Identity Verification / KYC - ‘Know Your Customer’
Why do I need to verify my identity?
The policy known as 'Know Your Customer’ (KYC) is the process of verifying the identity of the customers.
Identity verification is required to prevent fraud and keep the community safe by adding an extra layer of security and ensuring account ownership. Cryptocurrencies are powerful financial tools that can be used to execute transactions globally. Therefore it is important to confirm that protocols are maintained in order to ensure that funds are being used for legal purposes.As part of our commitment to remain a reliable platform, all identity verifications must be submitted and completed through the Utrust mobile app. Therefore, for security reasons, Utrust does not accept copies of IDs over email for verification purposes.
Note: This document does not exhaust the provisions of applicable law and related regulations.
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