What is the KYC procedure and how to successfully go through it?

KYC stands for Know Your Customer. It is a procedure that takes place online to verify an individual’s identity. Fulfilling the KYC identification requirement is mandatory for anyone who wishes to be part of Taylor’s token sale.

Taylor
Taylor
Feb 2, 2018 · 2 min read
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The KYC procedure is a simple online process of identification. To be added to the whitelist and have access to Taylor’s token sale contribution address the participant will have to go through it. Participants will need to provide a high-quality image of a passport or government-issued ID. The procedure will take place online, in real time, and in most cases, the results will be almost immediate. The KYC procedure will start prior to the token sale launch and will be ongoing alongside it until its closure on March, 20th.

Taylor is implementing the KYC procedure to address concerns from specific countries regulators. Our team also believes that it symbolizes better business practice and it is beneficial to all parties involved in the token sale.

How to go through the KYC procedure

  1. Visit our official website and register for the token sale with your email address.
  2. You will receive an email from us to confirm the email provided during the registration. Confirm your email as soon as possible.
  3. Within the dashboard, you will be presented with the KYC and instructions on how to proceed.
  4. You will be required to provide a good-quality image of your passport or government-issued ID.
  5. Upon successfully identifying yourself via the KYC procedure, verified your email address and informed your Ether wallet you will be automatically added to the token sale whitelist.

What to do if the KYC identification procedure is unsuccessful

  1. Try again using a better quality image than before.
  2. Make sure that the image shows all the information contained in the document, and that it is clearly visible.
  3. Use an original image, uncropped, and unedited.
  4. You may also choose to use a different form of ID.

We are excited about Taylor’s token sale and we hope you are too!

The Taylor team thank you in for your interest and support. Together we will make crypto history.

We look forward to seeing you at the token sale.

Join us today

Find more detailed information about the Taylor service, and our upcoming token sale at https://smarttaylor.io.

Follow us on Twitter, Facebook or on your favorite social media platform to stay up to date with our latest news and announcements, as well as, our blog here on medium.

Feel free to post your questions, suggestions, and comments on our Telegram channel. We’re looking forward to hearing from you!

Taylor

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