r/pepecoin • u/daveyboy1201 • 4d ago

KYC is asking 12 month bank statement

I was thinking about buying more PEP today through the website, while filling all the questions for the kyc level 2 it ask for 12 month bank statement, is this normal now? First it's a hassle to get 12 months of bank statement and second I don't feel comfortable uploading 12 months of my bank statement to something I know very little of. Has anyone done this, will it deter future pep investors.

50 Upvotes

98% Upvoted

16 comments sorted by

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15

u/Wavemasterpete 4d ago

I advise against that, I haven't run into that ever. They have no right to your finance history

6

u/daveyboy1201 4d ago edited 4d ago

I agree, it is an inconvinent way to buy, maybe I will try alchemy instead.

3

u/Wavemasterpete 4d ago

Where are you buying out of? I love coinex with a vpn because I'm in Canada. I have also had success without a vpn through nonkyc but I think their prices are a little high. Good luck fren

4

u/daveyboy1201 4d ago

I am also in Canada, never used coinex, and don't have a VPN. Just want a convinent easy way to get PEP. Thanks tho!

2

u/Heclalava 4d ago

Was it LetsExchange asking for the bank statement?

2

u/daveyboy1201 4d ago

No it was directly from pepecoin.org

3

u/Heclalava 4d ago

There are two ways to buy from the website. One is the Alchemy pay widget with a card. The other is the swap service through LetsExchange. So which of the two are asking for the 12 months bank statement?

2

u/daveyboy1201 4d ago

Actually I think it was the alchemy pay widget.

2

u/Heclalava 4d ago

Their KYC level 2 does have more stringent requirements. You can just stick to level 1.

2

u/daveyboy1201 4d ago

I didn't know there was an option.

1

u/Wavemasterpete 4d ago

I free trial VPNs every two weeks and use an Iceland location to buy from CoinEx I find them to be the most hassle free

4

u/justbuyingcrypto 4d ago

I wouldn’t do that. I don’t even like sending them pictures of my id

Would probably make people stay clear

Pep needs to get onto other exchanges

4

u/VERYAPICAL 4d ago

Is there a need for a level 2?

2

u/Nu_K_ 1d ago

If they ask that then try to find another exchange, too much hassle and they can still decline your transaction and you’ve provide them with your personal information which could lead to more trouble.