Looking to sell Bitcoin in Mexico or pay directly to a bank account through Swapido, but need help completing the account creation and identity verification (KYC) processes? This guide is for you.
Before we dive in, remember that Swapido allows users worldwide to pay any bank account in Mexico with Bitcoin in seconds. You can use it for:
- Remittances to Mexico from abroad.
- Paying your daily expenses in Mexico.
- Cashing out your Bitcoin/crypto and sending pesos to your bank account.
Let’s get started on the steps to create an account and verify your identity.
How to Create an Account on Swapido
You can sign up to Swapido with Google or with Email. We’ll explore both methods. First, open this link: app.swapido.com/en
Sign Up with Google
- Click on “Sign in with Google”.
- Choose your Google account (log in if necessary).
- Confirm your choice.
That’s it!
Sign Up with Email
- Enter your email address.
- Click on “Sign in with Email”
- Go to your email inbox.
- Open the email with the title “Sign in to Swapido”.
- Click the button that says “Sign into Swapido in Browser”.
- Alternatively, copy and paste the link into your browser.
That’s it!
How to Verify Your Identity (KYC) on Swapido
Completing your identity verification on Swapido takes less than 3 minutes. Just make sure you have your ID in hand (or a picture of it) and a proof of address (e.g. utility bill, bank statement, etc).
Note: Unfortunately, we don’t accept customers from the United States.
- Go to app.swapido.com/en (log in if necessary).
- Click on “Begin Verification”.
- Enter your Full Name, Date of Birth and Phone Number.
- Select No to “Are you a citizen of, resident of, or currently located in, the U.S.?”
- Click on “Next”.
- Select Yes/No to “Are you a politically exposed individual?”
- Select your occupation from the list.
- Select your source of funds from the list.
- Select your expected monthly MXN volume.
- Click on “Next”.
- Upload a picture of the front of your ID (you can also take one with your camera).
- If your ID has a back side, upload it too. Otherwise, select “my ID does not have a backside”.
- Click on “Next”.
- Upload your proof of address.
- Click on “Next”.
You’ve completed submitting your information and documents for identity verification.
During business hours, we usually take around 5 minutes to approve your account.
Once you’re approved, you’ll receive an email titled:
“Approval from Swapido.com”
You have completed the account creation and identity verification processes. Now you’re ready to use Swapido to pay any bank account in Mexico instantly with Bitcoin.
If you don’t have a Lightning Network wallet ready yet, check out our guide on how to get started.