Know Your Customer (KYC)

The Phemex Know Your Customer (KYC) process is a safe and straightforward way of verifying your identity on our platform. Identity verification will provide users with increased security and access to additional features and benefits. To learn more about KYC on Phemex, please read “What is KYC on Phemex? (Identity Verification)” To verify your identity on Phemex, simply complete the following steps: 1. Register or log in to Phemex.com 2. On the right hand corner of the website, click on the circular icon to go to your Account. 3. On the left side of the page, click on Overview, where all your profile...

What is KYC? KYC stands for “Know Your Customer” and is a form of identity verification that allows financial institutions to confirm the identity of their customers. The process requires some form of an identity document, such as a passport or valid ID card. The necessary identification documents vary by institution and geographic location. Despite slight differences, the KYC process always serves the same purpose. The core components of KYC are data collection and verification. Customer due diligence and continued monitoring are also part of the process. KYC broadly comprises three procedures. First, the institution collects and authenticates customer data....

The Phemex Know Your Customer (KYC) process is a safe and straightforward way of verifying your identity on our platform. Identity verification will provide users with increased security and access to additional features and benefits. To learn more about KYC on Phemex, please read “What is KYC on Phemex? (Identity Verification)” To verify your identity on Phemex, perform the following steps: Open the Phemex App and log in to your account. Tap the Account Icon on the top left of the screen. Tap the KYC verification option. Tap the Verify option. Tap Start when ready to continue with the steps...

To apply for Entity Verification, please prepare the following documents: Certificate of Incorporation. Memorandum and Articles of Association. Register of Directors/Certificate of Incumbency/Business Registry or equivalent. This document needs to be issued within the last 12 months or else it will be considered invalid. This document needs to include information regarding the company’s current directors. Register of Members(Shareholders)/Certificate of Incumbency/Business Registry or equivalent. This document needs to be issued within the last 12 months or else it will be considered invalid. This document needs to include information regarding the company’s current shareholders. Ownership Structure. Please indicate information of all the...

The Phemex Know Your Customer (KYC) process is a safe and straightforward way of verifying your identity on our platform. To learn more about KYC on Phemex, please read “What is KYC on Phemex? (Identity Verification)” Phemex offers 2 types of KYC; Basic and Advanced. In the event you accidentally made a mistake during the Basic KYC phase, you would still be able to make amendments during the Advanced KYC. To edit your Basic KYC, follow these steps below: Log into your Phemex account. 2. On the right hand corner of the website, click on the circular icon to go...