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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:
In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either
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.
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:
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.
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).
Domestic Wire transfers can take up to 1-2 business days.
International Wire transfers can take up to 5-7 business days.
Normal ACH transfers can take up to 3-7 business days.
Instant ACH transfers are credited same day, but the debit may not be reflected in your bank account for up to 1-2 business days.
There are limits to the maximum amount you can fund your account via ACH. Please see coinlist.co/legal for the most up to date information.
Update - June 15, 2020
Referral Tickets will continue to be awarded until 10,000 tickets have been distributed per the eligibility of CoinList's Referral Program.
Overview - Referral Tickets
If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade within 90 days of signing up, you and your friend each receive one referral ticket. You can receive multiple tickets during the period. The competition ends once 10,000 referral tickets are distributed.
After 10,000 tickets are distributed, 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 tickets, both users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions. Additionally:
CoinList reserves the right to not award rewards for any reason at its sole discretion.
Competition Period
The competition period will end after 10,000 referral tickets have been distributed. 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
The winning ticket from the competition will be selected at random from the pool of 10,000 referral tickets following the close of the Competition Period. The owner of the winning ticket in the competition 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. 10,000 referral tickets are available during the period. CoinList Markets reserves the right to change the Rules or cancel the Referral Competition at any time in its sole and absolute discretion.
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 U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image.
You can learn more about KYC/AML here.
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:
In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either
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.
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:
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.
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).
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 U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image.
You can learn more about KYC/AML here.
All questions can be sent to team@coinlist.co.
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.
Your SSN is required under our KYC/AML policy, a process set by our banking provider. We verify US investor's social security number and birthdate against credit records then verify the investment signatory against OFAC and similar databases to flag prohibited or high risk persons and entities.
In order to accredit your company entity with CoinList, you need to meet any of these following SEC requirements:
In order to accredit a trust, you need to provide documents showing the trust's asset amount is over $5m. You can have your attorney or CPA write a letter attesting to this. Here is a set of templates that can be signed by them.
If you are providing evidence of your accreditation on the basis of having over $1 million in net assets, the company you are investing in is required to verify your debts in order to confirm that your net assets are greater than $1M. CoinList requests this credit report and includes only total debts (excluding mortgages) when verifying your accredited investor status.
Documents you upload as evidence of accreditation are kept private and are only used to assess your accreditation status. Our team of licensed attorneys and CPA's review these documents to ensure that the relevant accredited investor thresholds are met.
Non-US investors can invest and trade on CoinList as long as they meet local laws regarding investment compliance. Please visit coinlist.co/legal for more information and 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.
Domestic Wire transfers can take up to 1-2 business days.
International Wire transfers can take up to 5-7 business days.
Normal ACH transfers can take up to 3-7 business days.
Instant ACH transfers are credited same day, but the debit may not be reflected in your bank account for up to 1-2 business days.
There are limits to the maximum amount you can fund your account via ACH. Please see coinlist.co/legal for the most up to date information.
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.
Other than as set forth below, CoinList does not charge fees associated with withdrawing or depositing crypto. However, the applicable network may charge transfer fees, which are not paid to CoinList or the custodian.
CoinList Markets does not charge for ACH transfers or crypto transfers.
CoinList charges $10 per outgoing U.S. wire and $30 per outgoing foreign wire.
CoinList does not charge for incoming wires.
If an incoming wire cannot be matched to your name, we will not attempt to return the wire if the amount is less than $10 for US bank accounts or $30 international bank accounts. Please contact customer support, if you believe a wire has not been properly credited to your account.
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.
In general, a wallet is a program that enables users to send and receive digital currency and track their balances and transactions. They also store important security information: your public and private keys. There are several types of wallets: Hardware, Software, and Online. Hardware wallets store a user's private keys on a hardware device like a USB. Trezor and Ledger are popular hardware wallet brands. Software wallets run as an app on your phone or desktop. Online wallets run in the cloud and are accessible from any computer or smartphone in any location.
CoinList offers online wallets.
We also use the term "wallet" to describe your U.S. dollar account.
You can withdraw your CELO from CoinList at any time. You can initiate a withdraw by:
If you are withdrawing your CELO to Bittrex, please note the following:
If you are withdrawing your CELO to OKCoin, please note the following:
At this time, the following custodians/exchanges are able to accept deposits directly from your CoinList wallet
Update - June 15, 2020
Referral Tickets will continue to be awarded until 10,000 tickets have been distributed per the eligibility of CoinList's Referral Program.
Overview - Referral Tickets
If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade within 90 days of signing up, you and your friend each receive one referral ticket. You can receive multiple tickets during the period. The competition ends once 10,000 referral tickets are distributed.
