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How To Register On Coin Mama

Coinmama's account verification process helps us keep our customers rubber, fight fraud on the blockchain, and allows united states to comply with local regulations. Verification is something any legitimate cryptocurrency vendor or exchange will crave from its users before they allow them purchase Bitcoin online, and Coinmama is no different. In this article, we'll discuss why we verify your account and how to get verified to purchase cryptocurrency today.

Why nosotros verify Coinmama user accounts

The process of verification requires users to prove their identity by providing their personal details, scans of their ID cards, and a photo of them property that ID. This is requested for several reasons:

  1. Cryptocurrency may not be regime-backed tender, but it'southward still currency. Coinmama is held to many of the same standards and regulations equally any other financial service. So just like y'all need to evidence your identity when opening a banking company business relationship, you demand to do and then before yous tin purchase Bitcoin or other cryptocurrencies with Coinmama.

  2. There are, unfortunately, many scam artists in the earth of cryptocurrency. This is in part considering Bitcoin is a relatively new currency that many people don't fully understand, in role because people frequently see Bitcoin as a way to "get rich quick," and in part because of the perceived anonymity of cryptocurrency. Put those three things together, and it's easy to come across why scam artists employ cryptocurrency to prey on unsuspecting users. For that reason, at Coinmama we desire to make sure that when you purchase Bitcoin online, it'due south something you're really intending to do. Nosotros ask you lot for your identification and also for a photograph of yourself holding that ID as an extra measure of protection for you lot: if someone has stolen your ID, they won't be able to open an account without also providing a selfie photograph showing that they friction match the ID. And if you're being taken advantage of by a scammer, we promise the process of providing an ID besides every bit a photo holding it to signal your intent, will as well trigger you to call back carefully about your actions. Afterward all, Macy's never asked you for a selfie.

  3. We want to know you're really you! See #2 above. Having an uploaded image of your ID forth with a photograph of you property that ID protects you lot from identity theft and prevents someone else from impersonating you.

What is Coinmama Level 1 verification?

At Coinmama, we have different business relationship levels, which allow you to buy increasing amounts of cryptocurrency. Account levels are determined by the corporeality of personal information you lot provide. New users will upload documents to receive Level one verification, and as they approach their account spending limits, they'll be invited to upload documents for a Level two account.

How to become verified to buy Bitcoin online

Getting verified for a Coinmama business relationship is a uncomplicated process if yous have all the necessary equipment. Before you commencement, brand certain you have the following:

  • Your regime-issued photo ID such every bit your passport or commuter's license. Note that Usa customers may but utilize a commuter'south license or not-commuter's ID card for level 1 verification.

  • A slice of paper on which yous've handwritten "Coinmama" and today's date

  • A cell phone with a working camera.

First, create your account.

Head to Coinmama's sign-up page to create your account. Fill in your offset and last proper noun, email address, and state of residence to get started. Yous'll receive an email from the states with a link to confirm your business relationship. Click the link to kickoff the verification procedure.

Next, add your personal details.

Consummate the requested form, calculation your accost, telephone number, and date of birth.

Finally, upload your documents.

Choose the ID type you want to upload, based on your country of residence. Photograph the front and back with your cell telephone camera, making sure all four corners are visible, and that both the image and text are articulate, and so upload them to your account.

Next, write "Coinmama" and today'south date on a piece of paper. Belongings the newspaper and the ID you lot've just uploaded, take a photograph of yourself. Make certain your face, ID, and paper note are all clearly visible. Then upload the photo to your business relationship.

Once your documents are uploaded, click to submit them. A member of our verification team volition review your form and documents, and if everything looks ok, you'll be approved to buy Bitcoin online with Coinmama, often in as little equally fifteen minutes.

How To Register On Coin Mama,

Source: https://www.coinmama.com/blog/how-to-get-verified-for-a-coinmama-account-level-1/

Posted by: stewartupoessiond.blogspot.com

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