On our platform, security and transparency are fundamental. To ensure a reliable environment and comply with regulatory standards, we implement a rigorous Know Your Customer (KYC) process that allows us to verify the identity of our users and protect their personal data.
What is KYC?
KYC is an essential procedure in the financial and commercial world. It refers to policies and practices designed to verify the identity of customers, assess fraud risks, and comply with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations.
How Does It Work on Our Platform?
Secure Registration: When you register on our platform, we collect basic information, such as your name, address, and date of birth.
Identity Documents: We ask you to upload a copy of your identification document, such as an official ID or passport. This helps us verify your identity and ensure compliance with legal regulations.
Verification: Our specialized team verifies the provided information and compares your data with reference sources to ensure there are no discrepancies.
Data Protection: We strictly comply with data privacy regulations and ensure that your personal information is secure and not shared without your consent.
Summary of KYC Regulation:
Global Standardization: KYC is a global practice applied in financial institutions, financial service companies, and trading platforms to prevent money laundering and other illicit activities.
Laws and Regulations: KYC is regulated by specific laws and regulations in different countries. Regulations may vary, but the goal is the same: to ensure customer identification and verification.
Consumer Protection: KYC also serves to protect consumers by ensuring their transactions and personal data are secure and that the platform complies with security standards.