How to Get Verified on PayBitoPro

PayBitoPro is a US-based crypto exchange platform that is globally recognized for its many accolades. Once you sign up as a user in PayBitoPro’s crypto exchange, it is easy to complete the verification procedure. Therefore, after your PayBitoPro account is created you need to get verified by submitting your Identity documents and Bank details. Moreover, verifying your account will allow funds to be deposited and trades to be made.

Steps to be a verified user.

Identity Verification:

• Sign in to your PayBitoPro account.
• Click on Identity verification on the left side of the page.
• Submit details and click on save changes.

Bank Details:

• Account Holder’s Name
• Bank Name
• Account Number
• Routing No/IFSC Code/IBAN No

Why is it Important to Have a Verified Account?

With the increasing demand for cryptocurrency users, the need for robust identity verification is the need of the hour. Let’s discuss why it is important to get verified on crypto exchanges. Moreover, we will discuss how to prevent scams or loss of funds on the crypto exchange.

Know Your Customer (KYC) Verification

Verifying your account on an exchange is important to ensure that you are a legitimate customer. Therefore, with the help of the “Know Your Customer” (KYC) check the process is successful. Which verifies user identity, and age, and helps prevent fraud. By going through this process, you will be verified. Moreover, you can gain access to the exchange’s trading features and also help ensure the safety and security of your account and transactions.

Verified Documents

Verifying customer documents is crucial for exchanges that deal with fiat currencies like the US dollar or Euro. Furthermore, it is necessary to comply with government regulations. Moreover, to ensure that the documents provided by customers are genuine and not counterfeit. Manual and automatic methods are available for document verification. However, manual verification is more thorough while automated verification is quicker but less reliable. Overall, it is important to verify documents to maintain compliance and ensure the safety and security of the exchange.

Verified Phone Number

Phone number verification helps to prevent fraud and abuse on an exchange. Some people use fake phone numbers or identities to make trades. Thereafter, this can cause a loss of funds for everyone involved. There are different ways to verify a customer’s identity and ensure utmost safety.

With the help of the above texts, and images, users can easily get verified on PayBitoPro.