Cryptomus now requires KYC

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Some platforms are being considered, such as Binance, KuCoin and BitPay, which have low KYC requirements or have different usage conditions. BitPay is particularly convenient when it comes to merchant payments, while KuCoin and Binance offer some flexible options
 
All exchanges will have to follow this. This is because government is getting strict with this aspect.
 
that's normal in 2025 they have to do parentship with banks to provide their service and no bank will allow transfers without kyc right now
 
Speaking of cryptocurrency, does anyone have an idea of how to find their PI network account even if their Facebook is blocked? I would like to note that I had created my account only via Facebook.
 
I need help. I wanted to verify the KYC of Cryptomus. And it got bugged and it instantly rejected me without putting any document. The problem is that I have funds there. Does that mean I lost the money?
 
No other platforms can beat their percentage and the auto convert to USDT has been a game changer. Even though they require KYC I'm going to stick with them
 
Bloodseeker said:
I have been using Cryptomus to accept payments from my site and also as a personal wallet to accept payments from clients manually.

I chose it because it allows free cross-chain transfers. Exchanges have that feature as well but then you have to do KYC and deal with insane taxes, especially if you're from India (flat 30% with no deductions).

I checked today, and now Cryptomus requires KYC as well. Previously, they required it for P2P and trading only. I confirmed with my account manager, and now Cryptomus requires KYC for these things as well:
  • Receiving funds
  • Withdrawing funds
  • Creating a merchant
I mean, what's the point of this? We are just using their platform like a wallet basically. So disappointed with this change and I will have to start looking for alternatives.
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seems to have the hand of the government
 
Bloodseeker said:
I have been using Cryptomus to accept payments from my site and also as a personal wallet to accept payments from clients manually.

I chose it because it allows free cross-chain transfers. Exchanges have that feature as well but then you have to do KYC and deal with insane taxes, especially if you're from India (flat 30% with no deductions).

I checked today, and now Cryptomus requires KYC as well. Previously, they required it for P2P and trading only. I confirmed with my account manager, and now Cryptomus requires KYC for these things as well:
  • Receiving funds
  • Withdrawing funds
  • Creating a merchant
I mean, what's the point of this? We are just using their platform like a wallet basically. So disappointed with this change and I will have to start looking for alternatives.
Click to expand...
Are the cross chain transfers still free ?
 
Bloodseeker said:
I mean, what's the point of this? We are just using their platform like a wallet basically. So disappointed with this change and I will have to start looking for alternatives.
Click to expand...
You could use a non-custodial wallet, no KYC there. But if you get some hacked coins by accident, your address will be blacklisted by exchanges, and Tether will freeze your USDT. Then you'll have a hell of a time proving you didn't launder money for hackers. Cryptomus avoids all that, but you gotta do KYC.
 
BPName said:
https://www.blockonomics.co/
https://litepay.ch/
https://btcpayserver.org/

all 3 witout kyc and super
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are they reliable? What if theyre short term projects which could run away with your money.

artificials said:
Correct. What value those Kyc, paid gateways have over these self service ones?
Is there any reason to choose one or the other?
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Cryptomus has an AML bot which protects your wallet from any dirt crypto coming to your adress which may have a risk of blocking it.
 
Many platforms are implementing such measures to comply with global financial regulations and prevent illicit activities. While these changes can be inconvenient, it's important to ensure that the services you use adhere to legal standards.
 
Cryptomus says they sold their business to Heleket org which pretty much has 1:1 copy of the system and API, so I moved all my business there
 
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So basically they are becoming like any other random banks where you have to attach even grand fathers name as well. lol.

The concept of decentralization is leading to museum.
 
To me, Cryptomus appears shady, as it is neither licensed, nor regulated. Only perhaps some business registration in somewhere like Cayman Islands, etc means absolutely nothing in terms of safety and security.
 
TryToWin said:
To me, Cryptomus appears shady, as it is neither licensed, nor regulated. Only perhaps some business registration in somewhere like Cayman Islands, etc means absolutely nothing in terms of safety and security.
Click to expand...
I got scammed using Heleket for $200 USD. They blocked the payment citing "aml" and asking to prove funds origin. After providing the info, they are not releasing the funds nor returning it back, in the end deleted their Telegram chat. They have no company details in their website provided, and after mentioning this fact, they said "will provide in 1 week" and never did. It's not shady - it's a SCAM.

Read the most recent reviews: https://www.trustpilot.com/review/heleket.com
 
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