Swaggy is much more than just a wallet, it is a unique tool for managing your transactions with maximum reliability and with the support of the most advanced technology available.
Take your first steps in the cryptocurrency market on Swaggy: in this guide, we explain everything you need to know about how to open your account!
Guide and registration: Swaggy
To create a new account, you need to enter your first name, last name, email address, and repeat both the email and password you have chosen twice.
Next, you need to accept the terms and conditions. On the following screen, to complete the registration, you must provide us with the sponsor code of the promoter who introduced you to the Swaggy world. If the entered code is correct, click “Confirm”. If you do not have a sponsor code, click “No code” and then “Continue”.
Now you will receive an email with the useful link to activate the account at the previously entered email address. By clicking on the link in the email, you will be redirected to a confirmation screen.
At this point, you can access the Swaggy app with your email address and password!
Have you ever heard of KYC? Literally, it means “know your customer” and it is a set of procedures that allows Swaggy to thoroughly know its users and thus comply with legal obligations.
KYC is essential to activate your Swaggy wallet and start using all the wallet services. With this procedure, Swaggy guarantees you and all its users a safe experience that complies with all national regulations, protecting you and itself from attempts of online fraud and money laundering.
Lere’s how to complete it!
Prepare a valid identification document (ID card or passport).
- Applicant’s Information
Log in with your credentials and consent to the processing of your personal data for verification purposes, and click “Next”.
Enter all the required personal information in the form. Once completed, click “Next”.
Attention: if your residential address is different from the address shown on your identification document, in the personal information section, you must declare the actual address that must match the one indicated on the proof of address.
Proceed with the registration of your video in the step called “Selfie”. Click on “I’m Ready”. If you prefer, you can complete this procedure on mobile.
Look at the camera, make sure your face remains completely within the frame. Slowly move your head in a circular motion to the right, left, up, and down.
- Poof of adress
At this point, we need you to upload a proof of your residence. You can choose from:
- La bolletta di un’utenza a te intestata;
- A utility bill in your name;
- A certificate of residency issued by the municipality on plain paper;
- A bank statement in your name;
- A tax declaration;
The essential thing is that the address of residence and date are clearly visible.
- ID document
Select the country of issuance and choose a document to upload between ID card and passport. Take a clear and readable photo. We recommend removing the documents from the plastic case to avoid possible reflections of light that may worsen the quality of the photo.
- Mail Verification
Make sure the email address is correct and click on “Send Code”. Enter the code received in the email provided and click on “Next”. Once the procedure is successfully completed, click again on “Next”.
- Data check
Review the data and click “continue”
Please wait for the platform to review the data you have entered. Once the procedure is completed, the external entity responsible for verifying your profile may take up to 24 hours before communicating the final outcome.
As soon as the procedure is successfully completed, proceed to fill out the risk questionnaire. Once done, you can start enjoying all the benefits of Swaggy!
Why the KYC?
KYC, which stands for Know Your Customer, is a process used by banks, financial intermediaries, and cryptocurrency exchanges to verify the identity of their users and prevent illicit activities such as money laundering or terrorism financing. Additionally, KYC helps to identify anomalous behaviors and prevent potential illicit activities. KYC procedures must be performed by law (as provided for by Legislative Decree 231/2007 and subsequent amendments) and are mandatory for digital finance services, whether centralized or not.
This process requires the insertion of information such as the residential address, tax code, and identity document. Rest assured that all the data entered is protected according to the Information on the processing and protection of personal data.
Protection of privacy and personal data
Now that you know what KYC is, how it works, and what it’s used for on Swaggy, you might be wondering: is it safe to share my documents online?
The answer is: yes, if you do it in an aware manner. Before sharing your data on any online platform or service, investigate its reliability.
The data you share with Swaggy is managed according to the Information on the processing and protection of personal data. Keep in mind that the purpose of the Identity Verification process, according to regulations (EU) 2016/979 and (EU) 2018/1725 of the European Parliament and of the Council and the relevant national legislation, is considered to be in the public interest.
The most common errors in completing the KYC
If you are asked to repeat the KYC procedure, the sections that need to be modified will be highlighted and you will need to update only those sections.
Let’s take a closer look at the most common errors you may have encountered:
- User already registered with another account: in this case, the name you provided during the procedure is already registered. On Swaggy, each person can register only once.
- The document is not acceptable: the document you have chosen has expired or is not valid.
- The photo of the document is not valid: the photograph of your documents is of poor quality. Try again following the small tips explained above.
- The selfie is not valid: your face is not clearly visible in the selfie you registered or cannot be associated with the identification photograph of the document you uploaded.
If you are looking for an engaging experience and a cutting-edge platform, Swaggy is the right choice for you! What are you waiting for? As explained, registering is very simple.
Our support team is also always available for any questions or needs you may have.
Join us today: buy, sell, and transfer major cryptocurrencies and international currencies with Swaggy, the secure and easy-to-use crypto wallet like a traditional wallet!