My business pays 45€ a month for it's profile to be verified on Instagram. Verification comes along with some perks, like posting links where others can't. But only two a month. This shit is so ridiculous, what can you do but laugh about it. 
Discussion
Yeah, don't do it :)
I gave up 20k followers on instagram and went #nostronly never happier!
I'm on on the legacy social media platforms either but my customers and clients are, so I have a business profile to reach audience.
That is tricky to navigate. You’re right then! lol best to just laugh at those centralized “services”😂 it’s more of a DIS-service to you than anything! WILD