All About KYC-Individual Accounts

Modified on Mon, 29 May 2023 at 03:08 PM


What is Know your Customer (KYC)

The “Know Your Customer” or KYC verification process is carried out by cryptocurrency exchanges such as Aquarius to verify identity, suitability and risks involved in maintaining a business relationship. This is done through Identity verification and Anti-Money Laundering (AML) checks.


Why do I need to complete my KYC?

KYC procedures help establish the legitimacy of a customer identity and identity risk factors. KYC procedures help prevent identity theft, money laundering, financial fraud, etc.


What documents can I submit? Is it safe to share them?

Identity Document ( Any 1 of the following)

  1. A valid passport OR
  2. A residence permit OR
  3. A driver's license OR
  4. Any government issued ID card

Address Proof: ( Any 1 of the following)

  1. ID's bearing residential address OR
  2. Tax Bills OR
  3. Utility Bills OR
  4. Voter Rolls OR 
  5. Bank Statements
1. Verification could take 24-48 hours under normal business conditions.
2. You can check the verification status by clicking on verification tab on your dashboard.
3. All utility bills should be dated within the last 3 months.

**It is absolutely safe to submit your documents for the purpose of KYC. Please refer to clause 15 (Data Protection) & 16 (security) of the Customer Agreement for further details.


Please ensure that you take a clear selfie of your face, which will be compared with your identity document.  We are unable to accept black-and-white or low-quality photos/scans, or screenshots of identity documents. 

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