As the cryptocurrency market continues to grow, numerous governments and states have moved towards amending certain directives to prevent financial crimes through digital currency transactions. Financial crimes can take many forms, such as money laundering, financial fraud, tax evasion, terrorist financing, and identify theft. The Know Your Customer (KYC) policy is one of the measures that have been put in place to counter these financial crimes.
When you open a cryptocurrency trading account with XTRgate, we will need you to provide some essential documents that prove your identity and residency status before conducting any cash transactions.
We accept government-issued identity cards, which include:
· National ID
· Driver’s License
· Passport bearing the signature page
To prove your place of residence, you will need either of the following documents:
· Bank statement bearing your name, physical address, account number, and date issued
· Utility bill with your name and address printed on it
Please note the bank statement and utility bill should not be older than 3 months.
After your account has been verified, we will also request additional documents to secure your transaction data to the highest standards possible. As part of our KYC process, you must provide copies of the credit cards used to load cash into your online trading account.
Make sure the details on the front and backside of the credit cards are visible. Well, this simply applies to your name, CVV code, last four digits of the card number, and the expiration of the card.
Another important piece of compliance document is the Transaction Authorization Form, which is typically designed to show a history of your online purchase transactions. The form should be signed by hand and submitted for verification.
It is simple and straightforward! All you need to do is scan your documents and then send them via our email address. The images uploaded must be of high quality and in the formats that we requested. It’s also important that you provide the documents as soon as possible to avoid any inconvenience.
If you don’t send the documents requested within the specified period, then your account will be suspended and you won’t be allowed to trade on our platform. In case of pending withdrawals, we will have them canceled and credited to your trading account.
We take the safety of your personal and financial documents seriously. That’s why we have ensured our systems are protected by state-of-the-art SSL encryption technology, which guarantees access only to a limited number of authorized individuals. Even those with special access rights are required to treat your sensitive documents with the utmost confidentiality. No details will be shared with third parties unless in circumstances where they are required by the government, credit company, or client.
What’s more, XTRgate is always on the lookout for new technologies and security features to keep the platform as safe as possible for all traders. We ensure the site is thoroughly and regularly scanned for any potential security holes and vulnerabilities.
Dear visitor, Unfortunately, we do not accept traders from United States.