OKX mandates video verification to comply with regulations, prevent fraud, enhance security, increase transaction limits, and demonstrate compliance transparency. The process involves logging into your account, accessing the verification center, selecting video verification, recording a brief video, and submitting it for review.
Key Reasons for OKX Video Verification
As a leading cryptocurrency trading platform, OKX implements video verification for the following critical purposes:
1. Regulatory Compliance
OKX adheres to global Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, which require identity verification to prevent illegal activities on its platform. This ensures alignment with financial laws across multiple jurisdictions.
2. Fraud Prevention
Video verification adds a layer of security by matching live user footage with submitted ID documents. This helps:
- Detect suspicious login attempts from unrecognized devices/locations
- Reduce identity theft risks
- Trigger alerts for potential unauthorized access
3. Enhanced Account Security
By introducing biometric verification, OKX strengthens protection against:
- Unauthorized account access
- Phishing attacks
- Fund withdrawal attempts by malicious actors
4. Higher Transaction Limits
Users without video verification face restricted trading limits. Completing the process unlocks:
- Increased deposit/withdrawal thresholds
- Access to premium trading features
5. Transparency Commitment
OKX demonstrates its dedication to lawful operations through rigorous verification, building trust with:
- Regulatory bodies
- Institutional partners
- Retail users
Step-by-Step Verification Process
- Log in to your OKX account
- Navigate to Identity Verification Center
- Select Video Verification
- Record a 5-second video following on-screen prompts
- Submit for review (typically completed within hours)
๐ Get started with OKX verification now
FAQ Section
Q1: Is video verification mandatory for all OKX users?
A: Yes, all users must complete video verification to access full platform functionalities, per global compliance standards.
Q2: What if my video verification fails?
A: Check for:
- Clear camera focus
- Proper lighting
- Matched ID document details
You may retry immediately or contact OKX support.
Q3: How does video verification improve security compared to photo ID upload?
A: Live video prevents fake or stolen ID usage by verifying:
- Real-time facial movements
- Liveliness (blinking/speaking)
- Consistency with government-issued documents
๐ Learn about OKX's security protocols
Q4: Can I trade cryptocurrencies before completing verification?
A: Basic trading is possible with limited features, but full account privileges require completed KYC.
This streamlined process balances regulatory requirements with user convenience, positioning OKX as a secure and compliant trading platform.
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