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How does Changelly KYC process work?

avatarNIAGA MANELNov 26, 2021 · 3 years ago3 answers

Can you explain the process of KYC (Know Your Customer) verification on Changelly in detail? What documents are required and how long does it usually take?

How does Changelly KYC process work?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The KYC process on Changelly involves verifying the identity of users to prevent fraud and money laundering. To complete the KYC verification, users need to provide a valid government-issued ID, such as a passport or driver's license. Additionally, they may be required to submit a proof of address, such as a utility bill or bank statement. The verification process usually takes a few hours to a couple of days, depending on the volume of requests. Once the verification is complete, users can enjoy higher transaction limits on Changelly.
  • avatarNov 26, 2021 · 3 years ago
    KYC verification is a standard procedure on most cryptocurrency exchanges, including Changelly. It helps ensure the security and compliance of the platform. The required documents for KYC verification on Changelly typically include a photo ID, proof of address, and sometimes a selfie for identity verification. The process usually takes a few hours, but it can take longer during peak periods. Once the verification is complete, users can enjoy a more secure and reliable trading experience on Changelly.
  • avatarNov 26, 2021 · 3 years ago
    KYC verification is an important step in the onboarding process for most cryptocurrency exchanges, including Changelly. It helps establish trust and compliance with regulatory requirements. To complete the KYC process on Changelly, users need to provide a valid government-issued ID, proof of address, and sometimes a selfie for identity verification. The verification process usually takes a few hours to a day. Once verified, users can enjoy higher transaction limits and enhanced security on Changelly.