Applies to braxhedge.co and Platform services
This KYC policy outlines how we verify the identity of our users and ensure compliance with applicable laws and regulations. Our goal is to protect the security and integrity of the Platform and prevent use of our services for illegal or fraudulent activities.
1. Why we need KYC
- Verify that users are who they claim to be.
- Comply with anti-money laundering (AML) and counter-terrorism financing (CTF) requirements that call for customer identification and reporting of suspicious activity. See also our AML/CFT Policy.
2. What we collect
During KYC we may collect:
- Full name
- Date of birth
- Contact information (email, phone number)
- Government-issued identification (passport, driver’s license)
- Proof of residence (utility bill, bank statement)
- Financial information where needed (income, employment status)
We may collect additional information as needed to verify identity and meet legal obligations.
3. How we collect information
- Directly from users through dashboard forms and document uploads
- From third parties such as verification providers or government agencies where permitted
- Using secure collection and storage practices, including encryption and protected servers
4. How we use information
- Verify identity and meet compliance obligations
- Improve services and protect Platform security and integrity
Broader privacy practices are described in our Privacy Policy.
5. Data security, access, and sharing
- We implement technical and organizational measures to protect KYC data. Internet transmission is never completely risk-free.
- You may request access to or correction of personal information by contacting support.
- We may share information with third parties that have a legitimate need and appropriate confidentiality commitments, including for legal compliance.
Questions: support@braxhedge.co.