Articles on: Store Features

KYC for seller &/or buyers

Know Your Customer (KYC) is a standard practice that many businesses adhere to. Therefore, when you set up an NFT Store on NFTically, you are allowed to make the KYC compliance mandatory for people entering into transactions via your store. Also, you may also verify yourself by filling out the KYC form that you may find through your account settings.

A KYC-verified profile helps in establishing trust and confidence which leads to healthy business practice. Therefore, we highly recommend all our store owners to enable this amazing feature of KYC for their NFT Store.

Enabling KYC for Buyers &/or Sellers for your NFT Store:

For enabling KYC for the prospective buyers and sellers, simply follow this quick guide:

Visit your store website and click on the third icon from the right.

When you hit the icon, a drop down menu will appear, select the ‘My Store Settings’ option.

This will take you to the settings page of your NFT Store. Check out the left side panel and select the ‘KYC Settings’ tab.

Upon clicking the ‘KYC Settings’ tab, the corresponding page will appear. Here, you simply have to enable the KYC feature for both buyer and seller by clicking on the button provided with both the options.

Once you have enabled KYC for both buyer and seller, you simply need to hit the ‘Save’ button to successfully complete the process.

This way you can enable the KYC for all the prospective buyers and sellers.

Complete your own KYC

You may also complete your own KYC through your NFT store. It is equally important to have a KYC-complied profile and hence NFTically makes it easy for you to get your KYC completed within minutes.

Follow the below steps to complete your KYC:

Visit your NFT store and click on the third icon from the right.

Upon clicking the icon, a drop down menu will appear. Select the ‘My Account Settings’ from the options list.

This would land you on to the Account Settings page of your NFT Store. Check out the left side panel and select the ‘KYC’ option.

The KYC tab will prompt you to complete your KYC. To proceed, click on the ‘Complete Your KYC’ tab.

The ‘Complete Your KYC’ tab will take you to the KYC Verification page. Agree to the stated terms and conditions on the page and hit the ‘Next’ button to proceed.

The next step would require you to provide identity documents. Begin by selecting the country you belong to.

After you select the country, choose the identity proof document that you would be uploading.

After selecting the identity document, upload it by clicking on the below button. For instance, if you select ID card as your preferred option for identification, then click on the ‘ID Card’ button and upload the front and back of your identity card by using the respective options provided below.

In case you do not have your identity card on your device and wish to continue with the process on your phone, you may do so by clicking on the ‘Continue on phone’ tab. You will be required to link your phone to the process either by using the given link or you may continue by scanning the provided QR Code.

Once you have uploaded your documents, proceed by clicking on ‘Next’.

The next step is to take your selfie. You can do it directly by using your device camera. Click on the ‘I’m Ready’ tab and do as directed.

In case you wish to use your phone camera, you can simply do that by clicking on the ‘Continue on phone’ button.

On successfully submitting your documents and selfie, you will be directed to the following page. Click on ‘Next’ to proceed further.

Once you submit all the required information and documents, and hit ‘Next’, a ‘Thank You’ message will appear which will be reflecting your application status. On successful completion, it will automatically update your verification status.

The verification might take a few minutes. It will automatically get updated once verified. You can come back and check anytime.

Updated on: 03/09/2021

Was this article helpful?

Share your feedback


Thank you!