• A peer-to-peer service is a platform that directly connects parties to a transaction without the third-party intermediary. 

• Peer-to-peer services can be cheaper but also entail a higher risk of fraud, price haggling, and non-responsive traders.

• The WhaleFin platform by Amber Group is a good alternative to P2P services for its security is certified by industry leaders, and it offers fast transactions and low fees. 

When it comes to swapping between fiat currency and digital assets, you may consider using P2P platforms to avoid creating an account on a centralized digital asset platform and everything it entails, including KYC. 

As the digital asset space has considerably matured and is much more regulated than before, it may be counterintuitive to go through the hassle (and risks) of swapping assets with unknown parties, while you could do it comfortably on a certified platform. 

On a US$100,000 transaction, you can save up to US$2,500 by using WhaleFin!

With WhaleFin, Amber's proprietary digital asset platform, it is now possible to swap between fiat USD and the digital assets of your choice in just a few taps. Amber’s services ensure fees that are significantly lower than the industry average, fast and secure transactions, and fee refunds for VIP clients.

Interested?

Contact us at [email protected]. Our VIP clients can contact the relevant Relationship Manager to take advantage of our special discount on fees and start enjoying the benefits of our fast, low-fee, and secure fiat on and off-ramp.

FAQ

I don’t have an account on Amber’s digital asset platform, WhaleFin. What should I do?

• First, download the app here. 

• Second, contact us at [email protected] to request an invite code to sign up on the platform. 

• Once you have received your invite code, register and submit your KYC identity verification information to activate your WhaleFin account. You can find a tutorial on how to submit KYC identity verification here. 

I have an account on WhaleFin, but I have not passed the KYC identity verification. What should I do?

• First, submit your KYC identity verification information to obtain a verified account. You can find a tutorial on how to submit KYC here. 

• Please note that it may take a few days for your account to get verified. 

• Once you have passed the KYC identity verification, you will be able to visit the [Wallet] page and [Deposit] or [Transfer] using your USD bank account.