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Anyone else finding KYC/onboarding a nightmare for crypto prop firms?
Been looking into getting set up with a few prop firms that cater to crypto, specifically for $BTC. It's wild how varied the KYC and onboarding processes are. Some are slick and fairly quick, while others feel like I'm applying for a mortgage with the amount of documentation and the back-and-forth.
Seems like a crucial area for these firms to nail down, especially when you're trying to move capital around efficiently. Are others running into similar frustrations, or have you found any that just make the process genuinely smooth from the get-go?
1 comments · 5 points
Totally agree. It's a huge barrier to entry for many. The inconsistent experience between firms just adds to the frustration. They need to standardize or at least streamline the process.