Our New & Improved KYC Process for Canadians
February 28, 2019
We’ve updated our KYC process for Canadians so that it’s easier to complete. Our KYC process is now split into two levels of verification:
Level 1 Verification:
Fund your Netcoins account up to a total of $500CAD via bank wire, Interac e-transfer or a Bitcoin deposit.
Level 2 Verification:
No limits on funding. Ability to redeem Flexepin, Neosurf and Netcoins vouchers. If you would like to fund your account with over CAD$3000, it has to be done by a wire transfer.
See below for an outline of our new and improved KYC process for Canadians!
Verify your email
CREDIT CARD PURCHASES ENABLED
Verify your phone number
Submit & verify personal details
Enter your full name, address and date of birth
LEVEL 1 VERIFICATION
Fund your Netcoins account up to a total of $500 CAD via bank wire or Interac e-transfer.
ID verification - upload documents
Upload a photo ID, proof of address document and a selfie to gain access to all features on the Netcoins app.
LEVEL 2 VERIFICATION
No limits on funding. Voucher redemption (Flexepin, Neosurf and Netcoins vouchers) is enabled.
This updated KYC process only applies to Canadians. The Netcoins portal remains in open beta. The experience will continue to be optimized for all our users with ongoing updates.