Questions and Answers

1.        What is Atlantis Web3 Bank?

Atlantis Web3 Bank is a non-profit, non-governmental, membership-based credit union that operates exclusively online, dedicated to serving the Web3 community.

As a new entrant in the digital banking landscape, we are currently rolling out basic functions, with plans to expand our offerings soon.

Various financial products and services tailored to the needs of our members will be available in the near future.

Stay tuned for further updates as we progress.

2.        When will your digital bank be fully opened?

Atlantis Web3 Bank, the world’s first and only digital bank fully dedicated to the Web3 space, will launch in 2025, offering a wide range of financial services to all members.

Since September 2024, we have been providing essential services like member registration, KYC processes, membership deposits, and virtual card issuance as a foundation.

As we grow, advanced DeFi integration, higher transfer limits, and global services will be introduced.

We are committed to delivering a seamless and secure experience for millions of members from Atlantis Exchange and other crypto platforms.

Stay tuned via our website and social channels for the exact launch date.

3.        What are the benefits of becoming a member of Atlantis Web3 Bank?

Members enjoy lower interest rates on loans, higher yields on savings, access to exclusive digital banking tools, and personalized financial services. Additionally, all members benefit from our commitment to reinvesting in the Web3 community.

4.        Can I use my Atlantis Web3 Bank account for international transactions?

Yes, all members can conduct international transactions using multiple currencies, including USD and major cryptocurrencies. Our payment gateways facilitate seamless cross-border financial activities, ensuring efficient and secure transactions worldwide.

5.        Is there a minimum deposit required to open an account at Atlantis Web3 Bank?

Yes, a minimum deposit of $50 is required for individuals, and $1,000 for business entities. These deposits help establish your membership and enable access to our comprehensive suite of financial services.

6.        How does Atlantis Web3 Bank handle KYC regulations?

Atlantis Web3 Bank adheres strictly to KYC (Know Your Customer) regulations as required by federal law to ensure the security and integrity of our banking operations. Every new member must complete the KYC process before activating their membership.

7.        How to use my Virtual US Dollar Global Card?

Once you activate your Virtual US Dollar Global Card, you can start using it for online transactions worldwide.

The card functions like a traditional debit card but is designed exclusively for digital payments. Simply enter the card details when making purchases, and the amount will be deducted from your Atlantis Web3 Bank account.

This card is ideal for Web3 enthusiasts who frequently engage in high-volume transactions or require fast, secure, and convenient digital payments.

You can track spending and manage card settings easily through our platform.

8.        How to withdraw money from my account?

Withdrawing money from your Atlantis Web3 Bank account is simple:

1) Log in to your account via our website or mobile app, navigate to the withdrawal section, and select the amount to withdraw.

2) You can transfer funds to a linked external bank account, crypto wallet, or use your Virtual US Dollar Global Card for instant worldwide spending.

NOTES:

a) Withdrawals are secure, with larger transactions possibly requiring additional verification based on your transfer limits.

b) Funds are available 24/7, depending on your account balance.

c) During the initial membership registration period (the first 7–30 days), withdrawals are temporarily disabled. However, internal fund transfers and virtual card spending remain fully available worldwide at all times.

9.        How do the referral levels work?

Our referral program offers three (3) levels of rewards, designed to benefit both the referrer and referred members.

When you refer someone to join Atlantis Web3 Bank, you’ll receive either a percentage-based or fixed reward amount, which increases as more people join through your referral link displayed in your account.

The program allows you to earn higher rewards as your referral network grows, ensuring long-term benefits. Both you and your referrals must maintain active memberships for rewards to be credited. These rewards can be used for deposits, card spending, or transferred to your linked external accounts.

Full details are available in the referral section within your account.

10.   How can Atlantis Web3 Bank support my cryptocurrency activities?

Atlantis Web3 Bank provides crypto-friendly digital banking services, including accounts that support transactions in selected cryptocurrencies, seamless integration with major crypto exchanges, and specialized financial products tailored for individual crypto investors and businesses worldwide.

11.   What security measures does Atlantis Web3 Bank implement for digital transactions?

Atlantis Web3 Bank employs cutting-edge security technologies such as two-factor authentication, end-to-end encryption, and continuous fraud monitoring systems to protect all digital transactions and safeguard member data against cyber threats.

12.   Can businesses in the blockchain industry join Atlantis Web3 Bank?

Yes, Atlantis Web3 Bank welcomes businesses in the blockchain industry, including crypto exchanges, DAOs, and other Web3-related entities. We provide specialized services such as business accounts, funding opportunities, and financial advisory tailored to the unique needs of blockchain-oriented companies.

13.   What educational resources does Atlantis Web3 Bank offer to its members?

As a globally-leading digital banking service provider, Atlantis Web3 Bank is set to offer a wealth of educational resources aimed at enhancing financial literacy in the digital age. Our upcoming offerings will include key topics such as cryptocurrency investment, blockchain technology, and personal finance management.

14.   How can I get involved with the community initiatives sponsored by Atlantis Web3 Bank?

Atlantis Web3 Bank plans to actively encourage members to participate in community initiatives and events we will sponsor, such as tech meetups, educational programs, and Web3 conferences. Members will be able to join through our website or subscribe to our newsletter for updates on upcoming events as they become available.