Accredited investors meet standards defined by the US Securities and Exchange Commission which allow them to invest in certain private securities offerings. Most startups raising money do so from accredited investors only.

The SEC web site contains the full definition. In general, any of the following would meet the standard:

• Individuals with annual income over $200K (individually) or $300K (with spouse) over the last 2 years and an expectation of the same this year
• Individuals with net assets over $1 million, excluding the primary residence (unless more is owed on the mortgage than the residence is worth)
  
• An institution with over $5 million in assets, such as a venture fund or a trust
  
• An entity made up entirely of accredited investors

In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either

• Upload a screenshot from a credible cryptocurrency exchange or wallet showing holdings & valuations worth over $1MM USD. The screenshot should include the date and evidence tying the investor to the account (e.g. your name or the investing entity's name), or
• Upload a message cryptographically signed using the private key of your wallet or wallets, proving that you own assets worth over $1MM USD. 

Detailed instructions for preparing a signed message

1. Prepare the following message for signature:

I, <Signatory Name>, certify under penalty of perjury that <Investing Entity Name> is the sole owner of the cryptocurrency address associated with this message as of <Today's Date>.

Replace the angle brackets with your name, the name of the investing entity, and the date.

2a. Signing the message - ETH

For Ether, use MyEtherWallet's message signing tool

Paste the message into the text field.

Select your wallet provider. (In this example, we use MetaMask.)

Click 'Connect'. Then, click 'Sign Message' to sign and approve the transaction. (There is no cost.)

Here is an example signed message:

2b. Signing the message - BTC

For Bitcoin, most wallets implement the ability to sign a message with your Bitcoin address’ private key. See this tutorial about how to sign a messaging with a blockchain.info wallet. See here for Jaxx wallet.

3. Submitting

Create a document with the message you signed, address, and message signature (sample information provided below):

A. Message:

I, John Smith, certify under penalty of perjury that I am the sole owner of the cryptocurrency address associated with this message as of Dec. 13, 2017.

B. Address

1UsRE3sak3u7qNaQ8Y1X4UmQS93qruLMt

C. Signature

IEXlF8laYLp1ZdQbIxWcXvQdt7d/0TyKLqKMNoTdpqCXG7LLm6upe4wjl6q9ZAtHc4paw9LqP8CudBNyOEwt1mo=

You can upload this information via the CoinList sale registration process or email the information to our team at team@coinlist.co.

In the event that your funds are spread across multiple wallets, you will need to include a signed message from each address.

Also, remember to provide documentation of your debts (e.g. via a credit report or letter from your accountant).

Qualified purchasers as defined by the US Securities and Exchange Commission are individuals with at least $5M in investments or funds with at least $25M in investments.

Accreditation can take up to 72 hours, though it’s usually much faster. You can see the status of your accreditation application here.

Please contact team@coinlist.co with any accreditation specific inquiries.

All questions can be sent to team@coinlist.co.

In order to invest through CoinList, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to US and non-US residents. In general, you will need to provide a government-issued ID. 

You can learn more about KYC/AML here.

CoinList is where early adopters invest in and trade the best digital assets.

Token Sale Manager (formerly "ComplyAPI") empowers digital asset companies and networks to run a compliant token sale by providing tools to manage investors, meet compliance requirements, sign and distribute documents, and securely accept payments.

Interested non-US investors can invest on CoinList as long as they meet local laws regarding investment compliance. Please contact team@coinlist.co with any questions.

CoinList Markets, LLC is registered as a money services business with the Financial Crimes Enforcement Network (FinCEN), Registration Number 31000158383629. CoinList Markets, LLC is registered with the Nationwide Multistate Licensing System and Registry (NMLS), ID number 1785267. 

CoinList Services, LLC is a technology services company that assists with the compliant purchase and sale of tokens and is not a licensed entity.

CoinList Lend, LLC is a proprietary cryptocurrency lender and is not a licensed entity. 

EC Securities LLC is a FINRA and SEC registered broker-dealer CRD#: 287845/SEC#: 8-69913.

Wire transfers can take up to 1 business day. ACH transfers can take 3-7 business days.

Bitcoin transactions have hundreds to thousands of confirmations from their networks to confirm that they are real transactions. CoinList waits for 6 confirmations to consider the transaction - this can take anywhere from thirty minutes to twelve hours.

