Keep your crypto exchange compliant and secure

Most crypto users want to transact anonymously. This introduces a challenge for KYC as users are reluctant to provide comprehensive identifying information.

Using image capture technology as a means of identification reduces the amount of information your user has to manually type in. No need to write out long names and addresses or ask users for unnecessary information. With a few quick snapshots, you’re able to identify and verify users with confidence.

As users are flocking to crypto, fast growth comes with the inevitable challenge of scaling quickly and safely. Fraudsters are targeting the industry, and regulators are demanding transparency and controls. Your KYC process is crucial for onboarding good users quickly and keeping their coins safe.

Smile ID's advanced fraud detection system uses biometric verification tools and AML checks to detect and prevent fraud more effectively. Smile ID has caught over 1M fraud cases using biometric face matching on crypto platforms.

The cryptocurrency industry is booming in Africa and attracting a lot of regulatory scrutiny from governing bodies. There are more stringent regulations accorded to crypto because of its anonymous nature and explosive growth.

Automating KYC/AML processes with Smile ID helps you navigate complex regulations more easily than ever before. We ensure your crypto exchange complies with local and international regulations, letting you focus on growth while maintaining regulatory standards.