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drtz
Maybe I'm just being pessimistic, but seeing this in the light of their upcoming IPO and yesterday's Robinhood debacle makes me feel like this is an attempt to be seen as "legitimate" in they eyes of Wall Street.
chosen1111
Why do people trust web apps like this in crypto?
ThePadawan
How does one purchase crypto with fiat?
newsbinator
It's simple. Just find somebody on LocalBitcoins, find a dark alley, put on your N95 mask, and bring $5,000 in cash with you to said alley. Hopefully they'll neither rob, nor rape, nor murder you, and won't follow you home to determine where you live.

But if they do, you can rest assured that's simply KYC.

It's the on-ramp the fat cats don't want you to know.

Red_Leaves_Flyy
Take 10% of that 5k, get a gun, and hire a friend to handle the transaction while you're on security.
newsbinator
The benefit of being your own bank is you are also your own police force and your own insurance company.
[deleted]
(comment deleted)
[dead] bingbong70
Arrange to meet in the lobby of a police station, city hall, or any secured public building.
doggosphere
They accept a tradeoff between convenience vs security, simplicity vs complexity.
llampx
Does that mean you can't change BTC to USD? I don't understand what freezing USD purchases means.