immediately clear whether they fall under the same regulatory framework as traditional money transmitters. Could you elaborate on this point and help me understand the legal implications, if any?
Does Plaid support crypto exchanges?
Could you elaborate on whether Plaid, the financial services company that enables connections between applications and users' bank accounts, supports integrations with cryptocurrency exchanges? Given the growing popularity and demand for cryptocurrencies, it would be valuable to understand if Plaid offers this functionality, allowing users to securely and efficiently link their crypto exchange accounts for various financial purposes. Is there any current or planned support for crypto exchanges on the Plaid platform?