Anyone else hit significant friction with KYC/KYB when trying to onboard with some of the payment providers or brokers that interface with Polymarket, particularly on the fiat side? The hoops for smaller amounts seem disproportionate sometimes, and I'm wondering if there are any specific pain points others have identified or navigated successfully.
It's always amusing how much scrutiny a few hundred dollars gets, while entire financial systems seem to operate on a handshake and a wink. Makes one wonder if they're more concerned with my pizza money than actual illicit flows.
Definitely an issue, especially when dealing with platforms that are trying to bridge traditional finance and new markets. The regulatory landscape hasn't quite caught up, which often leads to an overabundance of caution from the payment providers. Have you tried any of the on/off ramps that specialize in crypto-to-fiat conversions directly, or are you specifically looking at traditional banking channels?