Avici
  • 👋INTRODUCTION
    • What's Avici
    • Why Avici?
    • Get started with Avici
  • 💡Key Features
    • Smart Account
    • Passkeys
    • Buy digital Assets
    • Auto Offramp
  • ✊OUR COMMITMENTS
    • User first
    • Decentralisation
    • Privacy
    • Self-custody
  • ⁉️FAQ's
    • Are my funds safe with Avici?
    • Can i withdraw my assets anytime?
    • What happens if i lose access to my email & passkey?
    • How is Avici compliant?
    • What happens when i click on Quick buy? How is Avici getting them?
    • I bought an asset but USDT was deposited
    • Understanding the loss when you make a deposit
    • Can't add passkeys on android
    • How much can i buy/sell USDT?
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  1. FAQ's

I bought an asset but USDT was deposited

When you purcahse as an asset on Avici, we do the following: - Work with Onramp partner to fetch US dollars (USDT) - Take your permission(cryptographic signature) to Swap US dollars for your desired asset using a Decentralised exchange Uniswap or Jupiter As we aim to never control your funds, we don't hold INR directly, if the the Asset convert fails for some reason due to price impact, slippage or liquidity, we deposit US dollars in your account. We are working towards a solution to solve this while never controlling your funds. Thanks for your patience.

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Last updated 1 year ago

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