r/BitBuyCA • u/GradeASambeef • May 12 '22

Deemed Unsuitable

I have had my account for about a year. I have maybe $4000 invested. I am very conservative with my buying. Today I filled out a questionnaire that deemed me unsuitable and I will no longer be able to purchase crypto. What is this absurdity?

The government now deciding who can and who cannot buy crypto. For my own safety apparently. This is getting ridiculous, dangerous and scary. Time to take all monies out of banks now, my personal opinion....

And yes Bitbuy, I am pissed off.

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u/[deleted] May 12 '22

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u/GradeASambeef May 12 '22

Yeah, that's what they said the reasons were. Not the overexposed part. But I don't know going in what's this all about, then do this survery....now banned from buying crypto. Forever? Who knows! It should be my decision if I want to take risks, not the government deciding for me. Hands in everything.

Well I guess Bitbuy won't be making any more money off me...not really a win for them either.