[ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway

[ParRus]

I see today in most of the topics the disagreement about KYC in the projects, many opinions are understandable, after all, anonymity has always been the center point of the crypto world, but looking at the side of those who execute your project, probable legal implications in the future lead us to a better understanding of this need

Yeah, nobody is happy about KYC but probably it is one of many other requirements for European exchanges to get a license .

but will the KYC requirement be global or only in markets that require it?

Most likely, KYC will be need for whose, who want lifting of the limit on withdrawal. Local KYC for certain tokens, I don't think that this is possible - it is very difficult.

[bitcoin-shark]

I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.

KYC for participiate in ICO or KYC for trading on their future exchange? KYC for token sale needed almost every project nowdays. But for trading is nt a good idea. For example COSS needed KYC and they are not a popular, as a lot of exchanges without KYC and people want not pass KYC.

I think for trading as well because otherwise the authorities think the exchange wil be used for money laundering.

so will the kyc procedure be required but for both to invest in the ico and to be able to use the future exchange? in any case i do not like kyc at all, there are other important exchanges that do not require it at all, binance for classic exchanges, forkdelta decentralized ok are not hybrids and have no fiat but the competition i think will be very high...

[Token Williams]

HOw will fiat be enabled on Ternion? Creditcard, wire transfers?

[Amelie Poulain]

HOw will fiat be enabled on Ternion? Creditcard, wire transfers?

I found at their WP next:

Investors can easily and safely benefit  from the cryptocurrency market due to the  infrastructure provided by Ternion. The Ternion Exchange is regulated and licensed  by an EU authority. It will undergo yearly  audits for the purposes of transparency and  it offers segregated customer accounts for all  investors. It offers constant and high-quality 24/7 support and a possibility to do wire transfers.

In addition, there you can find information about fee's for next cards: Mastercard, Visa, American Express.

[aveon]

HOw will fiat be enabled on Ternion? Creditcard, wire transfers?

I found at their WP next:

Investors can easily and safely benefit  from the cryptocurrency market due to the  infrastructure provided by Ternion. The Ternion Exchange is regulated and licensed  by an EU authority. It will undergo yearly  audits for the purposes of transparency and  it offers segregated customer accounts for all  investors. It offers constant and high-quality 24/7 support and a possibility to do wire transfers.

In addition, there you can find information about fee's for next cards: Mastercard, Visa, American Express.

Great plans, but for such infrastructure, they have to collect big money. They are going to act online and offline, and this needs more money than usual.

[masterman]

Okay, so we have an interesting case here. A decentralized exchange with fiat withdrawal and KYC/AML. Benefits of a decentralized exchange are typically not having KYC/AML and transparency of transactions. Can you really call it decentralized when it depends on KYC/AML and an interconnection with a centralized exchange?

Hi, Ternion is a centralized exchange which will later on become a hybrid one.

[masterman]

HOw will fiat be enabled on Ternion? Creditcard, wire transfers?

We are working on international wire transfers, and we will have them implemented soon. Credit card withdrawals will be also available soon. You can get your fiat to visa or MasterCard.

[masterman]

You say FIAT to Crypto but the question is will you guys support only USD or other FIAT currencies also?

We will support major fiat currencies like EUR as well.

[masterman]

Is the exchange only available in Q3 of 2019? Before that date will any beta or test be available? Should all investors go through KYC?

The demo version of the exchange is available on our website. The beta version will be launched very soon. If you are planning to buy tokens or trade with more than 1000EUR then you need to pass KYC.

[masterman]

I see today in most of the topics the disagreement about KYC in the projects, many opinions are understandable, after all, anonymity has always been the center point of the crypto world, but looking at the side of those who execute your project, probable legal implications in the future lead us to a better understanding of this need

Yeah, nobody is happy about KYC but probably it is one of many other requirements for European exchanges to get a license .

but will the KYC requirement be global or only in markets that require it?

