Maximum transaction limit is 5000 francs.
MyEtherWallet crypto wallet users can exchange their digital assets to fiat without verification due to cooperation with Bity service. This feature complies with anti-money laundering Swiss law, maximum transaction limit is 5000 francs.
Crypto-fiat exchange services are available for users who has banking accounts and international banking account number (IBAN) all over the world, reports Ttrcoin.
It is needed to press “Exchange” folder in to MyEtherWallet interface menu withdraw the funds via Bity as a service supplier. At the last stage, the user will have a enter details of banking account and the billing address.
MyEtherWallet claims that it doesn’t store the information and transfers it to Bity to comply with the laws. |