Legal & Compliance:

Tier system

NO KYC

The platform does not require you to provide KYC Documents or identification. Your method of payment is private and is still recognized in most jurisdictions. Anonymity guaranteed. Trader will be limited to the amount of deposit. No KYC limits your transfer/buy/sell capability.

BASIC KYC

Identification document required – Valid National ID, Passport or driver’s licence acceptable. Proof of payment – Card – Front and back of card showing all four corners showing the last four digits on the front and back. All other numbers must be covered. Remember proof of payment is for KYC purposes only. Withdrawal limit applicable to client’s trading account

FULL KYC

Identification document required – Valid National ID, Passport or driver’s licence acceptable. Proof of residence – Bank statement / Utility bill – not older than 3 months Proof of payment – Card – Front and back of card showing all four corners showing the last four digits on the front and back. All other numbers must be covered. Remember proof of payment is for KYC purposes only. *White paper photograph – Client will take a photo “selfie” holding his identity document with his signature and date of signature on the white paper. Document to be CLEAR – consider automation for automatic upload via platform.

SOCIAL KYC

Refer to attached guide detailing a modern method of enhancing KYC verification. Briefly this method has enabled smaller businesses, trading platforms specifically those focusing on cryptocurrencies to enhance and modernize KYC verification. Research has shown that clients are more willing to proceed when they are able to quickly verify themselves by white paper or using their social media activities. Professionals use LinkedIn internationally, EVERYONE has Facebook. Social KYC can be used for all 3 tiers of verification or as an additional tool in RISK and AML monitoring.