We know verifications and document submissions can be a huge hassle , but it is part and parcel of building a safer financial system – and cryptocurrency landscape.
With the addition of MyInfo, as part of our enhanced Know-your-customer (KYC) or account verification process, all Singaporeans can now enjoy almost-instant verifications with SINGPASS on Coinhako.
What is MyInfo?
MyInfo is a government service for Singaporean Citizens and Singaporean Permanent Residents (PR) to manage the use of their personal data for online transactions – such as controlling and consent to the sharing of their data. This allows users to enjoy quicker verifications for online transactions, by reducing the time spent on matters such as form-filling and providing for documents for verification.
With this, Coinhako users that are Singaporean Citizens and/or Singaporean PRs now have the option to complete the bulk of their account verifications simply by logging into MyInfo with their SINGPASS, and consenting to share the data with us.
How can you get verified on Coinhako with MyInfo?
This process is almost instant, and you will be able to make your first Bitcoin trade – or for any other supported Tokens on Coinhako – in only a matter of minutes!
- Log into your Coinhako account
- Select the Wallet tab and click on Verify Account
- You will be redirected to your Settings page. Select Identity Verification on the left panel.
4. Select “MyInfo” as your option for identity verification to enjoy a quick and hassle-free verification process!
The addition of MyInfo is not only a great addition to our suite of verification services for users, but also further demonstrates our years of commitment towards building a more accountable cryptocurrency landscape in Singapore.
These will be crucial in securing our position as a Licensed Operator in Singapore and the continuity of our Bitcoin and Cryptocurrency services for many more years to come.
Do stay tuned with us!
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All opinions expressed here by Coinhako.com are intended for educational purposes, taken from the research and experiences of the writers of the platform, and should not be taken as investment or financial advice.