It's soft KYC in the form of a phone number in order to identify users. The custodial part of the app needs a way of identifying users and phone number is a simple one.

The non-custodial side won't need that, and we're aware that sim swapping is a thing so we'll probably be requiring 2FA or some additional layer of security above certain threshold.

Thank you!

Thanks!

Thank you for your interest and willingness to help! The on-ramp functionality, while available, is not the core aspect of our application. At this stage, we're primarily focused on gathering feedback on the overall user experience, so the location is really not that important.

The only specific requirement for participation in our beta testing is that testers must have access to a device running iOS 16.4 or later. If this aligns with your current setup, we would be thrilled to have you join our beta testing group and share your insights.

Because for the custodial side we need a way to identify users. The non-custodial part of the app is not ready, but you won't be required to give any personal info if you just use it.

We're not launched yet, the app is not ready. But we're willing to give out some sats to serious testers as an appreciation for their time, so we have to limit it at this time.

Oh, the app is actually fully lightning-capable, it's the on-ramp partners we have that for the moment, only work with on-chain txs. However, you don't have to buy Bitcoin through the app to use it. We've also just found an on-ramp partner that works with Lightning, which is great. Regarding the platforms, we aim to target Android as well. And the KYC is just a phone number for the custodial side, when the non-custodial side is introduced you should not be required to give us a phone number.

Thanks! We're a new wallet aiming to combine custodial and non-custodial experiences, along with other features like a fiat balance and on-ramps. We're currently looking for beta testers, so if you have some spare time and would like to earn some sats reach out to us!