KYC or Know Your Customer is a monitoring process that companies execute to identify and verify the identity of their customers. Basically it consists of the client having to prove that he is himself sending the companies a series of legal, economic-financial, legal-fiscal documents, such as:
3. Proof of residence;
6. Among others.
The requirement of these documents varies a bit from company to company, but most of the time, all those listed above are required. In addition to requesting all these documents, some still check with public and / or private bodies on the situation of their clients.
Will we ask for the above documents?
That's right ... Cointrade does not need and will not request these documents.