Verification

Verification is not required in all cases. For standard and small exchanges, it is sufficient to provide the necessary details and confirm the transfer. However, for large amounts or regular transactions, the service may request identity verification to comply with legal requirements and ensure client protection. This helps reduce fraud risks and makes the service safer for all users.

Banks in Kazakhstan may request proof of identity or source of funds for regular or large payments. This is especially true for international transfers and cryptocurrency transactions. Verification is usually done through a mobile app or a bank branch.

The bank may request an employment contract, invoices, stock exchange statements, or documents on the sale of assets. For cryptocurrency transactions, confirmation of transactions and transfer history are sometimes requested. Such checks are most often carried out for large or regular receipts.