After 10,000 tickets are distributed, 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 tickets, both users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions. Additionally:
CoinList reserves the right to not award rewards for any reason at its sole discretion.
Competition Period
The competition period will end after 10,000 referral tickets have been distributed. 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
The winning ticket from the competition will be selected at random from the pool of 10,000 referral tickets following the close of the Competition Period. The owner of the winning ticket in the competition 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. 10,000 referral tickets are available during the period. CoinList Markets reserves the right to change the Rules or cancel the Referral Competition at any time in its sole and absolute discretion.
(Updated June 30th, 2020)
CoinList Referral Program
If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade within 90 days of signing up, you and your friend may be eligible to receive ~$10 of BTC deposited into each of your CoinList Wallets.
There are 2000 rewards available for all users each month. You may see the remaining rewards for the current month at coinlist.co/rewards. Rewards will be distributed on a first-come, first-serve basis. If there are no more remaining rewards for the month and you make a successful referral, you will not receive a referral reward in that month or any other.
If you make a successful referral, your referral reward will be delivered to your wallet approximately 4 days after the transaction. The amount of BTC will be calculated at the market price of BTC at the time of distribution.
Eligibility
In order to be eligible for the referral bonus, both users must be in one of CoinList Market's approved jurisdictions. In addition, new user accounts from Bangladesh, India, Indonesia, Philippines, Nigeria, Russia, Uzbekistan, Thailand, and Vietnam are ineligible. Please see coinlist.co/legal for more details on approved jurisdictions.
Additionally:
Period
There are 2000 rewards available for all users each month. You may see the remaining rewards for the current month at coinlist.co/rewards. The program has no scheduled end-date. CoinList retains the right to end or modify the rewards program at any time.
Reward Distribution
For each eligible referral, CoinList will distribute $10 of BTC, which shall be deposited into such user’s CoinList wallet subject to eligibility. Rewards will be distributed approximately 4 days after an eligible referral.
The amount of BTC will be calculated at the market price of BTC at the time of distribution. It may not equal exactly $10 due to market price fluctuations.
There are 2000 rewards available for all users each month. Rewards will be distributed on a first-come, first-serve basis. If there are no more remaining rewards for the month and you make a successful referral, you will not receive a referral reward in that month or any other.
Additional Terms & Conditions
You agree to be bound by these Rules and the CoinList Terms and Conditions, found here, by participating in the Referral Program. CoinList Markets does not guarantee any payment pursuant to the Rules. CoinList Markets reserves the right to change the Rules or cancel the Referral Program at any time in its sole and absolute discretion. CoinList Markets also reserve the right to render a user ineligible for participation in this referral program should it hold, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.
Overview
If you complete specific tasks, you be may be eligible to receive OXT rewards deposited into your CoinList Wallet. The initial task will include learning about Orchid and OXT by watching a video and answering 5 questions about the content. If you successfully complete the task, you will be eligible to receive $5 in OXT. Additional tasks will be released at later date that will allow you to earn up to $50 in OXT across all tasks.
Eligibility
In order to be eligible for the Orchid Rewards users must be in one of CoinList Market's approved jurisdictions. Users from the following jurisdiction will not be eligible for rewards: Bangladesh, India, Indonesia, Philippines, Nigeria, Russia, Uzbekistan, Thailand, and Vietnam. Please see coinlist.co/legal for more details on approved jurisdictions.
Additionally:
Reward Distribution
For each eligible user, CoinList will distribute OXT, which shall be deposited into such user’s CoinList wallet subject to eligibility within 4 business days after successfully completing the task. The amount of OXT will be calculated at the market price of OXT at the time of distribution in the amount designated for that task.
Additional Terms & Conditions
You agree to be bound by these Rules and the CoinList Terms and Conditions, found here, by participating in CoinList Rewards. CoinList Markets does not guarantee any payment pursuant to the Rules. CoinList Markets reserves the right to change the Rules or Rewards Program at any time at any time in its sole and absolute discretion. CoinList Markets also reserves the right to render a user ineligible for participation in this referral program should it determine, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.
CELO is the native utility token for the Celo blockchain. Instead of using miners and a Proof-of-Work (PoW) consensus mechanism to verify transactions and maintain the integrity of the Celo blockchain, Celo uses a Proof-of-Stake consensus mechanism. This means that network participants are able to stake a certain amount of CELO for the right to honestly verify transactions on Celo and receive rewards for doing so. Additionally, CELO owners are able to lock their tokens and vote for these network participants, known as validators. CELO holders that lock and vote their tokens receive additional CELO as a reward for voting for honest and active validators on the network. CoinList manages the locking and voting for users who deposit CELO into their CoinList wallet so they can passively receive additional CELO.
Once per month, CoinList will distribute rewards to users pro-rata of their average holdings over the month. We will notify you via email once your rewards have been distributed into your CoinList wallet.
