KYC Verification Guide

Category: guides · Updated: July 30, 2026 · Tags: KYC, verification, identity, compliance, tiers

KYC Overview

Know Your Customer (KYC) verification helps build trust on the platform. While basic buying and selling does not require KYC, verified users enjoy higher transaction limits, enhanced trust scores, and lower fees.

KYC Tiers

Tier 0 — Anonymous

Email verification only. Limited transaction sizes. Participation Score: 0 points from KYC.

Tier 1 — Email/Phone

Phone verification plus social media follow (Twitter/Telegram). Participation Score: +5 points.

Tier 2 — Verified

Tier 1 requirements plus address verification and document upload (OCR), plus anti-money-laundering (AML) and politically-exposed-person (PEP) screening. Participation Score: +10 points.

Tier 3 — Identity (final tier for individuals)

Tier 2 requirements plus a government ID and facial scan verified through Persona. This is the highest tier you'll ever need as an individual — it's also what's required to run a validator. Participation Score: +15 points.

Tier 4 — Business Entity (not required for individuals)

For business entities only. Individual users never need this tier, and it is not required to run a validator — Tier 3 is the final tier for individuals.

How to Verify

  1. Navigate to Settings > Verification.
  2. Select the tier you want to achieve.
  3. Follow the on-screen instructions to submit required documents.
  4. Wait for verification (processing time varies by tier).

Privacy

Personal documents are not stored on the blockchain. Verification data is encrypted and only accessible to authorized verification nodes.

Benefits of Higher KYC Tiers