FAQ

Looking for an answer? You'll find it here.

We built this FAQ to save you time. If your question is truly one-of-a-kind, you can reach us at info@whitecentre.com.

What is VASP?

VASP, a term used in EU regulation to define and oversee cryptocurrency-related activities, is being established to address concerns about money laundering, terrorist financing, and consumer protection. Key aspects include licensing, AML/KYC compliance, consumer protection, and adherence to the "travel rule."
Who needs the service?

Who needs the service? International companies struggling with USD payments: WHITECENTRE offers fast, compliant crypto transactions, a secure, regulated alternative, especially with upcoming MiCA compliance;
Fintech companies looking to offer crypto payouts;
Online platforms, e-commerce, and marketplaces;
Individuals and legal clients with permanent EU residency.
What about commission fees for the clients?

Just a simple 0.9% flat fee, that's it. No hidden extra costs.
What types of cryptocurrencies can I trade with WHITECENTRE?

WHITECENTRE can buy, sell, transfer, hold, and deposit any cryptocurrency that is legitimate in the EU and registered under the MiCA regulation. For example, we cannot trade the popular stablecoin USDT (Tether), as it is not currently registered under MiCA regulation.
What is the minimum transaction amount?

The minimum transaction amount is €5,000 or its equivalent in another currency.