How To Do KYC at Trophee
Get fully verified with few easy to follow steps.
Let’s define what a KYC is,
Know-your-customer/client, also known as KYC, is the process of verifying the authenticity of the customer. This has been a standard in the investment industry ensuring investment advisors know detailed information about their clients’ risk tolerance, investment knowledge, and financial position. It protects both clients as well as investment advisors. Clients are secured by having their investment advisor know which investments are ideal for them. Knowing what they may and cannot include in their clients’ portfolios protects investment advisors. Risk management, customer acceptance policies, and transaction monitoring are common needs and regulations associated with KYC compliance.
Note: KYC rules are not required in the cryptocurrency market, albeit some have been implemented for security.
Keep in mind that the ultimate goal of KYC is to confirm that a customer is who they claim to be and to prevent illegal activities, such as money laundering, funding terrorism, and tax evasion. If a cryptocurrency exchange fails to execute KYC, it may be held accountable for such illicit acts.
How does KYC work?
KYC is handled differently by each cryptocurrency exchange. The following is a list of the types of information you may need to supply during the KYC process (depending on the crypto exchange):
- Year of birth
- Social Security number
- Physical location/address
In addition, most trades require a photo of a legitimate government-issued identification card. A driver’s license, national ID, or passport can all be used. The exchange will utilize the information you supply, as well as a photo of your ID, to authenticate your identification.
In some cases, a crypto exchange may demand further verification. You may need to practice in that situation.
I know you are here for the Trophee KYC, so here we go!
Important Notes:
- You may do the TROPHEE KYC in any device including your computers and mobile phones and the process are still the same.
- At Trophee KYC, you will be asked to provide the following:
- Photo of any of these IDs (Passport, National ID, Driver’s license)
- Photo of yourself
- Your physical address (please make sure that the address you enter is the same as what is in your submitted ID to ensure verification)
- Ethereum address
In this case, we used mobile phone for the KYC.
Just follow these simple steps and you’re good to go:
Step 1
Go to Trophee features, Scroll down and search for the ‘check eligibility’ button and click.
Step 2
Hit on the ‘Blockpass KYC’ and select ‘Verify with blockpass’.
Step 3
Click on the ‘Start’ button and enter a valid email address. Continue.
Step 4
A message will pop-up saying a ‘Magic link’ was sent to your email. Go to your email inbox, open the message from the blockpass, scroll down and hit ‘Continue Registration’.
Step 5
Select which ID you prefer registering with and click the button. Launch the camera to start taking photo of your ID.
Step 6
Make sure that all four corners are visible and document is readable. Once satisfied, click on ‘use picture’. A “SUCESS” will appear once the system accepts the quality of the image.
Step 7
Check all details if correct and hit ‘Save’
Step 8
Next step is to take a picture of yourself. Click ‘Selfie’ and ‘Take a Picture’.
Step 9
Make sure that your face is clearly seen on the picture. Once satisfied, click on ‘use picture’. A “SUCESS” will appear once the system accepts the quality of the image.
Step 10
Tap on the ‘Address’ button. Enter necessary details, check, and hit ’Save’.
Step 11
Click on ‘Ethereum Address’ then ‘Add New Crypto Address’.
Step 12
Enter your Ethereum address and ‘Save’.
Step 13
Once you have finished all the processes, just tap on the ‘Register’ button and ‘Close and Sign Out’
Congratulations! You are now registered. On the e-mail you have provided, you will receive a confirmation while your registration is in review and when you are approved.
For a quick video tutorial of the Trophee KYC, click here.
Disclaimer: This article was provided “as is” without the intention to provide any investment advice. This article is intended for informational purposes only. Be diligent and always do your own research.
