Shasnani

Hey! We're adding countries as we hear from users that have demand there — are you from Tunisia / would you like to see it supported? If so, please reach out at [email protected] and I'd love to chat

Hey -- thank you for this feedback. Honestly, a huge (and obvious) oversight on our part. Gonna fix this shortly.

Hey Rafay -- this is super thoughtful advice. Will reach out, would love to talk more about this.

Thanks!

Frankly, the order matching will be pretty simple at the beginning: Match buyer/seller payment methods, make sure buyer order ≥ seller's available amount, then pick lowest price option. We just have to query the escrow contract on chain to make sure the seller amount is available.

We're fully pursuing all KYC/AML/Sanctions restrictions. Couldn't operate as a US fintech company without doing this.

We're planning on enabling passkeys! Agreed that phone 2FA is not ideal, just the current setup.

Absolutely following all US Sanctions and AML policies (setting up more rigorous KYC, transaction screening, MTLs etc. as we speak). We're a US company and intend on doing this the right way.

Correct! There's certainly a lot of regulations to navigate, but we are strict about NEVER touching the fiat in any country; just connecting buyers and sellers.

User B is sending a peer-to-peer transaction, akin to a Zelle or Venmo. In most other countries, these peer-to-peer payments (PIX, UPI, etc.) do billions of transactions per month. And since you're sending your own funds, you're not a money transmitter. If we do work with any larger entities (e.g., an OTC desk, liquidity provider), we'd certainly be cognizant of the relevant licensing.

Thank you, we hope it does help a lot of people.

We use privy, one of the best-in-class wallet providers that basically creates a self-custody wallet, but uses email/phone/social auth (and encrypts/shards the actual keys). So you wouldn't be at risk of losing them like you would with a vanilla wallet (you can of course export the keys if you're more crypto-savvy)

We're doing a pretty slow and steady rollout to catch where users are running into issues, but it's a pretty controlled environment re: messing up. You could accidentally send money to the wrong address if you wanted to transfer to another wallet, but that's not a core functionality (located on a side page) and certainly not one that the average person is using. Outside of that, there isn't really anything else you could severely mess up.

Hahaha we've had this conversation internally a couple of times.

Definitely a few places that we'd probably avoid. But also plenty of others (e.g., Kenya, LatAm, Turkey, etc.) that have been quite friendly and would be fine to visit.

Hey, I'm going to add support for this immediately! I'd love to chat a bit more and hear about the situation there; do you mind reaching out with your contact to [email protected]?

You'd use our platform!

User A sends local currency to User B's fiat account.

User B sends stablecoins (earned via salary, trading, mining, etc.) to User A's digital wallet (that we've created for them).