Crypto KYC Solution
As you may know, there are a few countries working on regulations for the Crypto market, most of them obligate providers to identify the owner of a crypto wallet.
Providers which are looking to know who is the owner of a given wallet is, have only one technical way, which is to ask the wallet’s owner to transfer a certain amount of Crypto to a dedicated temporary wallet and, once it’s received, to refund it. It’s how PayPal and CoinBase verify a user’s credit card or bank account.
Using Blockchain API, a developer needs only a few hours to integrate the required endpoints.
Your KYC solution will support all cryptocurrencies supported by Crypto APIs.