When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet.
Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards on CoinList at any time by sending us an email at team@coinlist.co
The Celo network currently has an estimated 6% annual rate of return for users that are locking and voting their CELO. Please note that this estimated 6% is subject to change and does not take into the 10% CoinList commission fee.
No. Users who have procured their CELO from other means or trading venues are able to deposit their CELO into their CoinList wallet and start passively receiving staking rewards.
Anyone who is able to open up a wallet on CoinList and deposits CELO into their account is eligible for CELO staking rewards on CoinList. CoinList wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions.
Once your CELO staking rewards are distributed into your CoinList wallet, you will be able to withdraw and/or trade your CELO. Please note that if your CELO is being staked on CoinList then we will have to initiate the unlocking of your CELO from the Celo network. Unlocking requires 3 days, a timeframe set by the Celo network.
CELO staking rewards on CoinList are paid out in CELO. This means you will passively accrue additional CELO by keeping your CELO in your CoinList wallet.
You will automatically receive staking rewards by holding CELO in your CoinList Wallet. If you would like to opt-out of CELO staking rewards, please email team@coinlist.co.
You will automatically receive staking rewards by holding CELO in your CoinList Wallet.
If you would like to opt-out of CELO staking rewards, please email team@coinlist.co.
When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet.
Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards on CoinList at any time by sending us an email at team@coinlist.co
Some crypto networks, like Bitcoin, use a Proof of Work (PoW) consensus mechanism where miners validate transactions by solving difficult math problems, other networks use a consensus mechanism known as Proof of Stake (PoS). In PoW networks, miners maintain consensus and secure the network, while PoS networks rely on participants known as validators to perform the same work.
Validators confirm transactions and maintain consensus on the network to maintain the integrity and security of the blockchain they’re validating. To ensure that validators are acting honestly, PoS networks require validators to stake a minimum amount of tokens native to that network. This stake can be aggregated from many users, not just the validator, and essentially acts as a security deposit – if a validator is confirming invalid transactions, then validators will lose part of the capital they staked. As compensation for their work and for the opportunity cost of capital, validators earn network rewards for their work. These rewards can be shared among their community for users who have provided additional stake.
Most PoS networks have different and unique consensus mechanisms and economic models. We recommend conducting your own research on each network before participating in any staking program.
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.
Please fill out our application form here and we'll get back to you.
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.
We display an estimated price as you are going through the investment flow [read more]. If you deposit crypto into your CoinList wallet immediately after finishing this step, it will likely be close to the actual conversion rate. However, we cannot guarantee this - conversion rates are determined by the market and can change quickly.
Once we receive crypto, we will initiate the conversion and our liquidity partners provide a conversion price. CoinList selects the best price from among the offers. This is the price you will receive.
By using the conversion services, you are agreeing in advance to the final price determined by CoinList. If you would like to control the conversion price, please convert any crypto to USD or USDC prior to initiating the investment.
All investments done via CoinList are denominated in USD, and so regardless of whether someone pays with crypto or USD, we will denominate your investment in USD (or USDC). You can read about how we determine a conversion rate at https://coinlist.co/help/how-is-the-price-determined.
In many cases, issuers want to allow investors to participate with crypto but do not want to hold crypto on their balance sheets. In those cases, CoinList will convert your investment into USD (or another cryptocurrency that the issuer wants to hold).
You can find the most up to date information on trading fees here.
To unwrap WBTC into BTC, you first need to have WBTC in your CoinList wallet. Once your wallet is funded with WBTC:
WBTC will be debited from your WBTC wallet and you will receive BTC in your BTC wallet.
Please note that you will have two different wallets. You will not receive BTC in your WBTC wallet.
Yes, you can find the most up to date minimum and maximum trade limits here https://coinlist.co/legal
Wrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 by Bitcoin and held at Bitgo Trust, and the underlying holdings are verifiable here. WBTC brings the liquidity of Bitcoin to the Ethereum ecosystem.
Users can wrap and unwrap BTC seamlessly via their CoinList wallet.
When you're logged in, click on Trade in the left navigation.
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.
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.
To obtain WBTC, you first need to have BTC in your CoinList wallet. You can either directly deposit BTC in your wallet or you can buy BTC through CoinList. Once your wallet is funded with BTC:
BTC will be debited from your BTC wallet and you will receive WBTC in your WBTC wallet.
Please note that you will have two different wallets. You will not receive WBTC into your BTC wallet.
A CoinList affiliate manages its own pool of BTC and WBTC, so the process is usually immediate. When demand is high, it is possible that the pool temporarily runs out of BTC or WBTC. If that is the case, the wrapping or unwrapping service will pause until the pool is replenished. This situation is usually addressed within twenty-four (24) hours.