Economic Sale Documentation
  • Introducing
  • Service Charges
  • Contact Us
  • Know Your Customer
  • Privacy Policy
  • TOKEN
    • Create a Standard Token
    • Create a Liquidity Generator Token
  • PreSales
    • Create a Presale
    • Update a Presale
    • Add Liquidity (Auto Listing)
  • FAIR Presales
    • Create a Fair Presale
    • Update Fair Presale
    • Add Liquidity (Auto Listing)
  • PRIVATE Presales
    • Create a Private Sale
    • Update Private Presale
    • Add Liquidity (Auto Listing)
  • investing
    • How to Buy a Presale
    • How to Claim Tokens
    • How to Refund
  • lock
    • Create a Lock
    • Update Lock
    • How to Unlock
  • airdrop
    • Create an Airdrop
    • Update Airdrop
    • Participate
    • Release Airdrop
  • common errors
    • Common Errors
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  • What Does it Mean For You?
  • KYC Charges
  • Refund Policy
  • Important Note

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Know Your Customer

At EconomicSale, Know Your Customer, or KYC is the process of identity verification to ascertain that the person speaking to us is really who she/he says they are. How does it work? The identities of the project owner is determined by submitting ID documentation (Picture, Passport, National ID) to an automated platform. This is similar to the KYC process needed when opening up a trading account on a major exchange like Binance.

What Does it Mean For You?

The KYC process aims to rid our platform of scams by acting as a deterrent for dubious developers. If any of the KYCed project’s team members scams investors, then:

  • We will reveal their identities.

  • We will make this information public for those wanting to file criminal charges.

  • To investors: If you have serious reservations about a presale, and you have proofs that the project is a scam, please contact us ASAP, supplying as much evidence as possible. We will go through the claim and let you know the result of our investigation.

  • To project owners: If you want investors to trust you, we highly recommend that you approach our sales team on telegram and apply for KYC verification. This will bring legitimacy to your project. KYC may take 24 - 48 hours so please contact us asap.

The KYC service on EconomicSale is another of the great features making our platform the best launchpad available. It will also help further in cleaning up the crypto industry, making people realize that they are accountable for their actions, even in a decentralized world.

KYC Charges

EconomicSale charges $472 per KYC, It may take up to 24 - 72 hours. Please contact EconomicSale for the KYC badge on EconomicSale.

Refund Policy

At the moment there is no refund. So by means of this post, we provide you with all instructions and requirements to obtain a successful KYC. If you do not agree please do not send payment. By going ahead with payment of KYC processing fee you agree that you shall not be entitled to a refund under any circumstance.

In particular, we wish to make clear that you are required to be honest with us at all times, and use your real documents, your real legal name, and your real role in the project. Failure to do so will result in the immediate cancellation of your KYC, with no refund given.

Important Note

A presale receiving the KYC badge does not mean in any way that we approve or recommend that presale. Please always do your own research before investing, remembering that EconomicSale is a decentralized platform.

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Last updated 2 years ago

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