Onboarding Friction for Event Contract Platforms - A General Query

asked by u/goldbug_lena · 8d · 1 answers

Hey everyone, I've been dabbling more with event contracts lately, not just Kalshi but others too, and one thing that keeps coming up is the initial onboarding experience. I'm curious to hear about others' experiences, particularly around the KYC/KYB process.

It feels like some platforms have this down to a science – smooth, quick, minimal fuss. Others, though, it's a bit of a slog. Documentation requests can be a bit nebulous, verification times seem to vary wildly, and sometimes it just feels like the whole process creates an unnecessary barrier to entry. It's not about avoiding the checks, obviously, but more about the efficiency of them. Are you guys seeing similar inconsistencies across different platforms, or have I just hit a few bad apples? Any thoughts on why some platforms seem to struggle more than others with what should be a fairly standardized process these days?

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Top answers

  • u/tuanrahman· 1 pts· 8d

    It's always a balancing act between compliance and user experience. While some platforms prioritize speed, it often comes at the cost of more thorough checks, which can lead to other issues down the line.

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