Dear CoinCola users,
We are now excited to disclose that CoinCola is launching a new KYC (Know Your Customer) system, it enables a simple and efficient identity verification process. All you need to do is to grab a smartphone installed CoinCola app, shoot and upload your ID document in good lighting.
To guarantee that we offer a trustworthy and powerful verification system, CoinCola is lining up with Onfido, an awarded identity verification and fraud prevention technology company. If you have a smartphone with a built-in camera, Onfido can use it to compare and cross-reference your facial biometric with your identity document, such as passport, national ID card, etc. It uses manual and artificial intelligence (AI)-powered identity verification and authentication services to verify documents and do selfie checks to prevent fraud. By adding Onfido’s identity verification, CoinCola is building up a safer cryptocurrency trading marketplace for every user.
Currently, CoinCola has a simple account tier structure. For retail users, the volume limit is 1,000 USD if your account did not get verified, and once your account gets verified there shall be no limit on your account. For merchant users, you must complete identity verification.
If you have any issues about our new KYC system, please reach us at firstname.lastname@example.org.