Written by Mia Lee
Updated over a week ago

Do I need KYC to buy Atari tokens and why?

You need to pass the KYC verification in order to buy Atari tokens on our platform. The aim of KYC is not to annoy the customer with bureaucracy and paperwork, but to prevent identity theft, money laundering, terrorist financing, and financial fraud. A KYC check allows us to better know our customers and manage risks accordingly.

What is an IEO?

An Initial Exchange Offering, as its name suggests, is conducted on the platform of a cryptocurrency exchange. Contrary to Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the startup that seeks to raise funds with its newly issued tokens.

What are the benefits of an IEO?

For a user, an IEO is easy to participate in as they don’t need to manage on-chain transactions with different wallets on different blockchains. Instead, a user only needs an account on the exchange and some funds in their account and can participate completely through the trusted website’s interface. Additionally, the exchange is staking its reputation behind the projects on its platform, offering a higher degree of trust behind the project.

What is the Atari token?

The Atari Token is a crypto-currency built using the Ethereum protocol (ERC20) and Decentralized Ledger Technology. Its primary objective is to be a means of payment within the interactive entertainment industry, but we believe the token will be beneficial for other industries as well.

I have a problem, where can I contact support?

If you have any problems with the KYC or need support, please contact us at [email protected] or message us using the live chat at the bottom-right corner of this page.

Is the Exchange the only place where I can buy the token?

The Atari Token is only available on the Exchange during the public sale period.

When will I receive my token?

Distribution of Atari tokens will start after the public sale is closed. All users can expect to have their tokens in their Exchange wallet within 72 hours after distribution starts.

How long Atari ICO will be open on the Exchange platform?

The Atari public sale will open from October 29th at 12:00 UTC and will close November 5th at 12:00 UTC.

Are there any restrictions for investing like the minimum to maximum?

The minimum tokens you need to purchase is one. The maximum amount per user is unlimited.

Are there any country-specific restrictions?

To learn more about the country restrictions please check out this article.

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