Creation and verification of the crypto accounts is a mandatory part of the Coinify's On-ramp/Off-ramp flows due to the data we're required to collect and verify based on the EU regulatory mandates.
The Crypto Accounts API endpoints allows customers to manage their cryptocurrency wallet addresses on their Coinify account.
The endpoints allow customers to Create, List, Delete, and Verify crypto accounts for different cryptocurrencies.
This process does not create a new blockchain address on-chain. It simply requires the user to provide an existing address to which (or from which) they will be sending their funds to/from.