Topic: MEW introduces KYC-less Crypto - Fiat Gateway - page 2. (Read 341 times)
Really interesting. So Anyone could use their ATM to exchange ETH for fiat using MEW. And it is up to 5000USD. BUT, you will have to give a phone number, your bank account information and other identification numbers. I do not think it is right say "without KYC" and them asking for those details.
When I first read this I was confused as how this is possible. Then I read this
https://medium.com/myetherwallet/mew-introduces-first-kyc-less-crypto-exit-to-fiat-gateway-powered-by-bity-a24b6aa3e3c4 (same source as OP)
Quote
How it works
Bity is a fully regulated and audited brokerage company based in Switzerland, providing leading crypto finance services for clients all over the world. Bity operates a network of crypto ATMs across five cities in Switzerland, with more locations coming soon. While accessing your crypto funds through a Bity ATM is very convenient if you are in Switzerland, the MEW V5 integration lets our users take advantage of Bity’s crypto-fiat gateway from any part of the world.
Man the Swiss sure know their banking gateway workarounds lol Bity is a fully regulated and audited brokerage company based in Switzerland, providing leading crypto finance services for clients all over the world. Bity operates a network of crypto ATMs across five cities in Switzerland, with more locations coming soon. While accessing your crypto funds through a Bity ATM is very convenient if you are in Switzerland, the MEW V5 integration lets our users take advantage of Bity’s crypto-fiat gateway from any part of the world.
https://medium.com/myetherwallet/mew-introduces-first-kyc-less-crypto-exit-to-fiat-gateway-powered-by-bity-a24b6aa3e3c4 (same source as OP)
MEW introduced a new crypto - fiat gateway few days ago with Bity. Only thing you will need is phone number for confirmation code and bank account details which they promised won't be stored.
I'm happy for this news, going to try it out for sure, haven't done it yet. So if someone does before I get chance, please share the impressions.
Here is the link with the article and guide for anyone interested and wiling to give it a go.
https://medium.com/myetherwallet/mew-introduces-first-kyc-less-crypto-exit-to-fiat-gateway-powered-by-bity-a24b6aa3e3c4
I'm happy for this news, going to try it out for sure, haven't done it yet. So if someone does before I get chance, please share the impressions.
Here is the link with the article and guide for anyone interested and wiling to give it a go.
https://medium.com/myetherwallet/mew-introduces-first-kyc-less-crypto-exit-to-fiat-gateway-powered-by-bity-a24b6aa3e3c4
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