Question strange request from a client: to buy USDT

[AdH]

Dear everybody,

I have received today a request from a new client, asking me if we know where to buy USDT for big amounts.

I understand near nothing about Crypto World, but I never hear about to buy USDT.

Can anybody to advice me or let me know further information?

Kind regards in advance

AdH

 

[Aetherial]

I personally use Kraken for this, never had any issues with them. Not even so much as a routine check

 

[Wysywyg]

I am not sure what your line of work is, but I am wondering if your AML/KYC checks might pick up their reasons for this as part of building a picture of their profile. If you are facilitating this for your client, it might be worth asking them to sign an AML form about the origin of funds. That should go some way towards addressing your concerns.

People buy USDT due to them being pegged to the USD . It's probably 30-40% of the volume I see coming through where I work at the moment.

 

[VisionSk]

This is a very usual request in this day and age. There are a number of service providers who facilitate private, licensed, KYC / aml compliant on-ramping and off-ramping services.

 

[Wysywyg]

It's about perspective. It might be usual to you, but it isn't to this person, so they should work out what works best for them. Do they ask for extra information and risk losing the client, or do they go along with the request, based on what they know about the client?