CoinZoom requires all accounts to be verified in compliance with U.S. financial regulations. This requirement applies whether trading cryptocurrency to cryptocurrency or converting between fiat and crypto.
Why verification is required
Verification ensures compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, which help prevent fraud, identity theft, and other illicit financial activity. It also confirms account holders are who they say they are.
What this means for users
To verify an account, valid personal information and photo identification must be submitted. Verification is mandatory before deposits, trading, or withdrawals are permitted.
For full details, see the official guide: Verify Your Account in the CoinZoom Help Center.