The Bitonic Verification App is exclusively built to offer our customers a smooth and simple verification process. To achieve this we make use of the Machine Readable Zone (MRZ) present in IDs and passports, as well as the Near-Field Communication (NFC) capabilities they are built with.
Using this technology enables us to read the personal details available in ID documents in a secure fashion while ensuring the authenticity of its contents.
Bitonic values your privacy, therefore we only ask for information that we are legally obliged to by legislation and none of the obtained information will be shared with or processed by third parties.
To guarantee this we do not rely on any external services and store and secure this data in our own infrastructure. Also, the data is exclusively used to deliver our services to the customer and will never be used for commercial purposes.
Since every Crypto-company in the European Union is obliged to comply with the rules of AMLD5, stricter KYC procedures are required. ID verification is a main barrier for users. The Bitonic Verification App is designed to lower this barrier.
The Bitonic Verification App is the fastest way to verify your account and buy or sell bitcoins at Bitonic. We hope you have a great experience!