Stocks and Bank Transactions.

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So I sold stock last Thursday. Why does it take 2 business days for a stock to be sold? Where Crypto and E-payments nowadays take real time. Also I need the money to be wire transfer to international bank. Why does this is not also real-time it will take like 4-7 business days before it will be on my bank account. Why does the transfer not working on weekends? So basically why everything is still slow and why everything can’t be done on weekends?

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7 Answers

Anonymous 0 Comments

I don’t care if it’s slow, but at least it’s irreversible.

Have an unknown and unwanted charge in your credit card? Call the bank and it’s sorted out.

Sent the money to the wrong account number? Call the bank and it’s sorted out.

Someone hacked your bank account and stole some of your funds? Again, call the bank.

How about stolen seedphrase? Oh, did you send your coins to the wrong tx address? Oh did someone hacked the chain and now your coins are worthless? Well, tough luck.

Obviously, there’s still pros to crypto than traditional banking like full control of your finance without government or any authority messing with your stuff.

But repeat that again on your head, **full control and responsibility of your finance. Just you, and only you.**

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