Best Limits and Easier KYC Processing: Login using your mobile device for the best limits and to use your phone camera to complete the KYC process.
Approval Rates: US Customers can expect a ~50% approval rate due to individual bank rules around buying crypto.
My Limits: To see your limits, log in with your email, click on the hamburger menu on the top right on the widget, and select My Limits.
Debit Cards Preferred: User's experience higher approval rates when using a debit card.
Bank Compatibility: Approval of your transaction could depend on your bank's policies and not on your balance or the transaction amount. For detailed information, please contact your card provider.
Credit Card Purchases: Thinking of using a credit card? Be aware that these transactions are typically treated as cash advances, which might have different limits compared to your regular credit card transactions. For detailed information, please contact your card provider.
Know Your Customer (KYC) Required for Larger Transactions: KYC verification may be required. With a higher level of KYC (Level 2), purchases can be made up to $3,000 per transaction. For USD transactions, limits are $5,000 per day and $25,000 monthly. Non-USD currencies, limits are $15,000 per day and $50,000 per month.
Digital Assets and Custody are provided by Fortress Trust LLC and Ibanera LLC. Fortress Trust and Ibanera LLC are not insured depository institutions or banks. Digital assets are not legal tender, are not insured by the Federal Deposit Insurance Corporation (“FDIC”), and are not subject to protections afforded to bank deposits. Digital assets are subject to extreme price volatility and may lose value. Digital assets held in your digital asset account (i.e. rewards wallet or trade wallet) are not insured by any governmental entities, including but not limited to FDIC. As with any asset, the value of digital assets can go up or down and there can be substantial risk that you lose money buying, selling, or holding, in digital assets. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. No bank guarantee and may lose value.
Switch Nodes and the Switch Blockchain are governed by a Distributed Governance Framework, which is distinct from and not controlled by Switch Reward Card DAO LLC (Switch Reward Card). Any value derived from Switch Nodes and Switch Rewards is likely to be uncorrelated with the success or failure of Switch Reward Card.
Switch Reward Card does not sell digital rewards. The Switch Blockchain, which is governed by Switch Node owners, self-governs the distribution of Switch Rewards. Switch Rewards are earned in exchange for work and action on the Switch platform. Switch Rewards are digital rewards designed to have utility on the Switch platform for the purchase of Switch’s products and services. Switch Rewards is not an investment product and may never have any value outside of the Switch platform. Switch Node owners should not expect to recognize any value from Switch Rewards other than its utility on the Switch platform. Switch Reward Card does not anticipate correlation between Switch Rewards’ value and Switch Reward Card’s business activities.
SWITCH REWARD CARD RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF SWITCH SERVICES IN CERTAIN COUNTRIES OR REGIONS.