WOO X requires institutional account users to complete Institutional Account Verification to access WOO X’s services, including cryptocurrency deposits, trades, and withdrawals. Follow the step-by-step guide below to see how to complete Institutional Account Verification.
How to complete Institutional Account Verification on WOO X? (Step-by-Step)
1. Register a WOO X institutional account:
a. Create an institutional account on WOO X
2. Submit the application for Verification
a. Go to the Account Info page
b. Find the Institutional Account Verification panel
c. Click the Start Verification button
3. Verification:
This verification requires some information about your business, including:
- Entity name
- UID
- Place of incorporation
- Purpose of the account
- Nature of the business, etc.
- Company information
- Directors' information
- Shareholders' information
- Authorized Signatories information
- CEO information
- Ultimate Beneficial Owners information, etc.
4. After submitting your documents, your status should become “Reviewing” within 3 workdays. Please contact onboarding@woo.network if you wait for more than 3 workdays.
5. WOO X onboarding team will contact you once the verification is completed or if there’s anything needed to be provided.
You can find the required documents in the following image:
Notes:
- Please select the entity type and country carefully. If you need to change to another country/region of registration or entity type during the verification process, you will be required to start from the beginning.
- Unsupported Country List: https://support.woox.io/hc/en-001/articles/4403838052761--List-of-unsupported-countries-regions
- Staging WOO X site for testing during the verification: https://staging.woox.io/en/trade
- Institutional API documentation: https://vipdocs.woox.io/#introduction
- Please note that if your email has already been linked to a personal account, it cannot be upgraded to an institutional account. Please make sure that you submit the Institutional Account Verification with an unverified account.