As a licensed FinTech company, Yield App is required to verify certain personal information about its users. This process, known as KYC (Know Your Customer), helps us protect our ecosystem against money laundering and fraud.
Please note that Yield App does not store your personal data, which is solely processed by our trusted partners Sumsub and Cynopsis, and held within their secure data servers in compliance with data protection laws, including GDPR.
With new Yield App platform technology updates and releases and the introduction of enhanced KYC, users will be able to access fiat facilities, card membership programs and other new products and features. Users will also be able to increase their withdrawal limits for both fiat and crypto assets.
The limits and thresholds for all KYC limits will be reviewed periodically and set in line with prevailing licensing and regulatory obligations and the safety limits, features and protections provided through the Yield App platform.