There are two alternatives to sell cryptocurrencies from Mass.
KYC is required for both providers but not for other features in the app. If you choose not to complete KYC, all features will remain accessible except for buying or selling crypto for fiat.
We highly recommend Unblock as it offers significantly lower fees, segregated accounts for added security, and smoother internal checks from the receiving bank, since youโll be receiving funds from a bank account in your name rather than to a well-known crypto exchange entity, which banks often view unfavorably.
With Unblock, you can convert crypto to fiat (EUR/GBP) and send it directly to anyone: your bank account, your momโs, or a friendโs. The money doesnโt need to go to your account first to transfer it to someone else!
Available fiat currencies: ๐ช๐บ EUR, ๐ฌ๐ง GBP. ๐น๐ท TRY
Available cryptocurrencies: USDC.
Available networks: Arbitrum One, Base, Optimism, Polygon PoS.
Fees: max(0.5%, 1.5 EUR/GBP + 0.1%) - for GBP/EUR
Fees: Max(1%, 2 USD worth of TRY + 0.25%) - for TRY
Daily limits: no.
US residents aren't allowed.
Segregated accounts: yes.
Payment methods: SEPA, SEPA Instant, UK Fast Payment.
Swap any asset of your choice for fiat currencies and receive them directly in your personal bank account!
Most of the time, itโs cheaper to off-ramp GBP/EUR from Unblock via Mass to Revolut or any 0% forex fee bank. This way, you can get any currency from Unblock off-ramping with minimal fees!