Recent content by Burak

Couldnt get approved, they have a detailed review process for non-eea residents and got rejected after video call verification

Wallester doesn't work for me, other providers are giving you one card, not unlimited.

Anyone knows something like Redotpay? I think some Hong Kong service must have it. I use RedotPay a lot but they have a limit of maximum 5 cards.

Marshall Islands

It's a limited company in low reputation island country. I might be wrong but probably you cannot get verified easily on such "global" exchanges with US LLC.

Update: Okx reviewed and approved in 2 days. Binance asked for so many questions, and also a statement from bank account. So I'll skip it for now.

You can use payment processors, so they will handle such checks for you. Coinpayments, Confirmo, Cryptomus etc. should work for this. It costs around 0.5% - 1% per payment.

I don't suggest using instant exchange websites with this amount, they will likely try to scam you by random AML request. But you can compare exchangers here: https://swapzone.io/exchange/usdt/btc It shows around 250 USD fee for 35000 USDT swap. If you are holding USDT on Ethereum, you can...

1. Stablecoins (USDT/USDC etc.) and tokens can be frozen by issuers, thousands of Tether addresses are already blacklisted for example. There is DAI, which is decentralized stablecoin, but risk of DAI losing it's peg is probably higher than your wallet getting blacklisted. 2. On-chain native...

Update: Mexc reviewed and approved in just a few hours, I'll update if I try any other exchange.

Applied Binance, but they say it may take up to 15 days to review the application, also applied to Mexc not sure how long will it take. Any other alternatives, I'm just looking for an exchange to trade USDT pairs with offshore entity. (funded from crypto processors) No FIAT access needed so...

I don't use banking at all, only face-to-face P2P to cash or gold. I understand this results in non-SoF funds, but I'm okay with that. Personal KYC and incorporation documents for KYB. They take bank payments normally, crypto privately. I might be fucked for real. Regarding to solution you...

Yes, but in my case I don't collect payments as company. Only place I use company's name is KYB docs, in the theory I send funds on behalf of company but suppliers are also from other countries and I highly doubt they report somewhere.

Can you elaborate what you mean by proper accounting, I thought company doesn't have any official activity as it doesn't receive payment from any payment processor.

- B2C Digital products, paying suppliers* in crypto - Getting paid directly to private wallets - Holding crypto and cashing out with P2P (cash and metals) - Not dealing with any banking / payment processor at all * Using a dormant (not sure if this is correct word, but it doesn't have any...