• FAQ
  • What is Identity Verification? Why is it not required on NC Wallet?

What is Identity Verification? Why is it not required on NC Wallet?

Identity Verification (KYC verification) is a procedure of confirming personal information and a user’s identity.

For example, such verification is mandatory for buying/selling cryptocurrencies for fiat money (with a bank card). At the current moment, NC Wallet doesn’t provide such services, which is why identity verification is disabled for our users.

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