Before you can start using Paymonade’s Fiat-Crypto On/Off Ramp services, you’ll need to complete the verification process. This process is a standard requirement to create your Paymonade profile and ensure compliance with international financial regulations.
The initial verification takes approximately 3–5 minutes and consists of three simple steps:
1. Fill in a questionnaire – Provide basic personal and financial information.
2. Take a picture of your identification document(s) – Submit a valid government-issued ID (such as a passport or national ID card).
3. Perform a liveness check – Take a quick selfie to verify your identity in real time.
In some cases, additional verification may be required depending on your account activity or transaction volume. This may include:
Proof of Address (POA) – to confirm your residential address.
Source of Funds (SOF) / Source of Wealth (SOW) review – to verify where your funds or wealth originate from.
These extra steps help ensure the security, transparency, and compliance of all transactions on Paymonade. Once your verification is complete, you’ll gain full access to Paymonade’s services for buying and selling digital assets.