Truwho KYC Overview

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What is Truwho?

Truwho is an identity verification platform developed in 2018. Upon creating a Truwho account, users will be prompted to complete differing levels of identity verification. Once a user has completed Bronze verification, they are assigned a unique TruID number. After completing Gold verification, users may tie their unique TruID to a Dropil account from within their Dropil account settings making them eligible to withdraw their profits.

Is Truwho owned by Dropil?

While Truwho does have ties to Dropil, it is a separate entity and documents and information submitted to Truwho do not pass directly to Dropil. When linking your TruID to your Dropil account, the only information passed to Dropil is your TruID number and your Truwho verification level.

Why do we require KYC?

The solution to ensuring long term scalability and sustainability involves more accurately tying the value of Drops to its related currencies. By preventing users from opening and using an unlimited number of accounts, it helps prevent manipulation by bypassing the 90-day timers placed on withdrawals. While we understand the requirement may be off-putting to some, we believe that this route best serves the interest of our business and platform stability at this time. This is not an effort to exclude anyone from using our services. Anyone who can successfully create a TruID and become Gold verified is eligible to use Dex.

What features do I need a TruID for?

Users may make deposits and utilize the Dex system without conducting KYC/identity confirmation. To withdraw any amount of Drops beyond what you have deposited (any Drops accumulated from Dex) a Truwho link will be required. This is done to ease onboarding and allow users to begin utilizing Dex while waiting for their KYC to process. Users will still be able to utilize other Dropil features such as Arthur and Max without completing KYC.

For information on linking your TruID, please visit our how-to guide located here.

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