London, UK, [DATE] – Today Crix, a next-generation cryptocurrency exchange offering algorithmic trading, institutional connectivity to buy and sell bitcoin, ethereum, litecoin, bitcoincash, stellar and ripple has selected Yoti to streamline its KYC and sign up process.
Yoti, the digital identity app with over 5m downloads, will deliver identity verification, know-your-customer (KYC) and anti-money laundering (AML) checks, enhancing compliance and giving individuals a simple, private and secure way of proving their identity.
Yoti will provide Crix:
- Instant and 100% accurate KYC and AML (PEPs and Sanctions) checks
- Streamlined and cost-effective KYC process for both operators and customers
- Identity verification from over 170 countries using government IDs and biometrics
- Frictionless onboarding and fast processing times, with individuals sharing pre-verified identity attributes in seconds instead of showing paper ID documents
“The Crix exchange is first in-class for security, speed, and full compliance to protect our customers.” said Crix Founder & CTO Dmitry Koval. “We are excited to partner with Yoti for our KYC needs, allowing our customers to have industry leading signup speeds and secure access to their trading experience. Adding this capability along with our algorithmic trading bots will make Crix a must-use tool for any crypto trader.”
Yoti’s Future Tech lead Thom White, said “It’s great to be working with Crix to make it faster and safer for individuals to get trading. Crix share our passion for innovation and they’ll be leveraging Yoti to provide a simple, private and secure way for people to prove their identity.”
Yoti provides global coverage for businesses, who can integrate with Yoti’s identity platform via their suite of SDKs in 2-4 hours or in minutes using Yoti’s plugins built for WordPress, Joomla and Drupal.
Individuals can prove their identity in seconds using the free Yoti app, without having to rely on paper documents. Available for Apple and Android phones, Yoti transforms an individual’s ID document and biometrics into a secure digital identity in less than five minutes.
Yoti uses 256-bit encryption to secure user details and puts individuals in control of their data. With Yoti, the user has to give consent before their details are shared. They also know exactly what details they are sharing and who they are sharing them with. Yoti gives people more control over their personal data by allowing them to share specific identity attributes (i.e. just their name or 18+) without disclosing their full identity, helping to protect them from the ever-growing risk of identity fraud.
For more information go to www.yoti.com or visit the app store on iOS and Android phones.
Crix is an institutional-grade cryptocurrency exchange that is the only exchange offering embedded algorithmic trading capabilities, including back-testing and integrated bots, to help market makers and traders perform. Built for both institutions and retail customers in mind, Crix provides institutional custody and connectivity (FIX protocol) with the most generous market makers rebate in the industry. Fully registered in Malta and partnered with security leaders BitGo and Yoti, Crix Exchange leads the push into a new generation of digital assets trading platforms. For more information, visit www.Crix.io
Founded in 2014, Yoti is a global technology company on a mission to become the world’s trusted identity platform. Our free digital identity app is the new, safer way to prove your age on nights out, check out faster with age restricted items at supermarkets and save time and money proving your identity to businesses. It brings safer connections with the people you meet online as well as enabling secure website login with your biometrics instead of remembering passwords. All personal details are secured with 256-bit encryption and Yoti promotes a data minimisation approach. For more information, visit www.yoti.com
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