Recent content by Lincoln Burrows

Buy USDC and then use any Dex like https://jumper.exchange/ or https://app.uniswap.org/ to swap to USDT

You mentioned all the worst EMIs one could think of. Reading their names gave me PTSD

There is nothing wrong with building on an existing and tested platform/API. Part of the licensing process is to demonstrate high IT infrastructure, especially now with DORA coming into force; and that's when these white-label solutions comes in to save you the day.

It's also worth noting that a license may not even be required to sign a deal with a BaaS provider and start issuing IBANs in customer's names. However, there will be some restrictions on the type of operations the clients can do, such as sending to foreign entities, currency exchange, etc. And...

I'd highly suggest avoiding OpenPayd and Intergiro, unless you're looking for headache. Good BaaS providers that I'd recommend are Banking Circle, Modulr, Clear.bank and there are many more options if you're looking to dig that road. An EMI license is considered the highest electronic license...

No onboarding is needed for Sumsub. A fixed monthly fee is required, though. The Basic plan will suit your needs at $150 per month that will cover 100+ verifications. You may also check https://kycaid.com/pricing/

Why USD and not EUR? You'll have difficulty opening a USD account anywhere in the world knowing that you'll primarily use it to receive international SWIFT transfers from a crypto exchange, especially with the figures you mentioned.

This EMI I wrote about is Paydo, so avoid these clowns. They also told me your business account is approved after supplying all documents then two days later telling me I got declined!!

I've said this before and I'll say it again. To register for an individual account, just use a country of residence that has no trouble with Binance, either in the EU, Africa, South America, or some Islands, etc.. For the Proof of address, just use any statement of an online bank and change the...

Your requirement is nonsensical to transact in a different currency than the native currency of the country, especially on P2P platforms. If your money is in a UAE bank, then it's best to get a good exchange rate to AED and buy with AED. Else, you can deposit with a USD SWIFT transfer to...

1. Be happy you got declined by Ambr; it's a shady EMI with no customer support or in-house compliance team; their best response time for any email is 2 weeks, and as I said before in this forum "I believe any EMI that ask for application fees upfront should be instantly ignored; if they're...

any sort of business or activity that relates to the following*:

No.

They're very expensive even for first-tier personal/business accounts, which are supposedly low-risk; they charge "€5 + 0.15%" for every sent/received transaction. Both a static fee and a percentage is criminal! They also don't support SEPA Instant like most of the crappy EU banks/EMIs, so if...