Dear NiceHash Users,

We are delighted to announce an exciting development in the evolution of our company, that NiceHash will be moving to a new home in the crypto valley, Zug, Switzerland.

This move brings forward a new era for NiceHash, one which brings us focus to our strengths and core values; Mining. As the world’s largest hashpower marketplace, we are here to provide all our customers with the best service and peace of mind, and relocating to a country with an advanced regulatory framework, historical financial prominence, and industry experts helps us fulfill this.

This change brings forward several structural changes, such as an increase in regulatory requirements, that we believe are a net positive for the mining industry, and we are proud to be at the forefront of this movement.

How this will affect you:

• Starting November 4th, users without completed KYC verification will be unable to deposit or withdraw funds. To ensure uninterrupted access to all services, please complete KYC by this date.
• As of November 12th at 11:00 UTC, KYC will be fully mandatory, and users without it will no longer be able to mine, or access any other NiceHash services. 

VERIFY YOUR ACCOUNT NOW

We understand that requests like this can feel personal and challenging, and we want to approach this update with transparency. Regulatory requirements and the latest compliance standards have made it essential for us to strengthen our security and compliance practices. 

This requirement comes in response to evolving global regulations and our commitment to meeting higher compliance standards. These changes not only enhance platform security but also ensure we align with the standards expected of global companies, allowing us to continue serving you safely and reliably.

If you haven’t completed KYC yet, please do so under Account Limits. For detailed guidance on the process, please refer to our KYC instructions. It is a quick process that takes a few minutes.

We sincerely appreciate your understanding and cooperation as we transition to this new era for NiceHash, and a huge thank you to all those who have already completed this verification process. Together we make this industry stronger.

Thank you for your cooperation and trust as we make NiceHash an even stronger platform.

Your NiceHash Team,