How to authenticate merchants in Dubai OKX

Merchants in Dubai can access OKX's merchant services by submitting the required documents and completing a multi-step authentication process that includes identity verification and compliance checks.

Oct 22, 2024 at 01:36 am

How to Authenticate Merchants in Dubai OKX

Overview

OKX, a leading cryptocurrency exchange, has implemented a robust process to authenticate merchants in Dubai to ensure the security and legitimacy of its platform. This guide provides step-by-step instructions on how merchants can complete the authentication process.

Step 1: Prepare Required Documents

Merchants will need to gather the following documents for authentication:

• Company Registration Certificate: A valid certificate of registration from the Department of Economic Development (DED) in Dubai.
• Trade License: A current trade license issued by the DED.
• Passport Copy: A copy of the passport of the company's authorized representative.
• Proof of Address: A utility bill or bank statement showing the company's registered address.
• AML/KYC Documentation: Documents demonstrating the company's compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations.

Step 2: Initiate Authentication

Merchants should visit the OKX website (www.okx.com) and create an account. Once the account is created, follow these steps:

• Navigate to the "Merchant Authentication" section.
• Click on the "Apply Now" button.
• Fill out the application form with the required business and contact information.

Step 3: Upload Required Documents

Once the application form is complete, merchants will be prompted to upload the required documents. Ensure that the documents are清晰, 可读, and in a supported format (e.g., PDF, JPG).

Step 4: Identity Verification

OKX will conduct an identity verification process to confirm the authenticity of the company and its representatives. This may involve submitting additional documents or undergoing a video interview.

Step 5: Review and Approval

OKX will thoroughly review the application and supporting documents. The authentication process typically takes 5-10 business days. Merchants will be notified via email of the outcome of their application.

Step 6: Post-Authentication

Upon successful authentication, merchants will have access to OKX's merchant services, including point-of-sale (POS) integration, payment gateway, and escrow services. They will also be able to list their products or services on OKX's marketplace.

Conclusion

By completing the authentication process, merchants in Dubai can establish their credibility and access the comprehensive services offered by OKX. This process ensures the security of transactions and facilitates the growth of the cryptocurrency ecosystem in the region.