Why do I have to go through a thorough onboarding process?
All individuals and entities who wish to purchase IDON and utilize the Idoneus Platform, must successfully complete Swiss AML (Anti Money Laundering) and KYC (Know Your Customer) compliance protocols. These measures are to ensure that Idoneus and all of its token holders are compliant with governmental oversight requirements and will promote the long-term stability of […]
How do I become a verified user on the Idoneus Platform?
How do I become a verified user on the Idoneus Platform? In order to become a verified user, an individual or legal entity must successfully complete the Swiss KYC/AML process. For more information about the onboarding process, please check here.
What happens if I lose access to my digital wallet that holds IDON?
What happens if I lose access to my digital wallet that holds IDON? When a user loses access to his/her digital wallet (password, seed phrase, etc), it has the effect of removing currency out of circulation. Lost IDON still remains in the blockchain just like any other digital currency. However, lost IDON will remain dormant […]
Why do I need ETH in my wallet, and where can I purchase some?
Warning This article is only relevant to non-upgraded IDON tokens on the Ethereum Blockchain. Upgraded IDON tokens are on the Polygon Blockchain and require POL to pay for gas fees. See instructions here. × Dismiss this alert. As IDON is an ERC20 token on the Ethereum blockchain, it is necessary to pay gas fees for […]
How do I safely store and use my IDON Tokens?
The following suggestions not only relate to safely storing and using IDON Tokens, but also to cryptocurrency in general. While the information below will likely be common knowledge to individuals who have previously bought and sold cryptocurrencies, we realize that for some IDON Token Holders, this will be the first time they have owned cryptocurrency […]
Can I convert IDON to other cryptocurrencies (BTC, ETH, etc)?
IDON is currently not listed on public crypto exchanges / trading platforms. However, this might change in the future. Please sign up to our newsletter to stay informed about developments like this. The business model of Idoneus is build around the usage of IDON within the Idoneus Economy, not to convert it directly to cash. Please refer […]
Can I convert IDON into fiat currency (Euro, US Dollar, or AED for example)?
IDON is currently not listed on public crypto exchanges / trading platforms. However, this might change in the future. Please sign up to our newsletter to stay informed about developments like this. The business model of Idoneus is build around the usage of IDON within the Idoneus Economy, not to convert it directly to cash. […]
I am a citizen or resident of the United States of America. Can I purchase IDON?
Due to regulatory restrictions set by the SEC, we can currently not sell IDON to everyone Only US persons who are accredited investors (also called qualified investors) may purchase IDON tokens at this time. An accredited investor is an individual or entity which meets one of the following requirements: Has a net worth exceeding $1 […]
Are there any restrictions regarding who can purchase IDON?
Yes. Anyone who wishes to purchase IDON, and utilize IDON on the Idoneus Platform, must successfully complete Swiss AML (Anti Money Laundering) / KYC (Know Your Customer) protocols.
How does Idoneus comply with regulatory oversight for people who are interested in purchasing IDON?
All individuals and entities who wish to purchase IDON, or utilize IDON on the Idoneus Platform, must successfully complete the Swiss AML (Anti Money Laundering) and KYC (Know Your Customer) compliance protocol. These measures are to ensure that Idoneus and all of its token holders are compliant with governmental oversight requirements and will promote the […]