Why do I need to verify my ID again on MoonPay?
Explaining the security and compliance requirements for our third-party payment partner.
Christina Cooper
Last Update 5 bulan yang lalu
Even if you have completed KYC on Walletix, our partner MoonPay may ask you to verify your identity again. This is because MoonPay is a separate regulated financial entity that handles the actual conversion of your fiat money into cryptocurrency. Their verification ensures:
- Anti-Fraud Protection: Verifying your identity prevents unauthorized use of your credit cards or bank accounts.
- Global Compliance: MoonPay must follow strict international laws regarding the sale of digital assets.
- Safe Transactions: This extra layer of security protects both you and the network from suspicious activity.