Money that moves with you.

IKO is a self-custodial wallet connected to global payment networks. It helps you hold, receive, and exchange digital euros.

IKO is not a bank. Some services—including identity verification, bank transfers, wallet infrastructure, and payment processing—are provided by licensed third-party partners.

Depending on your location and verification status, you can use IKO to receive and send SEPA payments, convert euros to USDT, and exchange USDT for local currencies through a network of P2P agents.

A self-custodial wallet is a wallet that you control. IKO provides the technology that helps you access and use it, but IKO does not hold your funds in a traditional company-controlled account.

This is designed to give you direct control over your assets. IKO cannot access your wallet or move your funds without your direct authorization.

With that control comes responsibility. IKO supports multi-factor authentication and device-bound passkeys, but you are responsible for keeping your device and its accounts secure.

Blockchain transactions are normally irreversible. Always check the recipient address, network, currency, and amount before confirming a transfer.

If you lose or replace your device, you can normally recover access by signing in on your new device and using the password manager or iCloud account that stores your passkey. You may need to complete additional security checks.

If you also lose access to your password manager or iCloud account, normal recovery will not work. IKO may need to guide you through a special offline wallet-recovery process. This process is intentionally complicated and can take time.

This is by design. A simple server-side reset could allow someone who compromised IKO’s systems—or successfully impersonated you—to take control of your wallet. Self-custody gives you stronger control over your funds and keeps them safe even if IKO’s servers are compromised, but it also makes secure recovery more demanding.

Keep your device account, password manager, and recovery methods secure and up to date. Never share your verification codes or recovery information with anyone.

IKO does not impose a general maximum on:

• Transfers between IKO users
• Supported cryptocurrency transfers to external wallets

Your available wallet balance and any blockchain or compliance requirements still apply.

There is no fixed maximum for incoming SEPA deposits, but high-value deposits can trigger an Enhanced Due Diligence review:

• A single SEPA deposit above €15,000 can trigger a review.
• Deposits that take your monthly total above €30,000 can trigger a review.

During the review, you may be asked to provide proof of the source of the funds and explain the purpose of the transaction. The deposit may be held until the review is completed. If the banking partner rejects the transaction, the funds will be returned to the source within 10 business days.

These thresholds and requirements are determined by IKO’s banking partner and may change. Check the latest information shown in the app before making a high-value deposit.

Incoming euro deposits are converted to EURC, a euro-denominated stablecoin, for your wallet. The conversion rate can differ from 1 EUR = 1 EURC by approximately ±0.10% (10 basis points), so you may receive slightly more or slightly less EURC than the euro amount you deposited.

For example, a €100 deposit may convert to approximately 99.90 to 100.10 EURC before any applicable fees. This small difference comes from the conversion rate; applicable fees are separate.

IKO is a self-custodial wallet and never holds or freezes customer funds.

However, the bank may send some bank transactions for manual review. This typically takes 2–3 hours, but can take up to 24 hours during weekends.

SEPA payouts are sent instantly, but depending on the receiving bank, they may take up to one business day to arrive.

An external withdrawal wallet is an address outside IKO, such as your Binance, RedotPay, or Bybit deposit wallet.

1. Open Binance, RedotPay, or Bybit and go to Deposit.
2. Select Deposit Crypto.
3. Choose USDT as the currency you want to receive.
4. Select Solana as the network.
5. Scan the QR code or copy the deposit address shown by the receiving app.
6. Return to IKO and start an external withdrawal.
7. Paste the address and verify every character.
8. Send a test transaction of 0.1 USDT to verify the setup.
9. Confirm that the currency and network match before sending a larger amount.

You can also add a personal external wallet by entering its receiving address manually on the setup page.

P2P agents publish offers and help IKO customers exchange supported digital currencies for local payment methods or cash.

We manually vet every P2P agent and confirm that they have enough funds to cover the transactions they post. This helps keep transaction failure rates low.

To apply, email support@iko.money. Tell us which currencies and payment methods you want to support, as well as the transaction amounts you can handle. An IKO representative will contact you and guide you through the onboarding process.

Once approved, you can create exchange offers, set your supported payment methods, and manage customer orders from the P2P agent dashboard.