Verify coins account
After signing up for coins Philippines account, the next step you need to accomplish is to verify your account using valid government issued ID. This is for security and AML policy of the company. All coins.ph members must verify their account for security reasons both the company and the members.
Take note that unverified coins.ph account cannot make withdrawal of funds. You can only cash-in or deposit money up to P2,000 daily. To lift this limit, you need to verify your account with your ID and Selfie. Level 2 verified (ID and Selfie verified account) has daily limit of P50,000 for deposit and withdrawal transactions.
How to verify coins.ph account?
It is very easy to verify your account. All you need to do is to take a photo of your valid government issued ID and upload it to the website using your account. Here are the steps to do it:
Step 2: Once logged in, find your email or mobile number on the upper right corner as shown on the picture below. If you are using mobile device you can see a three small (- dash) on the upper left corner of your screen similar to menu. Click it and find “limits and verification.”
Step 3: Click on the “Verify Now” button to start the process. After which, you will be prompted to take a selfie with your ID on the “Selfie Verification” tab.
Step 4: On this page, you have to declare you only have 1 account on coins.ph otherwise, you have to explain why you need to verify a new account.
Step 5: Fill out the information needed. Make sure to enter your real name and other information. Coins.ph will decline your verification if you enter fake information. Don’t worry, your personal information will be secured and for internal purposes only.
Step 6: This step, you have to declare your source of income. You can enter any source of income you have. It doesn’t matter whether you are domestic helper or a professional practitioner. Just provide one source of income. I declared online job. Coins.ph won’t ask how you earn though, 🙂
Step 7: As the final step for ID verification, make sure you have already a saved photo of your government issued ID on your computer or mobile phone. Your ID must be clear. Choose the right ID you have from the choices and upload and click next. You will then be notified if you have submitted successfully. Before your account is fully verified, you have to take a selfie with your submitted ID as shown on step 8 below.
Step 8: Account without selfie verification will be disapproved and you have to resubmit your application for verification. Once you complete these processes and your application is approved, you will be rewarded P10 pesos for ID verification and if someone referred you to coins.ph, you will receive an additional P50 pesos into your coins account. Both you and the referrer will receive P50 reward. Click continue. If you are using mobile device, your mobile camera will automatically open or if you are using laptop/desktop, make sure you have clear webcam as you are going to take a selfie using your laptop/desktop camera. It is advisable to use mobile when making selfie verification.
Step 9: Click “OK” to capture your selfie. Make sure your selfie is clear and not blurry. The name on your ID must be visible.
Step 10: Hold your ID properly. Make sure the name is visible before you upload it.
That’s the final step to verify your coins.ph account with your ID. You have to wait up to 48 hours or 2 days before your account will be approved. Once coins.ph approves your ID and selfie, your reward will be credited to your coins wallet.
Collect your FREE P50 cash directly in your coins wallet by referring more friends. The more you refer, the more rewards you will get. Take note, coins wallet is real cash which you can use to pay your bills (SSS, Philhealth, etc.), buy mobile load, or withdraw as cash via ATM, bank, or remittance centers in the Philippines. ONLY valid ID is needed to get FREE CASH! What are you waiting for? Sign up now!