As part of the upgrade of our regulatory obligations, several changes will be applied to the verification of your Just Mining account (KYC and KYB).
The objective of this article is to present you all the changes that are going to take place for you, user and/or future user of Just Mining services.
As you know, since May 11th 2021, Just Mining is registered with the AMF
(Autorité des Marchés Financiers) under the number E2021-016 as a PSAN (Service Provider for Digital Assets). This registration is mandatory to carry out a certain number of activities related to cryptocurrencies on the French territory and implies a strict regulation set by the regulator.
Thus, in accordance with Order No. 2020-1544
of December 9, 2020, PSAN operators must identify their customers before entering into a business relationship, i.e., before the completion of any transaction, regardless of the amount with a complete KYC (know your customer).
This regulation will lead to the modification of the KYC levels currently in place at Just Mining. Here is the new KYC table specifying the documents required for each level and the resulting investment opportunities.
Please note that if you already have a complete KYC on the platform, additional information may be required. The main new feature is the integration of a short questionnaire from Level A.
Note that if you were KYC Level B, you will need to complete the new mandatory questionnaire to confirm your level. Rest assured, the procedure is quick and easy.
Your current KYC level will be maintained until July 1, 2021. After this date, if you have not completed the questionnaire, new limits will be imposed on your account on transaction volumes.
How to check and update my KYC level on Just Mining
Step 1: Login to your customer area at www.just-mining.com
In the side menu (on the left side of your screen), go to the "Check my account" tab. (PC format)
Step 3: Follow the instructions to validate your account.
Invest & benefit from Just Mining services.
If you have any doubts about your situation, do not hesitate to contact our support: [email protected]
Warning : From now on, the KYC level O does not offer any possibility in terms of investment or operation on the platform. However, it allows you to create an account on the platform and to stay connected to our news. It will be necessary to have a KYC level A at least before making your first investment.
The processing of your documents
All the data collected in the framework of your KYC is only available to the Just Mining compliance team.
Under no circumstances will this information be communicated to a third party nor will it be visible to other departments of the company.
The recovery of this information is essential to comply with the obligations of the regulator.
These provisions exist for all registered investment platforms that operate legally, regardless of their market. We invite you to be vigilant towards platforms that ignore these obligations.