X Money Launches Simplified Onboarding Process with Facial Recognition or PIN Verification

KuCoinFlash

Release Time: 03/08/2026 03:15:35

Summary

X Money has launched a streamlined onboarding process featuring AML checks via facial recognition or PIN verification. Users need only provide their name, Social Security number, and address, with setup completed in under a minute. The service supports both virtual and physical cards for ATM withdrawals and everyday purchases, with a $1 million transfer limit and a $100,000 withdrawal cap. Increased liquidity and crypto market activity are expected as the platform lowers entry barriers.

Odaily Planet Daily report: Crypto KOL AB Kuai.Dong has revealed the X Money account opening process, which currently requires only the input of name, Social Security Number (similar to an ID number), and residential address to successfully open an account. Security verification is completed via Apple Face ID or a PIN code, and the entire process takes less than one minute.

According to reports, the X Money feature will include not only a virtual debit card but also a physical savings card, enabling cash withdrawals at ATMs and everyday card payments, with a single bank transfer limit of $1 million and a withdrawal limit of $100,000.

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