Official paperwork can be a tedious process, especially when you are purchasing financial assets of any kind. This is true for all who are willing to make an investment in the stock market, real estate or ICO. As per the investment guidelines, it is mandatory for all users to go through the KYC process before participating in the HashGains token sale. KYC, which stands for ‘Know Your Customer’ is a term you have heard before and as an online user, you would be aware that this is a customer identification program which authenticates your identity and maintains a record of the same.
The KYC verification is the only means to check the source of funds raised during the ICO token sale and this is done by authenticating the investor’s identity and citizenship.
A lot of time has been spent on debates and discussions as to what would be the benefits of the KYC process. While initially this was only meant for PayPal and Credit Card users, HashGains has finally decided to go for a global adoption.
KYC Verification Process
After you have registered yourself on the HashGains ICO website, visit your account dashboard and kindly provide your ERC 20 wallet address and the amount that you wish to invest. Once you have made a valid entry, you will be redirected to the KYC verification page where you can update your identity proof (passport, driver’s license, etc.). Once you have uploaded your ID proof, HashGains will ask for your photo. You can click a selfie and upload the same. Make sure that the copy of your ID proof has been properly scanned and your face is clearly detectable in the picture. Upload a single image, otherwise your KYC authentication will be rejected.
You will receive an email confirming that your identity has been successfully verified. You can then proceed with the ICO purchase.
Before you register for the HashGains ICO, kindly read all the terms and conditions of the token sale. For any issues, you may post on our Telegram community https://t.me/hashgains.
Source: https://medium.com/@hashgains/kyc-update-mandatory-for-hashgains-ico-purchase-d5e1778570db