Our Quick Start Guides offer you a quick and easy introduction to the various use cases of the ecrop platform. They contain step-by-step instructions, code examples, best practices, and many other useful pieces of information.

Quick Start Guide: Issuing a Crypto Security

Objective: This guide provides practical instructions for issuing a crypto security using the ecrop platform and is aimed at issuers and their advisors. It describes the issuance process step by step and provides guidance on legal and regulatory compliance.

Prerequisites:

  • Registered and verified ecrop account.

  • Complete issuance documentation, including prospectus that meets the requirements of Prospectus Regulation (EU) 2017/1129 and the Securities Prospectus Act (WpPG).

  • Access to a wallet compatible with the ecrop platform.

Steps:

  1. Create Issuance Application: Log into your ecrop account and navigate to the “Issuance” section. Create a new issuance application and enter all required information, such as issuance volume, security type, ISIN, and issuance terms.

  2. Upload Documents: Upload the complete issuance documentation, including the securities prospectus. Ensure all documents comply with regulatory requirements.

  3. KYC/AML Verification: The issuer and all beneficial owners must undergo the KYC/AML verification process. This typically happens automatically through our partner PostIdent.

  4. Sign Transaction: Once all documents are verified and the KYC/AML process is complete, sign the transaction with your private key. This authorizes the issuance of the crypto security.

  5. Tokenization and Registration: ecrop tokenizes the security and registers it in the crypto securities register. You receive confirmation of successful issuance and the associated transaction ID.

    • Best Practices:

      • Ensure your issuance documentation is complete and current. (Documentation must be reviewed by ecrop in advance).
      • Carefully review the issuance terms before signing the transaction.
      • Keep your private key secure and never share it with third parties.
    • Troubleshooting:

      • If problems occur during issuance, contact our support.

Quick Start Guide: Custody of Crypto Assets in Cold Storage

Objective: This guide walks you through the custody of crypto assets in cold storage with ecrop.

Prerequisites:

  • Registered and verified ecrop account.

  • Compatible wallet

Steps:

  1. Create or Link Wallet: Create a new wallet on the ecrop platform or link an existing compatible wallet.
  2. Generate Deposit Address: Generate a unique deposit address for the desired cryptocurrency.
  3. Deposit Crypto Assets: Transfer your crypto assets from your external wallet to the generated deposit address.
  4. Custody in Cold Storage: ecrop securely stores your crypto assets in cold storage. Your Private Keys are stored offline in HSMs.

Security Notes:

  • Keep your access credentials for the ecrop portal and your wallet secure.
  • Never share your Private Keys with third parties.
  • Activate Two-Factor Authentication (2FA) for your ecrop account.

Troubleshooting:

  • If problems occur during deposit or custody, contact our support.

Quick Start Guide: Staking Crypto Assets with ecrop

Objective: This guide shows you how to earn additional returns through staking with ecrop.

Prerequisites:

  • Registered and verified ecrop account.

  • Deposited crypto assets (e.g., ETH) in your ecrop wallet.

Steps:

  1. Activate Staking: Navigate to the “Staking” section in the ecrop portal and select the desired cryptocurrency and amount you want to stake.
  2. Confirm Staking: Confirm the staking agreement and authorize the transaction with your private key.
  3. Receive Rewards: ecrop stakes your crypto assets and regularly distributes the earned rewards to you.

Important Notes:

  • Staking crypto assets involves risks, such as price fluctuations or slashing events. Learn about the risks and opportunities of staking beforehand. (Link to further information about staking)
  • The amount of staking rewards can vary and is not guaranteed.

Troubleshooting:

  • If problems occur during staking, contact our support.

Quick Start Guide: Managing Crypto Shares with ecrop

Objective: This guide shows you how to issue, manage, and transfer crypto shares using the ecrop platform.

Prerequisites:

  • Registered and verified ecrop account.

  • Articles of association of the corporation that provides for the issuance of crypto shares.

Steps:

  1. Issue Crypto Shares: Create an issuance application on the ecrop platform and enter all required information, such as the number of shares, share class, and issuance terms.
  2. Register Shares: After approval by ecrop, the crypto shares are registered in the crypto securities register and tokenized.
  3. Manage Shares: Manage your crypto shares through the ecrop portal. You have constant insight into your holdings and can transfer shares between wallets.
  4. Execute Corporate Actions: ecrop supports the processing of corporate actions, such as dividend payments or stock splits.
  5. Reporting and Compliance: Create reports for shareholders and supervisory authorities and ensure compliance with all relevant compliance requirements.

Legal Notes:

  • The issuance and trading of crypto shares are subject to applicable legal provisions. Learn about the legal framework in advance.

Best Practices:

  • Ensure your articles of association provide for the issuance of crypto shares.
  • Use a secure wallet for the custody of your crypto shares.
  • Adhere to applicable security guidelines.

Troubleshooting:

  • If problems occur during the issuance, management, or transfer of crypto shares, contact our support. (Link to support portal)

Quick Start Guide: Compliance Setup with ecrop

Objective: This guide supports you in configuring the ecrop platform for compliance with relevant regulatory requirements, particularly in the areas of KYC/AML and reporting.

Prerequisites:

  • Registered and verified ecrop account.

  • Knowledge of relevant regulatory requirements for your company.

Steps:

  1. KYC/AML Configuration:

    • Navigate to the “Compliance” section in the ecrop portal.

    • Select the KYC/AML requirements relevant to your company. (e.g., customer risk classification, sanctions list screening, EDD)

    • Configure the corresponding parameters and thresholds.

      • Note: The exact configuration of KYC/AML requirements depends on your specific situation and applicable regulations. If in doubt, contact our support or a legal advisor.
  2. Reporting Configuration:

    • Select the reporting requirements relevant to your company. (e.g., transaction reports to BaFin, holdings reports)

    • Configure the corresponding parameters and formats.

      • Note: The exact configuration of reporting requirements depends on your specific situation and applicable regulations. If in doubt, contact our support or a legal advisor.
  3. Implement Processes and Controls:

    • Implement the required processes and controls to ensure compliance with the configured KYC/AML and reporting requirements.
      • Example: Create a process for regular review of customer data and updating risk classification.
  4. Compliance Review:

    • Conduct regular compliance reviews to ensure your configuration meets current requirements.
    • Use our checklist as a starting point for compliance review to consider all relevant aspects.

Checklist for Compliance Review:

(This checklist serves only as an example and should be adapted to individual needs and applicable regulations.)
  • Are all relevant KYC/AML requirements configured?
  • Are all relevant reporting requirements configured?
  • Are the required processes and controls implemented?
  • Are processes and controls regularly reviewed and documented?
  • Are all employees involved in money laundering-relevant activities adequately trained?
  • Are suspicious transactions reported according to internal guidelines?