What Is BitInterpay?
While it’s a relatively new platform, BitInterpay is a developing platform that provides secure and convenient tools to aid financial activities and allow customers to enjoy easy and prompt operations with cryptocurrencies. The company operates in the EU where it develops a range of ambitious projects related to the expansion of its business.
It aims to create a functional platform that allows customers to conduct different operations with cryptocurrencies and electronic assets, including exchange and payments. BitInterpay also collaborates with both individual users and online platforms.
The aim of BitInterpay is to develop a safe, next-generation financial ecosystem using the latest financial and blockchain technologies. The platform focuses on values such as responsibility, affordability, convenience, and innovations to drive success. BitInterpay offers secure cryptocurrency wallets and prompt purchase and sale of cryptocurrency credit cards. As such, its customers can access their financial assets on the go through a user-friendly mobile app.
BitInterpay Verification Stages
BitInterpay often asks its clients to use only real data and verify their identity with documents, in order to comply with the KYC/AML international standards. As such, all members on the platform must pass verification stages, which require two or three minutes and a couple of photos.
The platform provides a systematic guide on how to pass KYC together with the main stages of the validation process and the description of the most common mistakes.
Once on the account-opening page, simply click “proceed” and follow the prompts on the screen.
Regarding the international KYC standards, users can verify their identities using any official government document such as ID card, passport, or driving license. After taking a photo or scanning the document, send the pictures using the form. When taking a photo, please note the following:
- All corners of the document should be visible in the photo
- The text in the document should be easy to read. The photo should bear no highlights or stains. The system does not accept low-quality picture.
- If the document has two pages or two sides, both sides and pages must be attached.
- The document must be valid for at least one month. The system does not validate an expired document.
- The system does not accept documents corrected in the graphics editors.
- The system accepts JPEG or PDF files no less than 500 KB
- It’s preferable to have the document in Latin. The system doesn’t accept hieroglyphs and ligature.
Once the photo procedure is complete, you need to take a selfie photo with the same document. That way, the system can confirm that the document belongs to the owner. At this stage, the system will not accept only a photo of the document, without the owner in the picture.
Important information about BitInterpay
Both the selfie and the photo in the document should display a visible face. This allows the algorithm to identify the features correctly. Besides, the photo must be of a decent quality and the text readable. After the third step, the system will analyze your document and photo and give you a result of the verification within five or ten minutes. For any questions regarding the verification process, members can contact the support.
- Source: First Appeared Here
- Published Time: 2019-06-04 07:42:19
The views and opinions expressed in the article BitInterpay Bitcoin Wallet: Safe Crypto Asset Storage? do not reflect that of 48coins, nor of its originally published source. Article does not constitute financial advice. Kindly proceed with caution and always do your own research.
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