Qryptos is a relatively new exchange that is owned by Quoine, which is based in Singapore. Its not a scam, its just new and has a wonky user interface that you have to set up. Basically, its not easy for beginner crpyto traders. I've only started to get use to how the platform works. I likely won't be using it a lot since I'm only buying the VZT token off there.
I started the process of getting verified as I want to eventually move my VZT token's off the site and into a wallet. I think that its pretty shady to allow anybody to deposit money into the exchange and then make them go through the process of getting verified to withdraw. That's not good business. They should make people get verified right away
To get verified, that make you submit a document of a goverment ID, which is something all exchanges do. On top of that, they make you also submit a bill that has your information on it. An example they give is a water bill. I find it a bit strange to do that and it does seem excess to give an weird exchange all that information. But I did it.
I'm still in pending process, but I only submitted my documents a day ago. If I don't hear back within 5 business days, I will contact their support team. I'll keep you updated!
How long has it taken you to get approved on QRYPTOS?
