The world of crypto moves fast. Prices can be volatile, so you need to be prepared to quickly respond to market changes. Any delays in accessing your crypto exchange platform can mean the difference between buying and selling at below or above market value. In addition to quick access, when trading crypto you also want protection from identify fraudsters to ensure your personal information is safe.
To provide you with the most secure and
fast onboarding experience possible, Cryptosouk have partnered with the best in
the business, Fully Verified. With Fully Verified on our side we’re providing
you with banking-grade identity verification with a simple video identification
Who is Fully verified?
In the digital world we live in, it makes you wonder why online onboarding to many crypto exchange platforms feels like we’re back in the stone ages. You may remember opening a bank account the traditional way. Having to physically visit the bank, wait in queue and speak with the bank teller. While signing up for a crypto platform isn’t as bad as THAT, it’s still unnecessarily time consuming. Scanning and uploading documents not only feels very admin heavy but is also an activity prone to identity theft.
Fully Verified have changed that with a
video identification process that is quick and simple, meaning you can get
online and trading crypto in no time. No more documents, no more scanning and
no more fears of identity theft. Here are some of the ways you’ll benefit from
our partnership with Fully verified.
Speed up onboarding to trade faster
Our partnership with Fully Verified makes onboarding to our platform quick and simple. Here’s how it works:
- Create your account and fill in your details.
- You’ll then chose how you want to be verified; through your laptop, tablet or smart phone.
- You’ll then be connected to a verification specialist.
- The specialist will verify your documents and your purchase intent in real-time.
- Your details are saved, processed and once approved you’re ready to trade!
It’s really that simple. You can get
verified using your laptop, tablet or smart phone; anytime, anywhere. While
traditional onboarding can take days, with Fully Verified and Cryptosouk you’ll
be verified in just a few minutes. You’ll spend less time onboarding and more
time making money from crypto.
Eliminate identity fraud
Any verification solution that is software based and involves the uploading of documentation has two key problems:
- Software can be hacked.
- There is no way of knowing WHO uploaded the documentation.
Identity theft is everywhere. Last year alone fraudsters obtained approximately $16 billion through identity fraud. Do you really want scanned copies of your passport and other personal details floating around the world wide web? People can buy stolen identification online for under $30 and use that information to sign up to crypto platforms. It’s frightening how easy and common it is for stolen identity information to pass traditional manual verifications of scanned documents.
Even more modern methods such as facial
recognition can be cheated by fraudsters. That’s why it’s important to have real-human
verification as part of the process. The combination of human scrutiny and
Artificial Intelligence significantly reduces any risk of identity fraud.
Ensuring your protection by complying with industry regulations
Another important aspect of ensuring your security during the onboarding process is compliance with government regulations. Fully Verified is a solution that satisfies all regulatory requirements, giving you peace of mind that you can trade crypto with minimal threat from fraudsters.
Cryptosouk aim to ensure you have the best
security practices protecting your personal data. We have multiple data points
set up to check for all types of fraud, with the right processes in place to quickly
identify any signs of manipulation and forgery.
Video identification provides a secure and quick way to verify identities online that is fast and easy. Our partnership with Fully Verified providers you with the best customer experience to get you onboarded in no time. This ensures you can start trading faster, with the peace of mind that your information is protected from fraudsters and identity thieves. It’s time to trade without trade-offs. Join the next generation digital asset exchange today.
The information contained within this website and resource section is not intended to be a substitute for financial advice or promotional offer on the investment or purchase of cryptocurrencies, digital tokens or related assets. Although care has been taken in preparing the information provided to you on this site and in the resource section, we are not held responsible for any errors or omissions and accept no liability whatsoever for any damage or loss you may incur through the result of your own actions and decisions when deciding to purchase or invest in cryptocurrencies or related digital assets. You should never engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. We recommend you always seek financial/or legal advice counsel relating to your investment and purchase circumstances. This material has been prepared for informational use only.