Government regulation states that, in order to operate, we must be compliant with KYC (Know Your Customer) and AML (Anti-Money Laundering) laws in the jurisdictions in which we operate. This means that every customer's documents are verified for validity and against risk lists.
All users must be approved on our full verification process, including personal and address verification which helps protect Dacxi users from theft or fraud and helps prevent abuse of the Dacxi platform. Your documents are not stored permanently on our servers, they are sent to our identity verification provider, that will analyze and give us a compliance confirmation for every user.
Depending on the country you live in, we might be required to send yearly reports of account balances to your country's regulators.
Check out how to get your account verified: