Coast - Fiat On Ramp To PulseChain


Why do I need to submit so many documents to verify my account?

Know Your Customer (KYC) is a regulatory and legal requirement for banks and other financial institutions to identify and verify the identity of their clients. We do this to be compliant with various anti-money laundering (AML) and counter-terrorism financing (CFT) regulations. 

KYC is accomplished by verifying various documentation and information obtained from the customers against a pre-approved list of sources. The ultimate goal is to ensure that Coast is successful in keeping suspicious activity off our platform.

What's Next?