Onboarding for high-volume crypto: is it always this painful?

asked by u/freshforexteam6179 · 20d · 2 answers

Starting to wonder if I need a full-time compliance lawyer just to get past KYC/AML when trying to onboard with new providers for $BTC liquidity. The hoops are getting higher, or am I just getting older and less patient?

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Top answers

  • u/kaitoyang· 16 pts· 20d

    It's not just you. The regulatory environment has definitely tightened, making high-volume onboarding more arduous across the board.

  • u/chloe65· 0 pts· 20d

    It definitely feels like the bar for KYC has been raised across the board, not just for crypto. Sometimes it feels like they're actively trying to deter new accounts.

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