When is identity verification (KYC) required?

Learn when identity verification (KYC) is required on CoinProp. Verification is only requested for reward-eligible users and is not required to purchase or participate in simulated trading evaluations.
Written by Team CoinProp
Updated 3 days ago

Identity verification (KYC) is not required to purchase or participate in an evaluation.

You can access CoinProp’s simulated trading evaluations and platform features without submitting identity verification documents.


When verification may be required

Identity verification may be requested only if you become eligible for performance-based rewards under a separate program agreement.

Verification may be required before:

  • Receiving performance-based rewards
  • Entering a funded-stage program agreement
  • Processing reward payouts

This step helps confirm account ownership, prevent fraud, and support compliance with applicable policies.


Verification provider

When identity verification is required, CoinProp uses Veriff, a secure third-party identity verification provider.

Veriff may request:

  • A government-issued identity document
  • A facial verification (selfie or short video check)

Verification is completed through a secure interface provided by Veriff.

Evaluation access does not require verification

Purchasing or participating in a simulated evaluation does not require identity verification.

Evaluation purchases provide access to software-based simulated trading tools and evaluation services, and no user funds are deposited or held.


Privacy and data protection

Identity verification data is processed securely through Veriff and handled in accordance with the CoinProp Privacy Policy. Information is collected only when necessary for verification and compliance purposes.

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