Rain provides two distinct account types: personal and institutional. Each is tailored to specific customer needs, whether you are an individual trader or a business requiring extensive support to grow investments. Selecting the appropriate account is crucial for an optimal trading experience.
What is a personal account?
A personal account is built for individuals who want to trade crypto for themselves. It is simple to set up and easy to use, making it perfect for both beginners and seasoned traders.
Who is eligible
To open a personal account, you must meet the age requirement. This varies by country but is generally between 18 and 21 years old.
Registration steps
The signup process is straightforward. You will need to provide your name, phone number, email, and set a password. You will also need to verify your identity by providing a form of ID, a document proving your address, and a selfie.
Approval timeline
Once you submit your information, applications are typically reviewed within 24 hours.
What is an institutional account?
Institutional accounts are designed for companies, firms, legal entities, and high-net-worth individuals who need tailored features and the flexibility to manage larger, more complex operations.
Why choose an institutional account?
Dedicated account managers: You will be paired with experienced bilingual account managers to assist you with setup and trading.
Speed: Our platform ensures transactions settle in minutes, helping you access funds quickly and avoid unnecessary delays or costs.
Cost-effectiveness: You benefit from transaction fees tailored to your needs, ensuring more capital stays within your business.
Registration steps
The application process for institutional accounts requires filling out the registration form and submitting specific business documentation such as entity details, business information, registered and trading addresses, key personnel information, etc.
Approval timeline
Once you submit your form, our team will review your application and contact you within 24 hours to help you move forward. If you have any questions, please reach out to our dedicated team at [email protected].