When registering on Oobit, or any reputable crypto trading platform, users need to undergo an identity verification process. This verification can differ from platform to platform but ultimately is centered around proving your identity. Hence, the common question being raised, what type of photo ID can I provide?
Identity verification processes are important tools used in the fight against crypto funding terrorism, money laundering, and illicit activities. We know that identity verification processes can often feel tiresome, so we’ve incorporated the latest technologies to fast track your verification. By incorporating facial liveness detection and Optical Character Recognition (OCR), the whole identity verification process is speeded up without compromising integrity. We also make use of strong encryption to ensure that your data is secure at all times.
To cover the question of “what type of photo ID can I provide?”, you will have three options when completing your identity verification. All documents must be government-issued:
You will need to upload an image of the passport page clearly displaying your photo.
You will need to upload images of the entire residence permit. Only permits with photos will be accepted.
You will need to upload images of the front and back of the identity card.
Once you have completed this step, you will need to verify this document with your face through our live facial recognition technology. In this step, your camera will need to be activated and you will need to rotate your face in a circle as instructed. Gone are the days of document selfies. The process is as simple and efficient as can be, with the whole identity verification process taking only a matter of minutes.