Paxful is a cryptocurrency trading platform that requires users to complete verification processes before buying Bitcoin. This is to comply with know-your-customer (KYC) and anti-money laundering (AML) regulations.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    Carolina
    Tue Dec 24 2024
   
  
    ID verification is necessary to comply with regulatory requirements and prevent fraud.
  
  
 
            
            
  
    
    Federico
    Tue Dec 24 2024
   
  
    These verification processes help us maintain a secure and trustworthy environment.
  
  
 
            
            
  
    
    SakuraWhisper
    Tue Dec 24 2024
   
  
    Users are required to complete a series of verification steps before utilizing our platform.
  
  
 
            
            
  
    
    Valentina
    Tue Dec 24 2024
   
  
    Once all verifications are complete, users can access their wallets.
  
  
 
            
            
  
    
    CryptoVisionary
    Tue Dec 24 2024
   
  
    Email verification is a crucial part of the process, ensuring that users have access to a valid email address.