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For the preparation of the possible reactivation of the Wazirx platform (which remains Singapore’s high court sanctions on the scheme of the agreement, we roll the mandatory processing process. This Re-Kyc process is in line with the latest instructions issued by the Financial Intelligence Subdivision (FIU-IND) in accordance with the prevention of money laundering (PMLA 2002).
Please note that this is not only a Wazirx initiative. Regular Re-KYC is a mandatory requirement for all crypto exchange in India. All users are strongly encouraged to complete your Re-Kyc as soon as possible without which access to a particular platform functions may be limited. Additional information will be provided properly in terms of functional restrictions on re-qualified.
Please contact KYC policy for more details.
Re-Kyc Process Review
We need a platform users to complete the Re-Kyc process to ensure compliance of applicable laws.
Here’s how to complete the Re-Kyc process.
Open the Wazirx app; The flyer prompts you “Complete your KYC“
You will have two options.
- Update now
- Switch now
a. If you choose Update nowYou will be redirected to the following screen where you will see two options: right and wrong.
b. If you choose Switch nowYou can continue to use the program as always, subject to certain function restrictions, for which it will be provided in more detail in the proper process. Otherwise, in case of your convenience, you can travel to “Settings” Section and click “Fill your KYC” the process of initiating the process.
What happens by clicking “Update Now”?
When clicking “Update Now”, you will be used to see a page where you can see Kyc details earlier, as well as both options, correct and wrong.
Case 1 – When click “Right”
If all the details are accurate click “RIGHT” to continue.
The next steps, you have to do.
- Identity check
- Share Basic information (both occupation, etc.)
- Self-proclaimed.
“Confirm and Continue” clicks your status now to show as “RE-KYC Review”. The performances are generally reviewed within 24 hours.
Case 2: When press “Error”
In case of any changes in the KYC main details provided earlier, click on “Wrong”.
You will be redirected to the following screen where you need to reffy your updated Kyc details (including frying pan, passport, etc.) followed by self-check, basic information and self-proclaimed.
After completing your status will now be displayed as “KYC Review” – generally reviewed within 24 to 48 hours.
RE-KYC schedule and reminder
The Re-Kyc process is an annual requirement for all platform users. We must make this process as simple and uninterrupted as possible.
Proposed year to ensure a primary trade experience, we will Remind you 30 days in advance To re-establish your details.
By keeping your KYC up to date, you help to maintain the safety and compliance of the platform, continuing to enjoy the flawless trade.
: Open the Wazirx program and complete your Re-Kyc today.
We appreciate your cooperation to help us maintain a secure and corresponding crypto platform. 🙏:
Refusal. Cryptocurrency is not a legal competition and is currently unresolved. Kindly ensure that you value sufficient risk when they trade cryptic actions, as they are often subject to high volatility of prices. The information provided in this section does not present investment advice or a formal Wazirx position. Wazirx reserves the right to change or change this blog post at any time and for any reason and any reason.
