XMoney simplifies KYC, allowing account opening with only basic information.

CoinFeed reported on March 8th that, according to crypto KOL AB Kuai.Dong, the X Money account opening process currently only requires entering your name, Social Security number (similar to an ID number), and residential address. Security verification is completed using Apple's facial recognition or a PIN code, and the entire process takes less than a minute. It is understood that in addition to a virtual debit card, X Money will also offer a physical savings card, which can be used for cash withdrawals and everyday card payments via ATMs. The single bank transfer limit is $1 million, and the withdrawal limit is $100,000.