- American Samoa ( USA )
- Anguilla ( UK )
- Antigua and Barbuda
- Aruba ( Netherlands )
- Bermuda ( UK )
- british Virgin Islands ( UK )
- Cayman Islands ( UK )
- Cook Islands ( New Zealand )
- Costa Rica
- Curacao ( Netherlands )
- Dominican Republic
- El Salvador
- Falkland Islands ( UK )
- Faroe Islands ( Denmark )
- french Guiana ( France )
- french Polynesia ( France )
- Gibraltar ( UK )
- Greenland ( Denmark )
- Guam ( USA )
- Guernsey ( UK )
- Isle of Man ( UK )
- Jersey ( UK )
- Marshall Islands
- Montserrat ( UK )
- New Caledonia ( France )
- New Zealand
- Niue ( New Zealand )
- Norfolk Island ( Australia )
- Northern Mariana Islands ( USA )
- Papua New Guinea
- Pitcairn Islands ( UK )
- Puerto Rico ( USA )
- ideal Barthelemy
- Saint Helena, Ascension, and Tristan district attorney Cunha ( UK )
- Saint Kitts and Nevis
- ideal Lucia
- Saint Martin
- Saint Pierre and Miquelon ( France )
- Saint Vincent and the Grenadines
- San Marino
- Sint Maarten ( Netherlands )
- Solomon Islands
- Tokelau ( New Zealand )
- Trinidad and Tobago
- Turks and Caicos Islands ( UK )
- United States Virgin Islands ( USA )
- vatican City
- Wallis and Futuna ( France )
We ’ ll explain what this confirmation process is and why we enforce it below .
What is KYC?
KYC stands for “ know your customer, ” and refers to the process of verifying the identity and transaction blueprint of a business ’ customers. In case you didn ’ thymine know, Paxful is one of the first peer-to-peer crypto companies that implemented a full Anti-Money Laundering ( “ AML ” ) program that includes ID and proof-of-address confirmation .
Among many KYC providers, we chose Jumio, an highly established and secure provider that uses artificial intelligence, machine memorize, and 3D biometrics to detect any deceitful documentation .
For model, if person ’ south selfie doesn ’ metric ton match the facial features of the photograph on their ID, we know that fraud may be fair around the corner .
Why should you care?
For starters, bad actors on fiscal services platforms never like ID confirmation because they fail to provide the appropriate documents. With KYC in rate, our honest users can now trade confidently with a lot lower levels of hazard .
furthermore, when everyone ’ s verification condition is shown on their profiles, you can easily tell if person is trustworthy and legitimate. As a result, transactions become much more legitimate and guileless .
How do I get ID verified and what happens if I don’t?
Getting verified is fast. Follow the steps below to get verified in just a matter of minutes .
- sign in to your account on Paxful.com
- Click your username in the top right corner
- choiceVerify Me from the drop-down list
- Follow the simple instructions for uploading an ID document and a selfie
- Our team will begin to review your documents
Remember to get verified this November. If we see that you still haven’t completed the verification process, we’ll unfortunately have to limit the features you can use on Paxful. For example, you will no long be able to trade or create offers .
The only way to get these features back is to become ID affirm. Do it now to make sure you can enjoy all the features Paxful provides .
glad deal !