During the international Bitcoin conference CryptosForAll Forum (CFAF), we were able to ask a couple of questions from Coinods.com CEO Adam Coyell about the Coinods.com account verification system. Here’s what he told us:
The meaning of verification is to create a ‘connection’ between your Coinods.com account and your external wallet. So if somebody steal your login and password, he can’t withdraw your money to his personal wallet. We are against requesting personal documents. To verify in our system, you just need to make a small deposit, which you will then receive back within 15 minutes by clicking the “Withdraw” button.