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:
Prepare the necessary documentation and information;
Log in your User account on kuna.io;
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 |
✔ | ✔ | ✔ | |
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.