Many of you may be familiar with Clear Junction and their banking services, as they have provided services to big exchanges such as Kraken and Binance in the past. However, some of you may have experienced difficulties in opening an account with them, as their application process can be quite strict.
One of the key issues is that if you mention that your business is related to P2P, your application will be rejected outright. Similarly, if you mention Binance or stablecoins such as USDT, your application is likely to be rejected as well. These are just a few of the many restrictions that Clear Junction imposes.
What's even more puzzling is that there are at least 6 merchants whose main business is P2P and they provide their services on platforms such as Binance, Paxful, and LocalBitcoin, yet they have been able to use Clear Junction's services. This raises questions about the consistency and fairness of Clear Junction's policies.
In conclusion, it's clear that Clear Junction's EMI services come with a number of restrictions and limitations. The apparent inconsistencies in their policies make it difficult to understand why some businesses are accepted while others are rejected.
One of the key issues is that if you mention that your business is related to P2P, your application will be rejected outright. Similarly, if you mention Binance or stablecoins such as USDT, your application is likely to be rejected as well. These are just a few of the many restrictions that Clear Junction imposes.
What's even more puzzling is that there are at least 6 merchants whose main business is P2P and they provide their services on platforms such as Binance, Paxful, and LocalBitcoin, yet they have been able to use Clear Junction's services. This raises questions about the consistency and fairness of Clear Junction's policies.
In conclusion, it's clear that Clear Junction's EMI services come with a number of restrictions and limitations. The apparent inconsistencies in their policies make it difficult to understand why some businesses are accepted while others are rejected.
