Yep - setup sucks. Easiest to use wise.com right now unless you can do a wire from your investment account (that's how I funded it). Once the vault started getting built in Indonesia they changed the wire address to there, but if you go to the mint you'll get an address in Australia that you can still use.
Most use wise. Or send crypto in.
If the KYC stuff is failing, then make sure your photos aren't too big. They're serious about KYC.
And the debit card is going live again in November with the new provider. No set date yet.
(If you have issues, [email protected] is solid and should be able to walk you through anything.)
Kinesis is amazing, but they're also a startup that's growing at 8x to 12x per year, and lots of moving pieces are coming into play (indonesia to go live any time now, LatAm announcement yesterday, Cardano and Ripple coming soon, etc.)
They really need the debit card back online (and linked ACH account) again. That will go 70-80% to address your issues.
I was able to wire for free from both of my brokerage accounts, in case that's an option.
Other than that, as the others said:
Nailed it as usually! I share same views. I also looked at different models of wealth preservation and wealth building systems. Almost identical assessment of BYOB is found in Kindle book: https://www.amazon.com/Be-Your-Own-Bank-Reality-ebook/dp/B09RNH4NQS/
There author describes Bitcoin, Bitcoin Cash, Gold, Silver, PSLV, SmartGold Club and Kinesis as vehicles to BYOB status. There are many historical facts in the book. $4.95 for a book may be money best spent ever. If you read it you sure will not go to invest into FTX or similar Ponzi.