Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZEUS EXCHANGE: HOW TO CONNECT FINANCIAL AND CRYPTO MARKETS?
by
sadtrader89
on 11/06/2018, 20:16:38 UTC
btw how do i open an account on your platform?

Depending on your country of residence (if we operate in your country, that is); and when we launch, you would be able to register, provide documents for the compliance, and then receive your account details. You can check a description of the process in our White Paper too. http://files.zeus.exchange/20180525-zeus-exchange-white-paper-v1-eng.pdf

Here's short version: 

Open account and deposit assets
1.   A client opens an account at Zeus Exchange and goes through ‘know-your-client’ (KYC) procedures. A client also supplies his bank account details for settlements in money, bank and broker details for settlements in money and shares, and e-wallet details for settlements in cryptocurrency.
2.   Once KYC is completed, Zeus Exchange signs a broker agreement with the client, and assigns a unique client ID. Zeus Exchange also provides its bank account details, broker details and e-wallet instructions.
3.   A client wires the assets (currency, cryptocurrency, shares) into the Zeus Exchange accounts under the broker agreement, and Zeus Exchange conducts the anti-money-laundering (AML) checks to verify the source of the funds involved in transaction. 
4.   Once AML checks are completed, and the money transfer is complete, a client receives his trading limits in broker account system.
5.   Finally, Zeus Exchange sends details to the client to enable him to access the trading terminal using a unique ID.

Is it possible to somehow bypass KYC&AML stages?