X Money account opening currently only requires your name, residential address, and other basic information. Security verification relies on facial recognition or PIN code.

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Mars Finance reports that according to the crypto KOL AB Kuai.Dong’s disclosure of the X Money account opening process, it currently only requires entering your name, Social Security number (similar to an ID number), and residential address to successfully open an account. Security verification is completed through Apple Face ID or PIN, and the entire process takes less than one minute. It is also known that besides virtual debit cards, X Money will offer physical debit cards that can be used for ATM withdrawals and daily card transactions. The single bank transfer limit is $1 million, and the withdrawal limit is $100,000.

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