Step 1: Visit the Ledn Website
- Go to www.ledn.io and click on “Sign Up” at the top right corner of the page.
Step 2: Provide Personal Information
- First Name
- Last Name
- E-mail Address
- Mobile Number
Step 3: Create a Secure Password
Step 4: E-mail Verification
- Once you have submitted the information, you will receive an e-mail requesting you to verify your e-mail address.
- Look for the e-mail in your Inbox and click on the link to verify.
- Only after successful verification of your e-mail address will your account be registered on the Ledn platform.
- You will be able to explore the platform and products but will not be able to transact until the KYC process is successfully completed.
Step 5: Provide KYC Information (Identity Information)
- Legal first name: Enter all your given names exactly as they appear on your official ID. If your middle name is part of your legal given names, include it in the First Name field.
- Legal last name: Enter all your family names (surnames) in the order they appear on your ID.
- Date of Birth
- Occupation
- Occupation Industry
- Occupation Sector
- Citizenship
- Political Exposure (Indicate if you are a Politically Exposed Person (PEP), a family member, or a close associate of a PEP)
- Confirmation that the account will not be used for activities on behalf of another person or entity
- Source of Funds/Wealth
Step 6: Provide KYC Information (Residential Information)
- This information must match a recent document that proves this is your current address, such as a bank statement or utility bill. The country must also match your government ID, except in some cases such as with EU countries. For example, a resident of Italy may submit an official identity document issued by Spain.
- Full street address (including house, unit, or suite number)
- City of residence
- Country of residence
- State, province, or region
- ZIP or postal code
- Citizenship status (e.g., Citizen/Permanent Resident)
Step 7: Provide KYC Information (Asset Information)
- Indicate the main source of your funds
- State your annual household income before taxes
- Specify what you plan to achieve with your Ledn account
- Confirm that all assets were acquired legally and will be used for legal purposes
- Acknowledge that:
- Ledn is a self-directed platform.
- Ledn does not provide advice or recommendations regarding digital asset transactions.
- You are solely responsible for your investment decisions, profits, losses, and tax consequences.
Step 8: Identity Verification
- After completing the information gathering process, click ‘Continue.’
- Upload an image of a valid, government-issued photo ID.
- Ensure the document is from the country of residence you provided.
Step 9: Address Verification
- Submit a valid proof of residence document, such as a utility bill or bank statement.
- Ensure the document:
- Is issued in your name.
- Matches the address information you provided.
- Is no older than 90 days.
Step 10: Await Approval
- If your application passes the automated verification process, you will receive a confirmation message.
- Upon successful KYC completion, you will receive an e-mail confirming that your account is enabled for transactions.
What if the automated verification fails?
- If the automated verification fails, your case will be assigned to a Ledn AML Compliance Analyst for manual review.
- The possible outcomes:
- Manual approval of your case.
- Guidance from the Customer Success team for additional steps, such as uploading clearer documentation or a different proof of address.
- Manual reviews typically take up to 48 hours to complete.
Additional Details:
- Security: All personal information is encrypted and securely stored.
- No Credit Checks: Ledn does not perform credit checks during the account setup process or during loan applications.
- Approval Time: Most verifications are processed within 1-2 business days, although delays may occur if additional documentation is needed.