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What solution do you use for institutional/company off-ramp?

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by COINS NEWS 80 Views

Hi everyone! Wanted to share my experience related to signing up my company to take crypto as a payment.
Basically we have a web2 & web3 consultancy company. Revenue in the 6 figures per year, so we decided to provide our customers with possibility to cover via crypto payments (stables, btc, eth).

For the past 4 weeks, we've tried signing up our company to a cex (centralized exchange) so that we can "cash out" any crypto to FIAT whenever needed to pay bills etc.

We've tried all major ones such as: Binance, ByBit, Kraken, etc. and 1 month later nobody has approved our KYB request or our account. We've even opened support tickets to ask for updates, only to receive no updates.

What solutions do you use for off-ramp?

submitted by /u/merryfasos
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