LetKnow Pay

Licensed Estonian crypto payment processor

 Key Data

  • Trading Name: LetKnow Pay
  • Legal Entity: LETKNOW OÜ/Let Know OU Branch Bulgaria/LetKnow Pay EooD,
  • Activities: Crypto payment gateway
  • Location: Bulgaria/Estonia
  • Regulations: regulated by The Bulgarian National Revenue Agency (License nr. BB-168 for provision of crypto exchange and wallet services) 
  • Key People: Timothy Sean Ferland, Juris Gulbis

LetKnow is the trading name of licensed Estonian LetKnow OÜ, a cryptocurrency exchange, and digital wallet provider, headquartered in Switzerland, with representative offices in Estonia, Belarus, and Thailand.

Offering

It offers a personalized payment gateway that allows merchants to process inbound and outbound payments in multiple digital currencies with a built-in exchange service. The platform also provides a secure digital wallet for sending and receiving crypto funds internally or externally with third-party wallet providers or exchanges.

The LetKnow Pay payment system provides payments, including those in cryptocurrencies, for online and offline stores and services. The system is easily integrated into online shopping sites, web applications, or mobile terminals in stores.

Their service includes:

  • Withdraw and Send money
  • Deposits
  • Exchange

Processing currencies

We already support BTC, ETH, XRP, USDT ERC20, BCH, LTC, TUSD, USDC, PAX, USDT TRC20, TRX, BINANCEPAY

Settlements currencies

Sell cryptocurrencies for USD, EUR, CHF

Fees

0,2%

Industries

High Risk:

Crypto

Regulation

Regulated by The Bulgarian National Revenue Agency (License nr. BB-168 for provision of crypto exchange and wallet services) and LetKnow Pay EooD, also established in the Republic of Bulgaria (Reg. nr. 201250752 with registered address 10 St., FL. 1, Plovdiv 4000, Bulgaria) and regulated by The Bulgarian National Revenue Agency (License nr. BB-170 for provision of crypto exchange and wallet services).

People

Customer Review

Google: 5 Stars with 2 Reviews

Compliance Problems

We have found Letknow Pay as a facilitating payment provider for an offshore broker

Conclusion

We have found LetKnow as a facilitating crypto payment processor in several unauthorized offshore forex broker schemes. No details are provided about the beneficial owners. We assume that it is a Russian venture. Given the missing information and the facilitating of unauthorized businesses, we include LetKnow in our “RED Compliance” list.

2 reviews

  1. Great customer care

    Great exchange, fast and efficient communication.

  2. True customer support

    No down times, great 24/7 customer support. Supports Binance Pay. Great Reporting. We are very happy with this PSP provider.

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