King Exchange

Legal · Reviewed

KYC policy: how we verify your ID.

KYC means "know your customer". Before you can withdraw, we confirm who you are, so the person taking money out of a King Exchange ID is the person who put it in. This page explains what we check, when, and how we keep your details private.

A person handles it. Your account manager takes you through verification on WhatsApp, from setting up your ID to your first withdrawal.

When we verify
  1. 1You ask for an IDWe check your name, mobile number and age.
  2. 2Before your first withdrawalYour account is verified.
  3. 3Every withdrawalWe pay only into an account in your name.
  4. 4High-value transactionsWe monitor them to meet anti-money laundering standards.

At a glance

Key takeaways

  1. King Exchange checks your name, mobile number and age when you ask for an ID.
  2. Every account is verified before its first withdrawal, to confirm the person withdrawing is the person who deposited.
  3. Withdrawals and refunds go only to a bank or UPI account in your own name.
  4. Your verification details are encrypted, never sold and used only to run your account.
  5. You can appeal a verification decision within 30 days.

At a glance

Verification, in brief

  • 18+ checked

    We check the age on every new ID before it's opened.

  • Verified before you withdraw

    Every account is verified before its first withdrawal.

  • Paid only to you

    Withdrawals go only to a bank or UPI account in your own name.

  • Private by default

    Your data is encrypted, never sold and used only to run your account.

  • People, not just algorithms

    A person reviews flagged activity before we take any action.

  • 30 days to appeal

    Disagree with a verification decision? Appeal it within 30 days.

Section 01

Why we verify

Verification protects you and every other player. It lets us:

  • Keep the platform for adults aged 18 and over.
  • Make sure the person withdrawing money is the person who deposited it.
  • Stop duplicate accounts, so each person holds one ID.
  • Prevent fraud and money laundering.

Section 02

What we check

  • Your name

    So your ID and your payout account match.

  • Your mobile number

    So we can reach you and send your login.

  • Your age

    You must be 18 or over to hold an ID.

When you withdraw, we also check that the bank or UPI account is in your own name. Your account manager tells you on WhatsApp if anything else is needed to complete verification.

Section 03

When verification happens

When King Exchange verifies accounts
WhenWhat happens
You ask for an IDWe check your name, mobile number and age.
Before your first withdrawalYour account is verified.
Every withdrawalWe pay only into an account in your name.
High-value transactionsWe monitor them to meet anti-money laundering standards.

Section 04

Payouts in your name

Deposits and withdrawals must go through a bank or UPI account in your own name. We pay withdrawals and refunds only into a verified account that matches your ID.

Using someone else's account to move money breaks our rules, even if it belongs to a friend or family member.

Section 05

How we protect your details

Your verification details are encrypted, never sold, and used only to run your account. Only the account managers and staff who need them can see them, and conversations happen on WhatsApp, which encrypts messages end to end.

We never ask for your UPI PIN, banking PIN, one-time passwords or account password. Verification never needs them.

Read our privacy policy for how long we keep your data and your rights under India's DPDP Act.

Section 06

Reviews and appeals

We monitor high-value transactions to meet anti-money laundering standards. If something looks wrong, a person reviews it before we take any action.

If you disagree with a verification decision, write to support within 30 days. The compliance team reviews it and replies with the outcome. See how appeals work.

Section 07

Updates to this policy

We review this policy at least once a year, and straight away after any material change in the law or in how we run the platform. The date at the top of the page shows the last review.

Keep reading

Answers

KYC questions

Short answers on why we verify, when it happens, payouts and appeals.

5 questions

Verification confirms you're over 18 and that the person withdrawing money is the same person who deposited it. It also helps us stop duplicate accounts, fraud and money laundering.

Open 24/7

Questions about verification?

Your account manager will explain what's needed and take you through it on WhatsApp. 18+ only.