Introduction: Gate.io is an innovative online cryptocurrency exchanges that was founded in 2013. One of the unique selling points of Gate.io is that it offeers a wide range of altcoins that are hard to buy elsewhere. In this breakdown, we answer the most frequent questions regarding Gate.io KYC process and whether all customers are required to pass it.
To ensure the safety of its users, Gate.io has implemented a Know Your Customer (KYC) process for all of its customers. This process is designed to verify the identity of its users and to prevent fraud and money laundering. The processing time to pass Gate's KYC process can take between 30 minutes up to 12 hours.
Yes, KYC is mandatory for all customers who want to use the services offered by Gate.io.
Gate.io requires the following information in order to pass their KYC:
- Full name
- Country of residence
- Address
- Identity verification
- Facial recognition
- Proof of Address
It is not possible to trade on Gate.io without having completed and received approval on your KYC process. Having said that, we recommend using exchanges that don't require KYC like Bybit.