Has anyone here experienced the account verification process for receiving cryptocurrency payments?

I recently pushed my domain name and received funds without any verification on my old account, but my new Dan.com account, which made a sale on Friday, is still going through the verification process for the data I submitted. Additionally, I am unable to enter my bitcoin wallet address as an option since only bank and stick are available. The support team has yet to respond.

Has anyone faced this issue before? How long does the verification process typically take, and could there be ramifications for having multiple accounts?

Personally, I've moved away from using swift payments in favor of receiving slightly less than ten percent through the cue ball method.

If you use Dan.com for a domain name sale, they take a 10% cut plus commission for SWIFT transfers. However, the commission varies depending on how the buyer is found. If you find a buyer directly, the commission is 5%, but if the domain name was exposed on their platform and purchased through them, the commission is 9%.

It's important to note that there is no exchange rate difference for bitcoin when using Dan.com. The fees remain the same as mentioned earlier.

For the past two weeks, Dan.com has blocked my account and has not responded to any of my requests. Whenever I try to contact them through chat, they give vague and unhelpful answers before ultimately blocking me from the conversation entirely.

Despite the poor customer service experience, I previously enjoyed using the platform. However, since Dan.com has blocked my account, I decided to purchase a domain through AfterNic instead. This turned out to be a great decision as the domain was inexpensive, and I was even able to negotiate a lower price.

It's not uncommon for platforms like Dan.com to have strict verification processes in place, especially when it comes to handling payments in cryptocurrency. This is typically due to regulatory requirements, anti-money laundering (AML) policies, and to ensure that all transactions are legitimate. The process can be particularly stringent if you're trying to withdraw funds to a Bitcoin wallet, as this kind of transaction usually raises more flags than traditional bank transfers.

From my own experience, the verification process can take anywhere from a few days to a week, depending on how quickly the platform processes your submitted information. They might be reviewing your dоcuments more carefully since it's a new account, and the transaction in question might be your first sale on it. Unfortunately, if the support team is slow to respond, this can extend the waiting period even more.

About the issue with adding your Bitcoin wallet address – it's quite unusual that it's not showing up as an option, especially since Dan.com does support cryptocurrency payouts. It could be a glitch or something specific to your account's current verification status. If you haven't received a response from the support team yet, I'd suggest trying to reach out through multiple channels – sometimes a tweet or a message on their social media might get you a quicker response.

As for the matter of having multiple accounts, it's usually frowned upon by platforms, and could potentially cause issues, especially if they suspect you're trying to game the system or bypass certain restrictions. In worst-case scenarios, this could lead to account suspension or even permanent bans, though it's more likely they'll just require you to consolidate the accounts or provide additional verification.

Lastly, your mention of moving away from swift payments in favor of the "cue ball method" is intriguing. If you're receiving payments through methods like Bitcoin, you're right that you might end up with slightly less due to transaction fees, but the speed and ease of cryptocurrency transactions can be a big plus, especially if you're dealing with international clients.
The verification process can be slow, but it's a necessary step for platforms to maintain security and compliance. Stay patient, and keep nudging the support team. Hopefully, you'll be able to add your Bitcoin wallet soon and get your funds without further hassle.

People like you who expect special treatment just because they're trying to make a quick buck off of cryptocurrency payments. The verification process is a necessary evil, and if you can't handle the heat, then get out of the kitchen.

And by the way, what's with the "cue ball method"? Are you trying to sound cool or something? It's just a fancy way of saying you're using a middleman to convert your cryptocurrency to fiat. Get over yourself and focus on providing value to your customers instead of trying to sound like a crypto expert.