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ShapeShift partners with Banxa to process debit and credit card transactions. This allows you to buy BTC directly with USD, and the BTC is delivered directly to
by tigereyeTO 6y ago
ShapeShift partners with Banxa to process debit and credit card transactions.
This allows you to buy BTC directly with USD, and the BTC is delivered directly to your own wallet with keys that are in your control.
Note that Banxa performs their own KYC for their own MSB services.
Once you have some crypto, you can then trade it for other crypto with a few taps on your smartphone, or clicks in your browser.
Search your smartphone's app store for ShapeShift and give it a whirl yourself :)
- mbesto 6y ago> Note that Banxa performs their own KYC for their own MSB services. Ok and so does Coinbase. So at any point I, an American citizen, must do some level of KYC. Is the idea that I can simply buy Crypto from another exchange and then send the hash to another wallet on your platform (where KYC isn't performed)? > Search your smartphone's app store for ShapeShift and give it a whirl yourself :) No offense, but I won't. It's hard for me to trust a wallet that clearly (or technically unclearly) is operating in a grey area of the law.