🛡️ Why is verification required?
Under the European regulation known as the Travel Rule, Finary must ensure that cryptocurrency withdrawals are made to a wallet or exchange account owned by the verified account holder.
This regulation helps combat money laundering, fraud, and enhances the security of the crypto ecosystem.
🔎 When does this verification take place?
You may be asked to verify wallet ownership if:
You are withdrawing crypto to a personal wallet (e.g. Ledger, Metamask, Trust Wallet)
The regulatory context or the nature of the transaction requires additional verification
✅ No verification is required when withdrawing to an exchange account. In that case, Finary simply shares your identity with the receiving exchange so it can verify that the account belongs to the same person.
🧰 How does the verification with Notabene work?
You only need to complete this process once per wallet address.
When required:
You’ll be redirected to Notabene, our verification partner, during the withdrawal process
You’ll be asked to select the wallet type (self-custody or exchange)
Once the address is verified, it will be saved for future withdrawals
📌 Learn more about how to withdraw crypto from Finary.