Crypto exchange Changelly partners with Sum&Substance for KYC
Non-custodial cryptocurrency exchange service Changelly, announced today that is has partnered with Sum&Substance, an AI-based ecosystem, which allows online services around the world to meet regulatory requirements, prevent fraud and enhance customer confidence.
The Sumsub KYC check will be implemented directly inside the exchange process so that Changelly users won’t need to leave the familiar interface and interrupt the swap. Before performing a transaction, the Changelly system will prompt the user for a photo of his ID and a selfie with it. All the pegged documents will be scanned automatically and the whole screening process will take from 5 to 10 minutes.
Changelly users will only need to pass KYC verification once to continually be able to swap any crypto amounts in the future.
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