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Coast Profile picture
Coast
@0xCoast
Building a self-custodial FIAT ON-RAMP for #Ethereum and #PulseChain… $WAIT Free-Claim and other cool things NOT YOUR KEYS, NOT YOUR COINS https://t.co/KR7q7OQBbQ
Apr 22, 2023 • 8 tweets • 3 min read
Our goal is to make it easy for economic energy to flow into $HEX and #PulseChain across the world 🌎
But let me explain the process. Image We are not a money transmitter, as we sit outside the flow of funds at all times (see below).
Apr 21, 2023 • 5 tweets • 1 min read
🚨FIAT ONRAMP UPDATE🚨
The platform fees will NOT apply when moving capital from on-chain back to your digital account. So you can de-risk/off-ramp with essentially zero fee. If you convert assets within your digital account (as we add assets able to be stored here) there will be a 0.1% trading fee.
Apr 21, 2023 • 6 tweets • 2 min read
A Note on KYC:
Financial institutions need to comply with KYC rules/regulations in order to operate. We believe in a future where traditional banking isn't required and #DeFi increases its reach. The reality is that we aren't in that position yet. When using our FIAT ONRAMP that can support large amounts of economic energy, you are creating a digital account with our banking partner, so you need to perform KYC. We just make it really easy.

(If you want to onramp $100 with no KYC, there are other products out there)
Apr 17, 2023 • 15 tweets • 6 min read
This is a thread of FAQs and info on the $WAIT free claim process. With #PulseChain getting close and our FIAT ONRAMP closer, we need to focus, so we will no longer be doing individual support for the free claimers. Be careful of DMs, it won't be us. Image Use !commands in our TG t.me/Coast0x there is plenty of information. And the entire $HEX community is very DeFi aware - use the knowledge of those around you.