What is account verification about?

Account verification is designed to check whether the personal data you provided when you opened your account are true. Providing true data is required to comply with regulations governing financial transactions. Since Bitcoin is an anonymous currency, many accounts on cryptocurrency exchanges are used for money laundering and fraud and to receive funds originating from phishing scams. The account verification process helps to eliminate these fraudulent activities, which makes our exchange safer for honest investors. Account verification methods are described in this article.

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