Community Question: Could the $1k swap cap be replaced with a tiered system with optional KYC? Will there be any change to the limits?

Questions
#1

After the successful rollout of the Bluecode integration in Nimiq Pay, there could be an opportunity to explore additional forms of collaboration with Nimiq’s new crypto–fiat trading partner. In the future, it might become possible to process trades, that are currently executed via Fastspot, through Nimiq’s new regulated trading partner.

Since this partner is able to facilitate KYC procedures for endusers, higher swap limits could potentially become an option. That said, this topic has not yet been actively evaluated, as the current focus remains on completing and launching the Bluecode integration within Nimiq Pay.

#2
#4

Is it no longer possible to perform in-wallet swaps while on VPN? I’ve noticed accessing or creating a wallet while on VPN gets stuck on the NIMIQ loading icon. Is this something that Nimiq is trying to discourage? Some will not have access to their wallets without the use of VPN due to a host of restrictions or for privacy and protection.

#5

It depends on the VPN, not on us. The Nimiq wallet is not blocking any VPNs, but sometimes VPNs filter connections by applying ad blockers to avoid botnets, etc. Because Nimiq was web-mineable at some point, there was malware using the web miner to make money, which ultimately led to Nimiq-related domains and nodes being flagged. We are continuously trying to improve the situation by talking to blocklist maintainers getting nimiq related domains off their lists. Sometimes it helps to simply switch the server. If nothing works, another VPN service can help, as they often do not operate in the same way.