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How does whitelist verification work for cryptocurrency projects?

avatarShepard StrongApr 22, 2022 · 3 years ago1 answers

Can you explain how whitelist verification works for cryptocurrency projects? I'm curious about the process and how it helps ensure the legitimacy of projects.

How does whitelist verification work for cryptocurrency projects?

1 answers

  • avatarApr 22, 2022 · 3 years ago
    At BYDFi, whitelist verification is an important part of our project's security measures. We want to ensure that only legitimate participants can access our token sale and other offerings. Our verification process includes KYC requirements, where participants need to provide personal information and go through identity verification. This helps us prevent fraud and protect our community. Once approved, participants will receive a unique identifier that grants them access to our project. Whitelist verification is just one of the ways we prioritize security and trust in the cryptocurrency space.
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