Ethos x Voyager Partnership FAQ

Ethos has formally announced our partnership with Voyager Digital to build a best-in-class Fiat Gateway into our flagship product, the Ethos Universal Wallet. With this, we will offer all users access to exchange functionality utilizing their liquidity network. CEO Shingo Lavine will also be joining Voyager as an advisor, closely supporting this development process. This announcement formalizes the relationship between Voyager and Ethos, and we have considered your most pressing questions. So here are the answers you may be seeking.

How high are fees for crypto to fiat, and vice versa, transactions?
Voyager is a commission-free trading application and is not planning on having any fees for trades and purchases.

When is the Voyager Platform launching?
Currently slated for Q4 2018 and will be released in phases. The launch of Voyager’s integration into Ethos & Universal Wallet is separate, although is happening leading into and post-Voyager’s launch. No official date has been announced for the Ethos x Voyager integration. More announcements will be made upon completion of major milestones.

When will the Fiat Gateway be available?
A lot of work is being done to ensure the integration between Ethos and the Voyager execution platform is seamless. No official date has been announced for the launch of the Fiat Gateway. More announcements will be made upon completion of major milestones.

Which coins will be supported?
The supported coins for trading are currently being finalized. Voyager and Ethos are ensuring that appropriate trade execution and custody solutions are in place for each of the supported coins. Voyager will announce the first list of supported coins when their mobile application launches later this month. This will help determine the coins that Voyager and Ethos support together via the Fiat Gateway.

Why is Voyager interested in Bedrock?
Bedrock enhances the custody offering for Voyager, opening up support of coins that Voyager’s existing custody partners do not support and increases speed to market for new coins. This enhances both the Voyager retail trading application, in addition to the Voyager institutional offering. For both businesses, Ethos and Voyager solve the crypto retail and institutional markets biggest problems – custody and liquidity. Additionally, Voyager aims to honor the self-custody nature of crypto and offer this to their customers who wish to take full ownership of their crypto assets, through the Ethos Universal Wallet and other Bedrock applications.

What is a crypto broker? Is this different from a broker dealer?
A crypto broker is an agent that acts on behalf of crypto investors to execute their order. Though regulation does not require the form of “best execution” for this service, Voyager and Ethos believe strongly that crypto investors have the right to “best execution” and their trades should be processed to seek optimal liquidity, price, speed and reliability. A broker-dealer is a licensed entity that operates as previously described, but requires the license for securities. Voyager executes orders according to many of the standards of a broker-dealer, however does not engage this license as currently supported assets are not deemed securities.

Will Voyager support security tokens in the Future?
Yes, this is on the Voyager roadmap for the future, TBA. This is subject to strict regulatory and technical compliance, and will be executed up to latest compliance standards.

What is the scope of the MVP?
The MVP execution between Voyager and Ethos will be to bring an integrated Fiat Gateway to Ethos users. Voyager will give Ethos users the power to convert fiat currency into the Ethos Token or other crypto assets and these tokens into fiat, all within their wallet, allowing a seamless mechanism to trade through Voyager’s platform.

What features and solutions can be expected from this partnership?
We anticipate a number of exciting features and solutions to come via the partnership between Voyager and Ethos. The goal is to seamlessly integrate Voyager’s trade execution, Ethos’s Universal Wallet and Ethos Bedrock with one another. Perfecting that integration is our primary goal but we are excited to explore features around portfolio optimization, lending, and more.

Will Voyager allow buying and selling of Crypto, includling Crypto to Crypto and Crypto to Fiat trading?
At the official launch of Voyager this year, Voyager will support Fiat to Crypto and Crypto to Fiat trading. Crypto to Crypto transactions are already in our development log and this feature is slated for early 2019. All of these exchange features will be made available to Ethos Universal Wallet users upon completion of the integration.

Will Voyager support bank deposits/withdrawals?
Yes. Bank deposits and withdrawals are supported for US residents.

Which countries will Voyager be available in?
Voyager will only be available to US residents immediately after launch. International expansion is a key goal and priority for Voyager. Voyager will approach international expansion similarly to US market rollout, seeking required money transmitter licensing in markets that are required to support fiat trading.

What are the minimum limits for purchases on Voyager?
The minimum trade and transfer (withdrawal / deposit) amount on Voyager is $10 USD.

Will Voyager require KYC/AML?
Voyager has integrated Know-Your-Customer (KYC) and Anti-Money Laundering (AML) processes as a part of the account opening process. KYC & AML is required to perform the trading applications within the service. This helps ensure the safety of our customers and business in accordance with compliance.

Can you clarify the how Voyager will be integrated into the Ethos Universal Wallet?
As mentioned, Voyager will enable in-app purchases of cryptocurrencies utilizing a best-in-class Fiat Gateway, and crypto to crypto exchanges and trading utilizing the Voyager Smart Router & Liquidity Network system.

Does Voyager plan to support alternate international currencies, other than USD? For example, Euro, Pound, Yen, etc.
USD is currently the only supported fiat currency on the Voyager platform at this moment, however, we will roll out support for other fiat currencies as part of the international expansion plan.

How fast will orders be executed?
The Voyager Smart Order Router has the capacity to execute orders in milliseconds and has real-time access to the order books of exchange partners. As the limits or constraints of an order can vary, Voyager cannot guarantee time execution, however, the Voyager execution system is built to execute market orders instantly.

How long will it take for the crypto I purchase to be made available in my SmartWallet or to be accessible for withdrawal?
Full custody or withdrawal of crypto requires the underlying principal amount to have cleared. Once transfers have cleared, crypto withdrawals will happen in time with respective network speeds.

How long will it take for fiat to transfer to my bank account and be made available?
Fiat transfers will be subject to standard ACH and wire transfer timelines.

What banking information will be stored by Voyager/Ethos?
Voyager stores customer’s bank name, account type, account number, routing number, and most recent account balance. Banking credentials are not stored and deposits and withdrawals are powered by a 3rd party provider.

Can I get a debit card through Voyager?
This feature will not be available at launch with Voyager. Given the payment functionality of the Ethos Wallet and the growing number of outlets that accept crypto in payment transactions, Voyager is exploring possibilities to help account holders access and make use of their crypto assets. This may include debit cards, though this is still to be determined. We will keep the community updated on any product announcements related to debit cards and payments.