When registering on Oobit, or any reputable crypto trading platform, users need to undergo a KYC (Know Your Customer) verification. This verification can differ from platform to platform but ultimately is centered around proving your identity. KYC processes are important tools used in the fight against crypto funding terrorism, money laundering, and illicit activities.
We know that KYC 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 KYC 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 KYC. 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 front and back of the driver’s license.
Again, 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 place your face inside of the two consecutive oval frames. Gone are the days of document selfies. The process is as simple and efficient as can be, with the whole KYC process taking only a matter of minutes.
For anyone asking what type of photo ID can I provide, we’ve got even better news. With our Oobit Pass, once you’ve passed the level 2 verification, you can use the same KYC verification across several other platforms. One KYC, many opportunities.