To comply with international financial regulations and ensure the safety of all users, Algosone requires every account holder to complete KYC (Know Your Customer) verification. This process confirms your identity and protects against fraud, money laundering, and unauthorized access.
Why KYC is Important
Security: Prevents unauthorized users from accessing your account.
Compliance: Ensures Algosone adheres to global financial standards, including AML (Anti-Money Laundering) laws.
Access to Features: Withdrawals and certain advanced features are only available after KYC is complete.
What You’ll Need
Before starting the process, prepare:
A valid government-issued ID (passport, driver’s license, or national ID card).
A proof of address document (utility bill, bank statement, or rental agreement issued within the last 3 months).
Step-by-Step Verification Process
Log in to Your Account
Go to your dashboard and navigate to the Verification section.Upload Your Documents
Select the type of ID you want to provide.
Upload a clear photo or scan of the front and back (if applicable).
Upload your proof of address document.
Submit for Review
Once uploaded, your documents will be reviewed by Algosone’s compliance team.
How Long Does It Take?
Standard processing time: 24–48 hours.
In some cases, it may take longer if documents are unclear or additional checks are needed.
Common Issues & Fixes
Document Rejected? Ensure your photo is not blurry, all text is visible, and the document is valid (not expired).
Address Proof Not Accepted? Use recent official documents with your full name and address clearly displayed.
Still Pending? Contact support if your verification is under review for more than 72 hours.
Security Note
Algosone uses bank-grade encryption to protect your documents. Your personal data is kept private and is used exclusively for compliance and account verification.