🔎 What’s the biggest pain point in your first crypto transaction with a new counterparty?
The first transaction between crypto institutions often comes with unexpected hurdles — security checks, compliance barriers, and operational inefficiencies. Vote below and share your experience!
1. Address Verification & Security Risks – Ensuring wallet addresses are correct and secure
2. Trial Transaction Before Whitelisting – Small test transfers required, making the process tedious
3. Regulatory & Compliance Checks – KYT, AML, and other legal requirements
4. Changing Wallet Addresses – Partner updates their address after whitelisting, requiring another test transfer
Drop a comment if you’ve faced other challenges!
#Cybersecurity #Crypto #fintech