What is KYC?

Posted on 2024-06-10

KYC is a regulatory requirement designed to prevent fraud, money laundering, and other illegal activities. It involves verifying the identity of our users by collecting certain information and documentation, such as government-issued ID, proof of address, and sometimes even a selfie to confirm identity.

When you sign up for a BitStake account, you’ll be asked to provide some basic information about yourself and upload copies of your ID and other required documents. Our team will then review your information and verify your identity. Once your KYC is approved, you’ll be able to start investing on BitStake.

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