How does MWAD ensure the real name of its users?
CheezbuggahDec 26, 2021 · 3 years ago3 answers
Can you explain the methods used by MWAD to verify the real names of its users? How does MWAD ensure that the information provided by users is accurate and reliable?
3 answers
- Dec 26, 2021 · 3 years agoMWAD employs a multi-step verification process to ensure the real names of its users. Firstly, users are required to provide their personal identification documents, such as passports or national ID cards. These documents are then cross-checked with government databases to verify their authenticity. Additionally, MWAD may request users to provide additional supporting documents, such as utility bills or bank statements, to further validate their identity. This comprehensive verification process helps to ensure that the information provided by users is accurate and reliable.
- Dec 26, 2021 · 3 years agoMWAD takes user verification seriously and uses advanced technology to ensure the real names of its users. They employ facial recognition technology to match the user's face with the photo on their identification document. This helps to prevent identity theft and ensures that the information provided by users is genuine. MWAD also conducts regular audits and checks to detect any suspicious activities or attempts to provide false information. By implementing these measures, MWAD maintains a high level of security and trust in its user verification process.
- Dec 26, 2021 · 3 years agoAs a third-party digital currency exchange, MWAD partners with trusted identity verification providers to ensure the real names of its users. These providers have access to various databases and verification methods to authenticate the identity of users. MWAD collaborates closely with these providers to ensure that the verification process is efficient and reliable. By leveraging the expertise of these third-party providers, MWAD can confidently verify the real names of its users and maintain a secure trading environment.
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