1. Help Center
  2. P2P
  3. Security & Account Verification

Why do I need to go through Identity Verification to complete my P2P transaction?

P2P transactions are trades that are carried out directly between two users. When the buyers' and sellers' orders match, both parties must verify their identities through real-time 'KYC'.

This is so the system can confirm that the person sending fiat currency to your account is the same person you matched with on the platform.