CoinList waits for 30 confirmations to consider an ETH or ERC-20 transaction final. Although typically this should only take about ~5 minutes,this can take anywhere from five minutes to four hours. You can see the number of confirmations in your CoinList wallet.

Yes. 

For withdrawals, you should re-confirm the withdrawal address on both your 3rd party exchange wallet and CoinList prior to submitting a withdrawal. Exchanges have various policies for crypto deposits, and the sending addresses don't always match the receiving addresses. We recommend you designate a return address for which you hold the private keys. CoinList is not responsible for transfers being appropriately credited to your account at a 3rd party exchange. 

No, your crypto return address cannot point to an online exchange. Your crypto return address must be tied to a wallet for which you hold the private keys. 

Note that you can, however, fund an investment using your online exchange wallet.

U.S. residents may deposit USD via ACH or wire. Simply click “deposit” from inside your USD wallet. In order to deposit via ACH you will have to link your bank account with Plaid. 

U.S. and foreign residents may deposit USD via wire. Simply click deposit from inside your USD wallet. 

U.S. and foreign residents may deposit via crypto. Simply click deposit from inside the appropriate crypto wallet. 

Please fill out our application form here and we'll get back to you.

You can invest with US dollars, Bitcoin, Ether, or USD-C. 

If your transfer comes in after today's registration deadline, we cannot guarantee your allocation since the token purchases are on a first-come first-serve basis. I apologize for any inconvenience that this may cause.

When you start the investment flow, we show you an estimated conversion rate from crypto. This price is not final and may not reflect the actual investment amount. Your final price is determined once the conversion is executed. For example, if you wait 30 minutes to send BTC after completing the investment flow, the price may have gone up or down in that time. Once we receive your crypto transaction, we will send an email confirmation specifying the price at which we converted your crypto into USD or USDC, the fees charged by CoinList Markets LLC as well as your final investment amount.

If you invested with USD or USDC, your investment amount will be the same amount as your investment less any applicable wire or network fees (not charged by CoinList).

If you invested with BTC or ETH, your final price and investment amount is determined once the conversion is executed and you receive a confirmation. Your final investment amount will be the converted amount of USD or USDC less the applicable fees. 

Your investment is not confirmed until after the payment is received and you complete all the required documentation.  

No - when you invest in a Token Sale on CoinList with crypto, we will automatically convert your crypto into the currencies that are being accepted by the issuer. Once you have transferred the crypto, you do not need to perform any further actions and will receive an email confirmation. If you do not wish to have CoinList Markets LLC convert your crypto you may convert your cryptocurrency elsewhere and use such converted currency instead.

• virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections;
• legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of virtual currency;
• transactions in virtual currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable;
• some virtual currency transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transaction;
• the value of virtual currency may be derived from the continued willingness of market participants to exchange fiat currency for virtual currency, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear;
• there is no assurance that a person who accepts a virtual currency as payment today will continue to do so in the future;
• the volatility and unpredictability of the price of virtual currency relative to fiat currency may result in significant loss over a short period of time;
• the nature of virtual currency may lead to an increased risk of fraud or cyber attack; 
• the nature of virtual currency means that any technological difficulties experienced by the licensee may prevent the access or use of a customer’s virtual currency; and
• any bond or trust account maintained by the licensee for the benefit of its customers may not be sufficient to cover all losses incurred by customers.

Foreign shell banks are non-U.S. banks without a physical presence in any country. A "foreign bank" is any bank organized under non-U.S. law or an agency, branch or office of a bank located outside the U.S. The term does not include an agent, agency, branch or office within the U.S. of a bank organized under foreign law.

A “private banking” account is an account (or any combination of accounts) that requires a minimum aggregate deposit of $1,000,000, is established for one or more individuals and is assigned to or administered or managed by, in whole or in part, an officer, employee or agent of a financial institution acting as a liaison between the financial institution and the direct or beneficial owner of the account.  

KYC stands for Know Your Customer and encompasses certain procedures that we employ to positively identify that you are, who you say you are. We use a number of tools to confirm your identity and ensure your eligibility for the CoinList services. This process can take between 0-3 business days for individuals, and for entities and trusts this can take up a week. 

