Fast Track: simplified crypto purchases with Mercuryo

Mercuryo’s Fast Track feature is designed to streamline the crypto purchasing process for new users, allowing quick transactions without the need for complete ‘Know Your Customer’ (KYC) verification up to a cumulative limit of €700. 

How Fast Track works:

Fast Track is available to users who have not yet completed KYC and whose total purchases and sales remain below €700. 

Please note that U.S. users are not eligible for this feature.

Here’s how the user journey for Fast Track works:

1. For purchases below the €700 limit, users can select Fast Track at checkout.
2. If the option does not appear, it means the user has exceeded the cumulative limit or already completed KYC.
3. During checkout, users will be prompted to enter personal data for transaction processing.

The Fast Track service carries a dynamic fee, averaging around 2%. The exact fee and exchange rate are displayed transparently on the checkout screen so users can review the final cost before confirming their transaction.

Why use Fast Track?

• Speed: skip the full KYC process for quick, low-limit crypto buys.
• Transparent fees: see the total cost and rate difference at checkout.
• Promote growth: this feature helps more users experience crypto purchases and increases the number of users who eventually complete full KYC.

For more details or if you have questions about your eligibility, please reach out to your account manager.