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The limit could eventually go as high as $3000 per transaction for fully verified (KYCd) accounts. However, we have chosen to launch the feature with a per transaction limit of $999.99 which allows us to both comply with current regulations and not have to request KYC from anyone using this funding method .
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makes sense, do you think there is a feasible way to eliminate the current regulations in canada entirely?
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Unfortunately this is something we cannot control. Of course, we will always be the first to defend the privacy rights of Canadians, which we have always done with heart and dedication.
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love this feature.
what is the path towards getting the $1,000 limit removed?