How to Complete Enhanced Due Diligence (EDD) Verification - Bank Deposit on Bitget
How to Complete Enhanced Due Diligence (EDD) Verification - Bank Deposit on Bitget
2024-03-29 09:01
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What is CDD？
CDD stands for Customer Due Diligence. It refers to the standard process of verifying a user's identity and assessing the risks they may pose before allowing access to buy crypto services — part of global KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance.
Why is CDD required?
To enhance account security and reduce trading risks in fiat services, our partner channels now require Customer Due Diligence (CDD) information from users during the credit/debit card crypto purchase process. Users can submit their CDD information directly on the [Buy Crypto] page when prompted — a window will appear during the transaction process if verification is needed.
What is CDD informations?
You are required to fill in the details below for CDD:
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Account purpose
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Expected monthly spend
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Source of funds
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Employment
Please follow the guide below to complete the CDD process when purchasing crypto with a credit/debit card:
Step 1: Select "Add Funds " in the top right corner of your homepage.
Step 2: Under the "Buy Crypto With" section, select "Credit/Debit Card".
Step 3: Choose your fiat currency and the cryptocurrency you want to purchase. Enter the amount, then click "Buy".
Step 4: There will be a pop up for you to fill in details for verification. Select "Confirm" to proceed.
Step 5: This is where CDD is required. Fill in all the necessary details, agree to the Terms and Conditions, and click "Submit".
Step 6: After submission, your details will be reviewed, and you will be returned to the Buy Crypto page.
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