User KYC

About KYC

KYC (Know your customer) means fully knowing your customer. It is an enhanced review of account holders. It is the institutional basis for anti-money laundering to prevent corruption and understand the legality of the source of funds.

ChainUp provides two methods: Platform Verification and Third-party Verification:

• Platform Verification: The exchange system’s own KYC certification requires the administrator to manually conduct KYC review.

• Third-party Verification: Simplifying your KYC/AML routine through third-party services gives users faster access to your services while minimizing risk. Currently, the exchange has integrated Sumsub, a world-renowned KYC system service provider with high recognition and usage in the market. Binance, Bybit, Huobi, and gateio are all using it.