KYC Policy

KYC (Know Your Customer or Know Your Client) is the operating principle of Satbet bookmaker, which is the basis of all activities, which implies that every platform member who registers an account on the site or mobile app must go through a process of identification before any transactions can be made. This identification serves many purposes: to reduce risks, to combat hacking of the user’s personal account, to protect the funds in the wallets of players.

Satbet betting company follows KYC policy principles.

What Is KYC Policy?

Mandatory verification of customers’ personal data is an integral part of the data verification procedure on all cryptocurrency exchanges. The procedure includes a list of requirements that the user must provide in order for this procedure to be processed and for the capabilities to receive services on the site to be activated. The data that is required upon request: a valid ID, a utility bill with a home address, an insurance number and other data. Usually, all of this information needs to be entered once at the time of the account, but sometimes the user changes his or her name, so adjustments are required. Failure to complete KYC will result in a loss of eligibility for all features of the cryptocurrency exchange.

What Documents Do I Need to Provide?

Documents to confirm identity: color copy of a valid government-issued ID (driver’s license, passport, state or military ID card), utility bill current for the past few months. Additional data may be requested at the discretion of the commission.

When Do I Have to Provide the Documents?

Usually, this request is made at the time of registration of the account so that all further deposits and placing bets do not interfere.

How Do I Send the Documents?

This procedure is performed solely through the use of your personal account. Photos must be of good quality and saved in jpeg format. Send us the requested data and as soon as we process it for your further activities on the platform.