With the growth of the cryptocurrency market, governments from around the world have proposed ways to avoid frauds and crimes that abound this unregulated market. One of the best ways to combat these online frauds and criminal activities is for online brokers to implement the KYC policy. KYC stands for Know Your Customer. The Idea is to prevent all types of frauds that are perpetrated by online individuals with hidden identities. They steal identity information of other customers, use their information for terrorism, evade taxes, and launder money.

EZDSK wants to make sure that it follows all these policies that have been designed for the safety of its traders, customers, and clients. As per the KYC policy, when you sign up with EZDSK, you will have to provide some information to prove your identity. As a broker, we want to make sure that every piece of information that you provide about yourself is 100% correct. Here are some of the documentation that you will need when signing up with us and withdrawing money from your online trading account on our platform.

The Documents Needed from Our Clients

Before you provide all your information on the website, be sure that our website is properly secured through SSL, so all your information is safe. Furthermore, the provision of this information is for your security only. Be reminded that there might come changes in this policy from time to time. EZDSK will ensure to implement those changes in order to abide by the ongoing legal practices and for the safety of its clients. Here are some of the documents that you will have to provide when you sign up with us.

IDENTIFICATION PROOF

ID proof: any one of the following
  • Passport
  • ID (back and front sides)
  • Any government issued identity card (such as driving license).
Proof of Payment: You will need to provide the back and front of the Debit or Credit card that you have used for the deposits.

The money that the government has made from the deal will have to be put in a bank account. However, a very important part of the process is involved at this point. The money launderer will hide its identity while putting the money in the bank account. For this purpose, the government will shake hands with a particular bank in the country. The money launderer will then create anonymous accounts or use accounts whose owners no longer use their accounts or have died. Many of these accounts are then used to launder a huge amount of money in small chunks.

Proof of Payment: You will need to provide the back and front of the Debit or Credit card that you have used for the deposits.
  • Front side – the first 6 and last 4 digits of the card number should be visible for security purposes.
  • Back side – the CVV should be covered and the first 6 and last 4 digits should be visible.
  • Some important information that includes your name, the first 6 and last 4 digits of your card number, and the expiration date should be clearly visible.
Address proof (2 documents from the following categories)
  • Utility bills – provided that they are no older than 3 months;
  • Bank/Telephone/credit card statements

The documents should be sent from the registered e-mail address. Alternatively, you can also send the documents to our address at: 8 Copthall, Roseau Valley, Commonwealth of Dominica,00152.

The KYC documents needs to be self-attested by you.

SENDING THE DOCUMENT – HOW TO

Sending the documents is easy. You can scan the documents if you have a scanner or use the services near your house. You can also take the pictures with your smartphone. However, you will have to make sure that the pictures have high quality and that every detail on the document is clearly visible in the picture as well. When sending the documents, you will know the format that is most suitable. Please make sure to send your documents only in the recommended formats.

Furthermore, there is going to be a time limit on how long you can take before you send the documents to us. If you take longer than the specified time, we may proceed with making your trading account with us inactive. As a result of that, you will no longer be able to perform the activities on the trading platform. At the same time, if you had requested a withdrawal of money from your account and it was in process at the time of the suspension of your account, the withdrawal will be canceled. The money will go in the account you have with us.

PROTECTION OF YOUR INFORMATION IS IMPORTANT TO EZDSK

The security of your information is important to us. We take all the possible measures to ensure the safety of your information when you provide it on our website and when we store it on our servers. We have proper SSL certificates installed on our website to ensure that every bit of information you provide us with is encrypted as soon as possible. We ensure that your information will not go to any other companies without your consent. However, we might share your information with the government or law enforcement agencies when they require the said information.

You can trust us for putting our best efforts in using the best and latest technologies for the protection of your information. Every piece of information you provide is as valuable to us as it is to you. We understand the risks of providing information on online website and hence we have the latest protocols in place to ensure the safety of your information at all costs.

Proof of Payment: You will need to provide the back and front of the Debit or Credit card that you have used for the deposits.

The money that the government has made from the deal will have to be put in a bank account. However, a very important part of the process is involved at this point. The money launderer will hide its identity while putting the money in the bank account. For this purpose, the government will shake hands with a particular bank in the country. The money launderer will then create anonymous accounts or use accounts whose owners no longer use their accounts or have died. Many of these accounts are then used to launder a huge amount of money in small chunks.