Poolz KYC FAQs
W have put together some FAQs about the KYC process on Poolz.
1. Is KYC required for all projects
Answer:
No, only for projects that request it.
2. Why is Poolz requiring KYC?
Answer:
Poolz is not requiring KYC. There are various projects that require KYC for their public sale. Prior to our KYC integration, they could not conduct an IDO on the Poolz platform. Our new partnership now allows more projects to conduct their IDOs on the Poolz platform. This new integration is not taking any IDOs away. IDOs who don’t require KYC can continue to conduct their public sale on the platform as well.
3. What language is accepted for my KYC documents?
Answer:
Identification documents such as Driver’s License, National ID, Passports, the international standard is applied. These documents are already in English, so please submit them as is.
For proof of address verification, we have worked with our provider to ensure you can submit your documents in your local language as long as your name and address on the document match your identity document.
4. I don’t want to go through KYC; can I still participate in IDOs
Answer:
Sure! KYC is a requirement that varies from project to project. Many projects do not have a KYC requirement, so you can continue to participate in those projects.
5. I just staked my tokens! Will I still be able to participate in IDOs without going through KYC, or if I don’t meet the KYC restrictions?
Answer:
Absolutely! KYC is a requirement that varies from project to project. Many projects do not have a KYC requirement, so you can continue to participate in those projects.
6. I have already completed KYC with Blockpass before, do I need to go through the process again for IDOs on Poolz?
Answer:
Yes, if you completed KYC on another platform, you still need to complete the process through the Poolz Blockpass link.
However, once you complete the KYC process through the Poolz platform, you won’t be required to repeat it for every IDO. The one-time process applies to all IDOs that require KYC.
7. Do we have enough time to complete KYC for Raze?
Answer:
Woah! Now, this is one we’re working on. We understand it’s better to give sufficient time for the KYC process. So make sure you complete your KYC as soon as possible by clicking here:
That said, we are working with our IDO partner and KYC partner to see if we can work out a solution to provide more time for participants. Rest assured, we will do everything we can to take care of our community, including extending the KYC time for the upcoming IDO by 4 more days until the project’s DEX listing.
Important note:
We will be conducting an AMA in the next few days to share more information about all of the exciting updates that have been announced recently and some major updates to come in the not-so-distant future. 🧐
In the meantime, stay tuned and keep supporting Poolz.
Truly yours,
The Poolz Team.
Follow the latest updates on Poolz and Poolz IDOs here:
Telegram: https://t.me/PoolzOfficialCommunity
Telegram Announcements: https://t.me/Poolz_Announcements
Twitter: https://twitter.com/Poolz__
Website: https://www.poolz.finance/
Github: https://github.com/The-Poolz