No matter the country, if you are purchasing the tokens and/or you going to trade with more than 1000EUR then you are required to pass KYC.

[lvsca]

Great plans, but for such infrastructure, they have to collect big money. They are going to act online and offline, and this needs more money than usual.

yes, working offline will need more budget, but it will bring more benefits. and token will have more value if they work offline to.

[CaVO32]

Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?

some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange???

[zgrdyg]

Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?

some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange???

Demo exchange is in their website, and the beta version will be coming soon, there is a limit for kyc in Ternion too, 1000 Euro or equivalent amount.

[omwibya]

Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?

some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange???

Demo exchange is in their website, and the beta version will be coming soon, there is a limit for kyc in Ternion too, 1000 Euro or equivalent amount.

is that limit total or per transaction? that's an important distinction.

[king_of_alts]

Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?

some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange???

Demo exchange is in their website, and the beta version will be coming soon, there is a limit for kyc in Ternion too, 1000 Euro or equivalent amount.

is that limit total or per transaction? that's an important distinction.

So if you want to transfer less than 1000 Euro you don't have to go through KYC?

[beeelzebub]

Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?

some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange???

Demo exchange is in their website, and the beta version will be coming soon, there is a limit for kyc in Ternion too, 1000 Euro or equivalent amount.

I really love projects with something to Show on ico phase. Beta is a great example about that.

[traveler007]

HOw will fiat be enabled on Ternion? Creditcard, wire transfers?

I found at their WP next:

Investors can easily and safely benefit  from the cryptocurrency market due to the  infrastructure provided by Ternion. The Ternion Exchange is regulated and licensed  by an EU authority. It will undergo yearly  audits for the purposes of transparency and  it offers segregated customer accounts for all  investors. It offers constant and high-quality 24/7 support and a possibility to do wire transfers.

In addition, there you can find information about fee's for next cards: Mastercard, Visa, American Express.

Where their exchange registered and team office located? In which country? And in which country they got lecense and where I can see this license?

[beeelzebub]

HOw will fiat be enabled on Ternion? Creditcard, wire transfers?

I found at their WP next:

Investors can easily and safely benefit  from the cryptocurrency market due to the  infrastructure provided by Ternion. The Ternion Exchange is regulated and licensed  by an EU authority. It will undergo yearly  audits for the purposes of transparency and  it offers segregated customer accounts for all  investors. It offers constant and high-quality 24/7 support and a possibility to do wire transfers.

In addition, there you can find information about fee's for next cards: Mastercard, Visa, American Express.

Where their exchange registered and team office located? In which country? And in which country they got lecense and where I can see this license?

Here are their licences:
https://mtr.mkm.ee/taotluse_tulemus/487909
https://mtr.mkm.ee/taotluse_tulemus/487917#__ldandmed

And they are from Estonia it seems.

[king_of_alts]

Here are their licences:
https://mtr.mkm.ee/taotluse_tulemus/487909
https://mtr.mkm.ee/taotluse_tulemus/487917#__ldandmed

And they are from Estonia it seems.

Estonia has a reputation of being a front runner in Internet related business and it seems this is justified.

[traveler007]

I found at their WP next:

Investors can easily and safely benefit  from the cryptocurrency market due to the  infrastructure provided by Ternion. The Ternion Exchange is regulated and licensed  by an EU authority. It will undergo yearly  audits for the purposes of transparency and  it offers segregated customer accounts for all  investors. It offers constant and high-quality 24/7 support and a possibility to do wire transfers.

In addition, there you can find information about fee's for next cards: Mastercard, Visa, American Express.

Where their exchange registered and team office located? In which country? And in which country they got lecense and where I can see this license?

Here are their licences:
https://mtr.mkm.ee/taotluse_tulemus/487909
https://mtr.mkm.ee/taotluse_tulemus/487917#__ldandmed

And they are from Estonia it seems.

Thank you. It seems so as their lisence in Estonia and their CEO and few other team member from Estonia as well. But some other part of team from Cyprus as well...