Frequently Asked Question

02. Why need to be a Verified Seller

Last Updated 2 years ago

To keep Lokein a safe place to buy and sell, all members (seller & buyer) need to confirm their identity. This also helps build trust between buyers and sellers and to comply with Know Your Customer (KYC) policy. Only seller with verified account can withdraw their fund from Lokein to their registered bank account under same name. If the seller still not being verified, support team will sent a notification to seller for verification purpose so that the withdrawal process and selling activities can be done smoothly. If seller want to change their withdrawal details, seller need to re-do the verification process.

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