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▶ Individual Account KYC Introduction

Support Staff
  • Updated

WOO X is fully compliant with applicable anti-money laundering ("AML") laws. As such, Know Your Customer (KYC) due diligence is conducted when onboarding any new customer. WOO X has officially implemented the further identity verifications with three different tiers

Please see the table below for more details:

Level

Access

Requirements

Level 0 

View Only

Email Verification

Level 1

Full Access

2 BTC withdrawals limit/day
  • Full Legal Name
  • Current Address
  • Purpose of account
  • ID verification
  • Facial Verification

Level 2

Full Access

Unlimited withdrawals
  • Current Address
  • Proof of Address
  • Occupation
  • Source of primary funds
  • Source of primary wealth

 

[ Users from Ukraine, Russia, Taiwan, and Canada ]

In compliance with local anti-money laundering regulations, we specifically require users from Russia, Ukraine, Taiwan, and Canada to verify their accounts to level 2.

[ Compliance period for Beta Users ]

With the roll-out of the new identity verification policy, WOO X will implement a compliance period for users to complete their identity verification from September 20th to 00:00 on October 31st (UTC).

Please visit [ WOO X ] Notice of compliance period for Identity Verification (KYC) for more information.

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