What is the average time for ID verification on cryptocurrency platforms?

3 answers

• Dec 17, 2021 · 3 years ago
  The average time for ID verification on cryptocurrency platforms can vary depending on the platform and the volume of verification requests they receive. In general, the process can take anywhere from a few minutes to several days. Some platforms have automated verification systems that can verify your ID instantly, while others may require manual review, which can take longer. It's important to note that the time it takes for ID verification can also depend on the accuracy and completeness of the information you provide. Make sure to double-check all the details before submitting your ID for verification.
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• Dec 17, 2021 · 3 years ago
  ID verification on cryptocurrency platforms usually takes around 24 to 48 hours. However, this can vary depending on the platform and the current demand for verification. Some platforms may have a backlog of verification requests, which can delay the process. It's always a good idea to check the platform's FAQ or support page for more information on their specific verification process and estimated timeframes.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, the average time for ID verification is typically within 24 hours. Our automated verification system allows for quick and efficient processing of verification requests. However, please note that during periods of high demand, the verification process may take slightly longer. We strive to provide a smooth and secure verification process for our users, ensuring the highest level of security and compliance.
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