To be able to use all the capacities of the exchange, clients must undergo the verification (confirmation) of personal data according to the KYC system (i.e. Know Your Customer). This is a compulsory procedure to provide licensed financial services in accordance with international law to counteract money laundering and terrorism.
The system of information security of the LocalTrade Company is compliant with the standard ISO 27001, and data centers storing the data support the standards TIA-942 and PCI DSS. Personal data of the clients after verification is fully secured and is not transmitted to third parties.
To start the verification, go to the personal account (Profile) and click ‘Verification’.