KYC & Audit at BSCBay
At BSCBay, Know Your Customer, or KYC is the process of identity verification to ascertain that the person speaking to us is really who she/he says they are. How does it work? The identities of at least one team member and their connection to the project are determined by submitting ID documentation (Passport, National ID) to an automated platform. This is similar to the KYC process needed when opening up a trading account on a major exchange like Binance, for example.
The KYC process aims to rid our platform of scams and rugpulls by acting as a deterrent for dubious devs. If any of the KYCed project’s team members scams investors:
- We will reveal their identities.
- We will make this information public for those wanting to file criminal charges.
To investors: If you have serious reservations about a project, and you have proofs that the project is a scam, please contact us ASAP, supplying as much evidence as possible. We will go through the claim and let you know the result of our investigation.
To project owners: If you want investors to trust you, we highly recommend that you approach our KYC Manager on Telegram and apply for KYC verification. This will bring legitimacy to the project. KYC may take 24 - 48 hours so please contact us asap.The KYC service on BSCBay is another of the great features making our platform the best launchpad available. It will also help further in cleaning up the crypto industry, making people realize that they are accountable for their actions, even in a decentralized world.
Please contact @babypinkpink on Telegram for the KYC badge on BSCBay.
Important Disclaimer: A project receiving the KYC badge does not mean in any way that we approve or recommend that project, even if we host an AMA with them.
Please always DYOR before investing, remembering that BSCBay is a decentralized platform.
If you're looking for an audit service, please contact one of the following services:
Please contact @babypinkpink on Telegram for adding audit badge. It may take up to 24 - 48 hours so please contact us ASAP.