I use my own company, i receive the funds and use their API to change to the relevant token.
my company is KYC'ed.
Won't that get you into trouble at some point? It will depend on where you are, but I've read stories about convictions for
operating an unlicensed money transmitting business. Unless you're registered to do so, but in that case wouldn't
you be the one to require KYC from your users?
Hey LoyceV,
Thanks for your reply, that's a really good questions.
So the way it works, it's pretty simple, changenow own the license for the exchange.
My company is KYC'ed with changenow, their license allows them to exchange crypto. you are correct at some point it might raise questions, however, im planning to switch to 1inch solution which is DEX.