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How to start the verification process and all about verification levels
How to start the verification process and all about verification levels
Kuna Support 3 avatar
Written by Kuna Support 3
Updated over a week ago

1. How to start verification?

To start trading, we require you to pass verification. There are 4 levels of verification: Start, Basic, Advanced and Pro.

To start verification you need to:

  1. Prepare the necessary documentation and information;

  2. Log in your User account on kuna.io;

  3. Follow further instructions from our KYC provider or Customer Support Team.

2. Learn more about verification levels

There are 4 levels of verification: Start, Basic, Advanced and Pro. For convenience, we have prepared a table with differences in verification levels.

Basic

Advanced

Pro

Fiat deposit, withdrawal and trading

15 000€ per day

100 000€ per day

No limits

Trading

No limits

No limits

No limits

Kuna Code/International Transfer

YES

YES

YES

Cryptocurrency deposit

No limits

No limits

No limits

Cryptocurrency withdrawal

500 000€ per day

1€ million per day

No limits

3. What documents are required for each level of verification?

The list of documents for each verification level will be different. The bigger amounts you operating with, the more documents you will need to provide. We have prepared a table with the necessary documents and information for each level.

Basic

Advanced

Pro

Email

Country of living

Full name

Date of birth

Citizenship

Tel. number

Liveness Check

Employment data

just check the box

just check the box

just check the box

Source of funds

just check the box

just check the box

just check the box

Planned trading amount

just check the box

just check the box

just check the box

Payment methods

just check the box

just check the box

just check the box

Proof of address

Proof of source of funds

4. What documents are required to open a Business Account?

For your convenience, we have prepared an approximate list of documents (and information) that will be needed to open a Business Account. Please note that we may request additional documents from you if necessary.

Document Type

Corporate

OTC

Passport details of the director(s), shareholder(s), official representative + Liveness Check + proof of address

Confirmation of the right to representation

Register of directors/shareholders

License confirmation (if available)

AML policies and other applicable policies

Proof of source of funds

Contracts with business partners (at least 5)

Proof of domain ownership

Information

Website

Description of the product/service

Countries of operation

Top 5 business partners

Types of clients you service

Number of individual/corporate clients

Please see the list of documents and information required for merchant verification.

Document Type

Individual

Legal Entity

ID, Passport or Driver License

for directors/shareholders/ official representatives

Proof of address

for directors/shareholders/

Liveness Check

for directors/shareholders/ official representatives

Confirmation of the right to representation

No

for official representatives

Passport details of the director(s), shareholder(s) + Liveness Check + proof of address

No

Register of directors/shareholders

No

License confirmation (if available)

No

AML policies and other applicable policies

No

Proof of source of funds

No

Contracts with business partners (at least 5)

No

Proof of domain ownership

Information

Website

Description of the product/service

Countries of operation

Top 3 business partners

top 5

Types of clients you service

Number of individual/corporate clients

You can also read the flow verification of a legal entity using this link.

5. How long does business account verification takes?

Your application may take two weeks or longer to process.

Please provide all documents requested in the application form to expedite processing. Verification period may be extended if our Customer Support Team requires additional information or documentation.

We can only begin processing your application once we have received all of the required documents.

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