You may be restricted from certain activities on the CoinList platform until you have completed identity verification. 

A foreign financial institution is: 

(1) a non-U.S. bank; 

(2) any branch or office located outside the United States of a broker-dealer; futures commission merchant or introducing broker; or open-end mutual fund company; 

(3) any other person organized under foreign law (other than a branch or office of such person in the United States) that, if it were located in the United States, would be a broker-dealer; futures commission merchant or introducing broker; or open-end mutual fund company; and 

(4) any person organized under foreign law (other than a branch or office of such person in the United States) that is engaged in the business of and is readily identifiable as: (a) a currency dealer or exchanger; or (b) a money transmitter.  

Subject to regulatory restrictions, anyone can use wallets, and anyone can buy and sell cryptocurrencies. There is no accreditation requirement. Users must complete KYC and identity verification. 

You can see a full list of supported jurisdictions here.

You can find the most up to date information on trading fees here.

Yes, you can find the most up to date minimum and maximum trade limits here https://coinlist.co/legal

 You can make a trade directly from CoinList Wallet or via the navigation window by clicking Trade. 

Once you see the trading screen. You will then be prompted to enter an amount of a specific cryptocurrency you wish to buy or sell. Once you have set the amount, you can preview the order. 

After selecting “preview order”, you will be presented with the price for your order. You will have 30 seconds to confirm the trade. If you do not confirm the trade within 30 seconds, you will be required to re-input your order. The price may change after the 30 second window. Once you confirm the order, the trade will be considered final and it will be executed, you will see the resulting balances in your applicable CoinList Wallets.

You can view currently supported assets on https://coinlist.co/legal

Yes, but these are not uniform across all assets, please see https://coinlist.co/legal for the most up to date information. 

Depending on when you signed up for CoinList, you may need to complete additional compliance in order to use wallets and trading. You can complete your registration at https://coinlist.co/wallets/new.  New users should automatically have access to wallets and trading, subject to additional jurisdiction restrictions. 

Overview

If you refer a friend to CoinList Trade and your friend visits coinlist.co/trade and initiates a buy or sell order (or aggregate orders) of $100 USD or more (or 100 USD equivalent of any cryptocurrency) before the end of the referral period, you each will receive a 0.0015 BTC (~$10 USD) deposited into your CoinList wallet as a referral bonus when the trade is completed. In addition you will each receive one referral ticket. You can receive multiple referrals and tickets during the period. 

At the end of the referral period, CoinList will randomly select one referral ticket from the pool of all referral tickets. An individual user may earn unlimited referral tickets during the period. The owner of the winning referral ticket will receive 1 BTC, which will be automatically deposited into his or her account. 

Eligibility 

In order to be eligible for the referral bonus, both users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions. Additionally: 

• Each user must sign up and complete KYC. 
• Each user must deposit and make a buy or sell order (or orders in aggregate) of $100 (or cryptocurrency equivalent) before the end of the period. 
• Only one entity per user is eligible. 

CoinList reserves the right to not award rewards for any reason at its sole discretion. 

Competition Period

The referral period will end on April 30th, 11:59:59 UTC. Any referrals made after this date will not credit either the referring user or their friend with either the referral bonus or the ticket. 

Reward Distribution

For each eligible referral, users will receive 0.0015 BTC, which shall be deposited into such user’s CoinList wallet subject to eligibility, on a periodic basis through the competition period. 

The owner of the winning ticket in the competition which shall take place on or after April 30th at 11:59:59 UTC will receive 1 BTC, subject to eligibility, which shall be deposited into such user’s CoinList wallet. 

The winner of the competition will be announced shortly following the end referral via email. The winner of the competition agrees to have their name used in additional CoinList marketing materials in association with this competition. 

Additional Terms & Conditions

You agree to be bound by these Rules and the CoinList Terms and Conditions by participating in the Referral Competition. CoinList Markets does not guarantee any payment pursuant to the Rules. There are a maximum of 4,000 referral bonuses (0.0015 BTC) available during the period, but users can earn unlimited referral tickets.  CoinList Markets reserves the right to change the Rules or cancel the Referral Competition at any time in its sole and absolute discretion.