KYC

Empowering Trust Through KYC at PowaDAP: Security and Transparency for All.

At PowaDAP, we prioritize the security and trust of our investors. We are committed to eradicating scams and rug pulls from the crypto space. To empower you to make well-informed investment decisions, we've equipped our platform with a range of tools and features.

While exploring the list of ongoing and past presales, you may have noticed that certain projects proudly display a KYC badge beside their names. In this concise article, we aim to shed light on the significance of KYC and what it means for all parties involved.

Demystifying KYC

In Powabit ecosystem, Know Your Customer (KYC) is the process of identity verification. Its primary purpose is to ensure that individuals represent themselves truthfully. This involves submitting official identification documents, such as passports or national IDs, to an automated verification platform. The KYC process here is similar to what you'd encounter when opening a trading account on a major exchange like Binance.

What's in It for You?

The KYC process serves as a deterrent against unscrupulous developers looking to deceive investors. If any member of a KYC-approved project's team engages in fraudulent activities: We will disclose their identities and we will make this information publicly available for those seeking legal action.

To Investors:

If you have valid concerns about a project and evidence of fraudulent activity, please reach out to us promptly. Provide as much evidence as possible, and we will investigate your claim thoroughly, keeping you informed of the outcome.

To Project Owners:

To earn investors' trust, we strongly recommend that you contact our KYC Manager on Telegram and initiate the KYC verification process. This adds legitimacy to your project. The KYC process typically takes 24 to 48 hours, so don't hesitate to get in touch.

For KYC Inquiries

Please contact @devmexos on Telegram to inquire about KYC badges on PowaDAP. You can also request your KYC with our verified providers in the "Partnerships" section.

Refund Policy

By making payment for KYC processing, you agree that no refunds will be issued under any circumstances. It is crucial to be honest, use your authentic documents, legal name, and accurate project role. Failure to comply will result in immediate KYC cancellation without refunds.

Important Disclaimer

Receiving the KYC badge does not imply our endorsement or recommendation of a project, even if we host an AMA with them. Always conduct your research (DYOR) before investing, bearing in mind that PowaDAP is a decentralized platform.