StraitsX offers two types of accounts to support different user needs: Personal Accounts and Business Accounts.

Choosing the correct account type is important, as features, limits, and verification requirements differ.

Personal Account

A Personal Account is designed for individual users who want to use StraitsX for their own personal transactions.

Suitable for:

• Sending and receiving funds

• Converting supported digital assets

• Managing personal balances

Key points to note:

• Intended for individual use only

• The account must be registered under your own legal name

• Not suitable for business, corporate, or third-party activities

Business Account

A Business Account is designed for companies, institutions, or registered entities that use StraitsX as part of their operations.

Suitable for:

• Corporate or institutional transactions

• Teams that require multi-user access

• Higher transaction limits

• API integration for operational or system-based use

Key points to note:

• Requires business verification and supporting documents

• Must be registered under a legally incorporated entity

• Personal use is not recommended under a Business Account

Important Notes

• You cannot use a Personal Account for business or commercial purposes.
• Business Accounts are subject to additional review and onboarding requirements.
• If your use case changes, you may be required to apply for the appropriate account type.

If you are unsure which account type suits your needs, please contact Customer Support before creating or using the account.