Question 1

Is Bank of Bali custodial?

Accepted Answer

No. Bank of Bali is non-custodial. You own and control your Monero (XMR) private keys via a 25-word seed phrase. We never hold your funds.

Question 2

Do I need KYC to use Bank of Bali?

Accepted Answer

No KYC is required for amounts under $1,000 per transaction. Larger transactions and OTC desk volume require enhanced due-diligence in line with applicable AML guidance.

Question 3

What assets can I swap?

Accepted Answer

Bank of Bali supports instant swaps between Monero (XMR) and 900+ assets including BTC, ETH, USDT, USDC, SOL, XRP, ADA, DOGE and many more — powered by aggregated liquidity from leading providers.

Question 4

How does the carbon offset work?

Accepted Answer

Every transaction on Bank of Bali is automatically offset via Toucan/Klima retired carbon credits — making it the first carbon-neutral Monero banking platform.