Post
Topic
Board Service Announcements
Re: [ANN] Archway - Invoice & get paid in crypto without asking for permission
by
dkbit98
on 05/09/2024, 18:05:46 UTC
Correct, you register on the platform with your email and phone number. There is no KYC up to 1000€, and it's light touch above that.
OK, that sounds much better.
Is 1000€ limitation for single transaction or for all transactions?

EDIT: I think the confusion comes from this "We provide you with a EURO bank account." in the FAQ section "How does it work". It's very poorly phrased, what we mean is that it's Archway's bank account that is automatically added on the invoices. Will clarify this part!
That is what can confuse potential customers, and I think you need to make correction for this, but on main page you are also announcing upcoming feature of USD bank accounts.
I understand you want to add off-ramp to fiat in future, but this can't work without kyc verification.