Zen and withdrawal to crypto exchange

[lenovoadd]

I see they advertise withdrawal to crypto exchanges and Bybit even have integration for zen (there is a button for deposits via Zen ), but there was recently a thread here about Zen closing accounts for crypto transactions.

So is there any issue withdrawing from zen to crypto exchanges?

 

[Sols]

No problems moving six and seven figure sums to/from crypto exchanges with Zen, both business and personal accounts.

The era of Zen opening accounts easily is over, though. They are going to become stricter with onboarding and monitoring. Short term that might mean new difficulties for high risk startups to be approved, but that'll probably be relaxed again in the future.

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This is the probably the answer to your question.

 

[void]

Sols said:
The era of Zen opening accounts easily is over, though. They are going to become stricter with onboarding and monitoring. Short term that might mean new difficulties for high risk startups to be approved, but that'll probably be relaxed again in the future.
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got approved yesterday... took about 3 weeks (I think, didn't really matter), EU based company, it was rather thorough, they definitely paid personal attention to the process including checking the website and eshop, asking questions regarding the products

 

[void]

void said:
got approved yesterday... took about 3 weeks (I think, didn't really matter), EU based company, it was rather thorough, they definitely paid personal attention to the process including checking the website and eshop, asking questions regarding the products
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so for those who care.... it took 5 weeks actually, time flies - personal data, selfies, etc. from all directors and share holders required

 

[JohnnyDoe]

void said:
so for those who care.... it took 5 weeks actually, time flies - personal data, selfies, etc. from all directors and share holders required
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These days I also send blood tests.

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[void]

JohnnyDoe said:
These days I also send blood tests.
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stop joking.... one day I may also finally use all my covid vaccination certificates I collected over the years

 

[turmpy]

Zen is crap, it never went out for me well, they declined business that I got approved by Revolut, Wise, Currenxies, PostFinas in Switzerland and latest with N26 with a initial deposit of 150K with approval beforehand.