Bintense KYC Review: A Simple and Transparent Verification Process

This article and its content have been produced and disseminated for persons outside of the United Kingdom. The information provided is not directed at or intended for distribution to, or use by, any person or entity located within the UK. The financial products and services mentioned in this article are not eligible for the UK. Cryptoassets are classified as Restricted Mass Market Investments in the UK, meaning that they are high-risk investments and are not suitable for most retail investors. 

Bintense is a regulated Lithuanian cryptocurrency exchange that fully complies with local and international laws. Its primary goal is to provide a legitimate, user-friendly environment for buying and selling cryptocurrencies, such as Bitcoin and Ethereum. A key part of this commitment is its robust Know Your Customer process, designed to ensure compliance while providing a logic interface for customers.

The Bintense KYC Process

To use Bintense, you must complete a verification process tailored to your transaction amount. Here’s an overview of the steps:

Register and Create an Account

Begin by signing up for a free Bintense account. The process is quick and straightforward. Fill out the registration form, confirm your email address, and you’re ready to start.

Pass the Verification Process

Verification ensures that all exchanges on the platform adhere to regulations. The steps differ depending on your transaction volume:

Basic Verification: Requires a valid ID, such as a passport or driving license, and proof of address, such as a recent utility bill or bank statement.

Full Verification: For higher transaction volumes, additional documents are necessary, including:

• A signed Source of Funds form with supporting documentation.
• Identity verification through Veriff.com.
• A short video call to confirm your identity.
• Completion of a Purchase and Customer Satisfaction Questionnaire.

All submitted documents must be clear, in color, and unaltered. Compliance will not accept expired documents, black-and-white copies (except for proof of address), or blurred, cropped, or incomplete images.

Link Your Wallet

Bintense does not store cryptocurrencies or fiat currencies, ensuring greater privacy and independence for users. Instead, you must link your wallet to your Bintense account.

If you don’t already have a wallet, you can set one up on trusted platforms for Bitcoin, Ethereum, or multi-functional wallets supporting several cryptocurrencies.

Buy or Sell Your Cryptocurrency

Once your account is verified and your wallet is linked, you can select the cryptocurrency you wish to buy or sell and specify the amount.

Await Approval

After completing the steps, your transaction will be reviewed and approved promptly. While processing times can vary, Bintense ensures efficient handling of every exchange.

A Legitimate Exchange

Bintense is dedicated to providing a legitimate environment for cryptocurrency exchanges by adhering to strict regulatory standards. The platform’s thorough KYC procedures reflect this commitment, ensuring:

• Compliance with legal and financial regulations.
• A streamlined and controlled process for users to access cryptocurrencies.
• Transparency and trustworthiness in every transaction.

Customers can submit KYC documents through their Bintense account or the dedicated Compliance email. The platform emphasizes the importance of clear, original documentation to avoid verification delays.

Why Choose Bintense

For anyone looking to exchange cryptocurrencies in compliance with all legal requirements, Bintense offers a user-friendly process backed by robust verification standards. With its focus on simplicity, transparency, and adherence to the law, Bintense stands out as a trusted partner in the evolving world of cryptocurrency.