KYC — when and why

No KYC. Sign up with email, log in via magic link. We collect: your email, your dYdX wallet address (you provide it during the trading-key wizard), your Stripe customer ID (when you subscribe). No ID documents, no proof-of-address, nothing else.

This works because we don't custody funds and we don't process traditional fiat payouts.

Phase 2 trigger: opening Botely to the general public WITH paid subscriptions handled at scale, possibly with revenue sharing or affiliate programs that move money beyond simple Stripe subscriptions.

If we ever introduce a custodial product (e.g., 'deposit USDC with Botely, we manage it'), KYC becomes mandatory under EU AML directives + MiCA — but that's not on the roadmap.

Standard EU AML 'simplified due diligence' for paid users: full name, date of birth, residential address, country.

For higher-value tiers or revenue-share affiliates: government-issued ID document (passport or national ID), selfie verification, proof-of-address (utility bill or bank statement < 3 months old).

All KYC would be handled by a regulated KYC provider (Sumsub, Onfido, or similar), not stored directly by Botely beyond a pass/fail status.

GDPR applies. You can request deletion of your account at any time. KYC documents would be retained per the regulated provider's legal obligation (typically 5-10 years), separate from your Botely account proper.

Right of access, right of rectification, right of erasure (where compatible with AML retention): all standard EU rights apply.