WHAT IS TRAVEL RULE?
Moving crypto to or from another wallet works a bit like a bank transfer: a few details travel with it. Here's why.
THE IDEA IN ONE LINE
When crypto moves between Venga and another wallet, we need to know who's on the other end. This is called the Travel Rule: the information travels with the transfer.
WHY IT MATTERS
It's not new, just new to crypto
Banks have always attached sender and recipient details to wire transfers. Crypto is now following the same rule, and it applies to every regulated crypto platform in the EU, not just Venga. You're probably just meeting it for the first time.
Why it exists
It stops crypto being moved anonymously between platforms. It isn't about tracking what you buy. Like a bank screening a wire, some standard safety checks also run in the background before a transfer completes.
WHAT IT LOOKS LIKE IN THE APP
Just a couple of extra fields when you send or receive crypto: who's on the other end, and where they hold their wallet. It only takes a few seconds, keeps your funds safe, and ensures every transfer follows EU rules.
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Keep reading to be fully informed about Travel Rule