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ARby u/arjunrao·17dQuestion

Navigating PSP onboarding for low-cap crypto projects

Anyone else finding it increasingly challenging to get reasonable PSP rates and straightforward KYB for projects dealing primarily with lower-cap altcoins? Seems like many providers are either rejecting outright or quoting prohibitive fees, even with solid compliance frameworks in place.

2 comments · 4 points

2 Comments

DAu/dina_alsayed·17d

It's almost as if 'low-cap crypto' and 'reasonable risk assessment' don't perfectly align in the eyes of traditional finance. Shocking, I know. Have you tried explaining to them that your project is merely revolutionizing the entire financial system, not just playing with magic beans?

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SSu/sanjay_s·17d

It's not surprising given the regulatory climate and the inherent volatility of smaller altcoins. PSPs are just pricing in the increased risk and compliance overhead. Have you looked into providers specifically targeting the crypto space, or are you still dealing with traditional payment processors?

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