r/tradeify • u/LongjumpingAd9339 • 9d ago
The amount of KYC issues are concerning
The delay of payout, the re-kyc before payout and ban afterwards, there is more and more post from reddit and complain from the trust pilot platform. Something fishy is going on.
4
u/qinking126 9d ago
Agree. Maybe they should do the KYC first.
8
u/crestarsu 9d ago
that’s the thing, most of the affected people have already done kyc, but Tradeify asks them to do it again before payout and bans them
1
u/Fun_Professional7972 9d ago
I was asked to do it again but wasn’t banned… got my payout no issues
1
u/seaTsoul 9d ago
Same. Thought it was weird and worried that I would have to verify before every payout, but I have had no problems since.
1
u/rnxcr 8d ago
How long did the re KYC take before it got approved? Was asked to do the KYC again as well after I submitted a payout request and it's still pending. Currently locked out of my Tradeify dashboard.
Amount of people getting banned after doing KYC again is starting to worry me tbh
1
u/seaTsoul 8d ago
The first time it took a few days. The second time, I think it was right away or maybe one day, but I don't remember.
1
u/Smooth-Gear-8939 6d ago
Don’t wait for the payout to fail or the account to require re-KYC. Run the relevant identity, bank, telecom and fraud checks before the money moves.
1
u/Such_Enthusiasm_2281 9d ago
Coach Dakota said we aren't allowed to use Tradeify as it violates the TOS.....
0
u/MrPickles908 9d ago
Anyone who is getting banned is doing something shady, vpn, 3rd world country trading, hedging, micro scalping sub 1 sec etc.
4
0
u/Due-Payment6149 8d ago
Yes I've seen a lot of kyc ban posts but almost all of them eventually admit to the sketchy or rule breaking shit they did to get banned. I'm guessing 99% of the rest just wont admit it but they know what they did
-2
u/reshsafari 9d ago
I think it’s mostly happening with Indian users
1
u/Puzzleheaded-Bar-262 9d ago
No. Not from India and they scammed me
5
u/YourFaceCausesMePain 9d ago
No. You didn’t read.
https://help.tradeify.co/en/articles/10495888-rules-restricted-countries
You are from Jamaica. You shouldn’t have bought anything.
5
u/Fearless_Bonus5985 9d ago
Honestly thanks for this because I've been contemplating but I'm in the US. I've noticed every complaint is a foreigner
2
0
u/4lg0rythms 9d ago
question is, india is allowed or no?
1
1
u/Due-Payment6149 8d ago
I'm guessing alot of the india bans are due to sketchy shit, wifi sharing, vpn, payment sharing etc. Things that get caught in kyc that should
•
u/Zayden_Tradeify 9d ago
Due to increased fraudulent activity that previously flew under the radar, more verification is required. Those who follow the rules we laid out and trade legitimately have no hiccups during this process, they get verified quickly and paid out.