How to Complete KYC Identity Verification On Upstream

How to complete Upstream’s streamlined KYC identity verification on the stock trading app

By Anastasia Samaras

Upstream traders are prompted to complete our light-touch KYC (Know Your Customer) identity verification process when your Upstream account balance reaches $500 or more, or when you’re withdrawing funds. Like the rest of our stock trading app experience, KYC identity verification was also designed to be as fast and frictionless as possible. Think of KYC as a high-tech handshake that not only verifies your identity but ensures the integrity of the entire trading community.

So, why is KYC so important?

Protecting your financial well-being is our top priority at Upstream, part of MERJ Exchange. As a fully regulated marketplace, verifying that you are who you say you are through KYC identity verification is legally required in order for you to trade safely and securely. This is to help prevent money laundering, illicit activity, and bad actors from entering our Upstream community. Whether you’re a first-time trader or a seasoned investor, KYC safeguards everyone involved.

Upstream’s KYC Identity Verification is Fast, Easy and Secure

We’ve designed our KYC process to be as streamlined and stress-free as possible so you can quickly continue stock trading. To get started, be sure you have the Upstream trading app downloaded and signed up:

What you’ll need: Valid ID (driver’s license or passport), and personal bank account or Ethereum address.

1. Simply tap the profile icon in the app, then KYC. Complete a few pieces of personal information, snap a photo of your ID, and then we’ll verify your data.
2. KYC identity verification time: Assuming you have provided the appropriate KYC information, approvals can be as fast as 15 minutes, and, depending on the date, time, and queue, it could take up to 48 hours (about 2 days), Monday to Friday. If additional information is required, or if we have many submissions awaiting approval, it could take up to 2 weeks.

Once approved, you can continue to fund, withdraw cash, and, of course, continue to trade all available quoted securities.

Your Information, Our Responsibility

At Upstream, we understand the importance of safeguarding your personal data, which is why we adhere to the strictest global data protection regulations. Every piece of submitted information is:

• Securely stored: We utilize a temporary cache system and never outsource verification to third parties.
• Never shared: Your data remains confidential and is only used for KYC identity verification purposes.

Additional Resources

• Download Upstream on iOS or Android.
• KYC identity verification tutorial video: https://upstream.exchange/media/how_to_perform_kyc.mp4
• Trouble receiving your KYC code? Visit https://kyc.upstream.exchange/whatsmycode for alternate retrieval methods.

Why Wait? Join the Future of Trading Today

With security, transparency, and ease at the forefront of our platform, Upstream offers a seamless trading experience built on trust. Get verified today, and unlock access to secure trading of quoted securities in minutes.

Upstream Disclaimers:

U.S. persons may not deposit, buy, or sell securities on Upstream. Anyone may buy and sell Collectibles on Upstream.

This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. Collectibles have no royalties, equity ownership, or dividends. Collectibles are for utility, collection, redemption, or display purposes only. Anyone may buy and sell Collectibles on Upstream. All orders for sale are non-solicited by Upstream and a user’s decision to trade securities must be based on their own investment judgment.

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency, and a member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, https://fsaseychelles.sc/, an associate member of the International Association of Securities Commissions (IOSCO). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agree to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development-stage companies. U.S. persons may not deposit, buy, or sell securities on Upstream. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.

Collectible products are akin to a digital sticker of an underlying artwork and should not be considered a financial investment; a security token, an e-money token, or a form of digital currency. Collectibles should not, therefore, be purchased by anyone seeking financial gain or with an expectation to profit from the purchase, ownership in the entity, dividends or distributions, sale or resale of a Collectible. By buying a Collectible, you agree that you are not doing so for investment purposes or for the purposes of obtaining a security or an appreciating asset. You understand that the benefit you receive for buying a Collectible is limited to supporting athletes, celebrities and other brands. You also acknowledge that ownership of a Collectible does not carry with it any rights, express or implied, including (without limitation) copyright, trademarks or other intellectual property or proprietary rights in and to the underlying artwork. The copyright to the digital artwork remains with the copyright holder.

Forward-Looking Statements
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