Best Step-by-Step Guide to Complete KYC Identity Verification on CoinSavi Exchange –

In the ever-evolving world of cryptocurrency, security and regulatory compliance are paramount. KYC (Know Your Customer) identity verification is a crucial process that ensures the authenticity of users on crypto exchanges like CoinSavi. In this comprehensive guide, we will walk you through the steps to complete KYC identity verification on CoinSavi Exchange, enabling you to access a wide range of benefits and trading opportunities.

Also read: how to mine Savi token on Coinsavi exchange app 

Why KYC Identity Verification Matters

Before delving into the steps, let’s understand why KYC identity verification is so important, not just for CoinSavi but for cryptocurrency exchanges in general. KYC serves several critical purposes, including:

1. Enhancing Transparency: KYC procedures increase transparency, reassuring users that the exchange is proactive in safeguarding their assets.

2. Building Trust: Verified user identities build trust. Customers are more likely to continue using an exchange’s services when they know it’s committed to security and compliance.

Now, let’s explore the KYC Identity Verification levels on CoinSavi and how to complete them:

KYC Identity Verification Levels on CoinSavi

The level of verification you achieve directly impacts your trading capabilities on CoinSavi. Here are the two levels and their associated benefits:

Level 1: Verify Your Country

• Deposit up to 1000 USDT into CoinSavi wallet daily.
• Trade with a daily limit of 1,000 USDT.
• Withdraw up to 1,000 USDT daily.
• Enjoy extra bonuses from promotions.

Level 2: Verify Face and Identity Document

• Deposit up to 10,000 USDT into CoinSavi wallet daily.
• Trade with no daily trading limits.
• Withdraw up to 1,00,000 USDT daily.
• Access a wider range of trading products.

How to Complete KYC Identity Verification on CoinSavi Exchange

If you already have a verified Remitano account, the process becomes even simpler. Just click on “Link Account,” and CoinSavi will automatically synchronize your information. However, if you don’t have a Remitano account, follow these steps:

Kyc Level 1 – Verify Country

To attain KYC Level 1 verification status:

1. Log in to your app.

2. Access your “profile“.

3. Navigate to “identity verification“.

4. Within LV.1, select “verify.”

5. Choose your country and proceed by clicking “Continue.”

Kyc Level 2 – Verify Identity Documents

The identity document verification process consists of two crucial steps:

Step 1: Take a Photo of Your ID

• Choose your country of residence, ensuring it matches the information on your identification document.

 

• Upload a clear photo of your identification document, which can be an ID card, driver’s license, passport, residence permit, or you can use your BVN.

 

• Follow the on-screen instructions to capture photos of the front and back of your document, ensuring all information is visible.

For users verifying with BVN (Bank Verification Number)

• Enter your BVN number and click “Continue.”
• Provide your country code and phone number, then click “Continue.”
• Enter the OTP code sent to your phone number and click “Continue.”

Step 2: Verify Face

• Include your face in the frame without wearing hats, glasses, or using filters. Ensure proper lighting.
• Wait for the system to verify your document.

The system will notify you of the verification status, whether successful or denied. If denied, you can click “Re-verify” and follow the steps again.

By completing KYC Identity Verification on CoinSavi, you not only ensure regulatory compliance but also gain access to a wider array of features and trading options. Your journey to a secure and diverse cryptocurrency portfolio starts here. Trust in CoinSavi’s commitment to providing a seamless and trustworthy crypto experience.