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On-Ramp Fraud vs Conversion

HardProduct Sense00:00
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Your question is On-Ramp Fraud vs Conversion. Take a moment with it on the right.

Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).

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Problem

What are the primary product challenges when designing a fiat-to-crypto on-ramp, and how do you optimize for conversion while preventing fraud on Kraken?