How to KYC on Coco.game
KYC is one of Coco's most important process in compliance with legal and regulatory requirements
Know Your Customer (KYC) is an important procedure Coco uses to confirm who its users are. This is a rule from the government to stop bad things like stealing identities, fraud, and illegal money activities. But sometimes, users have problems when they try to do KYC, and their submissions don't work. This article will explain each step carefully to help you do KYC the right way.
What is KYC?
Know Your Customer, or KYC, is a regulatory requirement in many industries, especially those dealing with financial transactions. KYC procedures involve the verification of a customer’s identity to mitigate risks of fraud, money laundering, and other illicit activities. KYC ensures that businesses know who their customers are and can demonstrate due diligence in verifying this information.
The importance of KYC for Coco users
While KYC might seem inconvenient, it offers significant benefits. Primarily, it prevents fraudulent activity by verifying all users, which helps Coco.game detect and deter potential fraudsters, safeguarding legitimate users and their funds. Additionally, KYC procedures ensure Coco.game complies with legal and regulatory requirements, protecting the platform from legal repercussions and enabling it to continue serving users.
A step-by-step guide to successfully completing KYC
Step 1: Fill out Basic Information
Visit the Coco page at https://coco.game/accounts/verify. Here, you will be required to fill out the following basic information:
Full name and last name
Gender
Date of birth
Address (Location, city, postal code, country)
Make sure that the information you provide matches the details on your identification documents.
Step 2: Upload a Valid Government-Issued ID
The ID document should contain your full name, date of birth, your photo, and the document's expiration date. It should be clearly visible when scanned or photographed.
Step 3: Upload a Photo of Yourself
Upload a photo of yourself holding your passport or ID and a piece of paper with 'COCO.GAME', your username, and the current date written on it. Ensure your face and the information you're holding are clear.
Checklist for Step 4
Hold your ID proof in one hand. Make sure the ID is facing the camera and is clearly visible.
Hold a piece of white paper in your other hand. On this paper, write "COCO.GAME", your username, and the current date. Ensure your handwriting is clear and legible.
Take a photo of yourself holding these items. Your face, the ID, and the information on the paper should all be clearly visible in the photo.
If you encounter any issues or need further clarification, don't hesitate to reach out to the support team at support@coco.game. They are always ready to assist you.