A quick overview of the KYC verification process and an analysis of the three access levels

When it comes to digital asset trading, identity verification is an essential step that cannot be bypassed. Different platforms have slight variations in their KYC verification processes, but the core logic remains largely the same. This guide will provide a detailed breakdown of the complete personal identity verification process to help you get started quickly.

What are the three levels of the KYC verification process?

The identity verification system is generally divided into three levels: Standard, Advanced, and Pro Level. These levels correspond to different permissions and withdrawal limits.

Standard Level requires identity assessment and proof of identity (POI) verification. Once completed, you can unlock basic trading functions.

Advanced Level builds on the Standard Level by adding address proof (POA) verification. This requires you to provide government-issued address documents, such as utility bills or bank statements.

Pro Level is the highest verification tier, requiring enhanced due diligence (EDD), which involves income source verification and more detailed background checks. Some regions may have additional verification requirements.

Preparations for personal identity verification

Before starting the KYC process, link your account first. After logging in, click the profile icon at the top right to access account settings. In the account information section, find the verification option and click to enter the identity verification page.

The first step here is to select your country of residence. This information is crucial because it directly determines your subsequent verification methods. If you wish to change your country after verification, additional validation may be required for the change to take effect.

How to submit proof of identity

Proof of identity is the core part of the KYC process. After clicking the relevant option on the verification page, you need to:

Step 1: Select the issuing country or region of your ID document and the document type (e.g., passport, ID card).

Step 2: Take clear photos of your ID. The photos must clearly display your full name and date of birth. Any file format is acceptable. Ensure the document is unaltered and the photo is sufficiently clear.

Step 3: Complete facial recognition scanning. You can do this in real-time using your computer webcam or by scanning a QR code with your mobile device. If multiple attempts still do not allow access to the recognition page, it may be due to non-compliant uploads or frequent submissions within a short period. In this case, wait 30 minutes before retrying. If the issue persists, contact customer support.

Identity assessment and address proof process

After submitting your ID, the system will typically perform an automatic identity assessment. In some cases, you may be asked to fill out an evaluation questionnaire. Remember, ensuring all information is accurate and reliable is your responsibility.

Once the identity assessment is approved, you can proceed to trading and deposits. You can check the progress in the verification status bar on the left.

Address proof can only be submitted after completing the Standard Level verification. Accepted address documents include government utility bills, bank statements, or residence certificates. The key point is: all address documents must be dated within the last three months. Documents older than three months will be rejected outright.

You can view your submitted documents at any time on the identity verification page. Click the eye icon to preview, but you will need to enter a Google verification code for secondary validation. If there are any errors or questions, you can submit feedback via the customer support form.

What is required for Pro Level verification?

To complete the highest level of identity verification, you need to undergo enhanced due diligence (EDD). This involves filling out a detailed questionnaire and submitting income proof documents.

It’s important to note that even after successfully completing EDD, in rare cases, the platform may still require additional documents when withdrawing funds or conducting fiat transactions. This often occurs under special market conditions or policy changes.

Overall, while the KYC process involves multiple steps, following each step carefully will make the process quite smooth. The key is to ensure all submitted information and documents are accurate and complete, so you can pass verification quickly.