DRAFT — pending review by qualified legal counsel. This document is a working draft written for CORE TRADING's business model. It may change before launch. Highlighted placeholders mark information not yet supplied.
When and why we verify identity, what is collected, who sees it and how long it is kept.
Version 2026-10-30.2 · fingerprint c95693f25a56
You must pass identity verification before your first payout request. We may ask you to verify again if your details change or we detect risk.
We verify identity to prevent fraud, account sharing and duplicate accounts, to screen against U.S. sanctions lists, to make payouts to the right person, and to meet tax-reporting needs. CORE TRADING uses identity verification as a risk-management control; this policy does not state that any particular anti-money-laundering law applies to us.
Duplicate accounts: when the provider returns its result, we turn your document details and your name and date of birth into one-way keyed codes (hashes) and compare only those codes with other accounts. The details themselves are not stored. A match is reviewed by a person before any action is taken.
Sanctions: before payouts, our team checks your name against official U.S. sanctions lists (such as OFAC's list) and records the result, the list and the date, not your ID details.
Verification is performed by our provider, Veriff [PLACEHOLDER: update if the provider changes]. On the provider's page you photograph a government-issued ID and take a selfie or short video so the provider can check that the ID is genuine and that you are its owner (a "liveness" check). This may involve the provider creating a facial geometry or similar biometric measurement for the purpose of the check.
Biometric notice: by continuing to the provider's page you consent to the provider collecting and processing your image and any biometric data for identity verification and fraud prevention only. CORE TRADING does not receive or store your ID images, selfie or biometric data. We receive and keep only the verification session reference, its status (for example approved or declined) and the provider's decision code.
If a check is declined, you cannot start another one until a member of our team reviews it and allows a retry. You may contact [PLACEHOLDER: support email] to ask for a review.
[PLACEHOLDER: retention period for verification records and the provider's retention period, set with counsel.] When the period ends, records are deleted or anonymized unless we must keep them for legal reasons.