We have made some important updates to our Identity Verification levels, please read on so you are aware of the requirements.
Why is Identity Verification important?
Identity Verification, sometimes known as KYC (Know-Your-Customer), is a standard practice for any company providing financial services – yes, even decentralized companies like ours. We have a strict obligation to protect members of the hi ecosystem against fraud and anti-money laundering, so we take identity verification very seriously.
If members want to withdraw, deposit, buy or sell cryptocurrencies on the hi platform they will need to pass identity verification.
Thanks to modern technology, we make this a painless process for most members. Watch this video as Sean explains a little more about the process you can expect and the partner we work with to make this a secure and frictionless experience for the majority of members.