Modified on: Thu, 1 Apr, 2021 at 4:03 PM
With Lumi Wallet, you can exchange your coins and tokens in several steps.
If you want to exchange some coins simply go to your Lumi Wallet app, tap on Exchange at the bottom of the screen and choose the currency or token you wish to exchange. The network fee is calculated automatically for the fastest transaction.
We work with our partner Changelly. They process the exchanges. Changelly is a cryptocurrency exchange that mostly doesn’t require revealing identities or any personal data.
However some transactions can be put on hold by the Changelly Security Department, pending the completion of the AML & KYC verification. AML refers to "Anti-Money Laundering" and KYC refers to "Know Your Customer".
Funds stay frozen and won’t be released until a user provides all the documents and proofs required.
You can read more about Changelly AML & KYC policy here.
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