Why Fomo Asks for Identity Verification Before Bank Withdrawals

Fomo asks for identity verification before your first withdrawal to a bank account. The check is run by Fomo's banking partner, Spritz, which handles bank withdrawals for US accounts; Fomo says it doesn't collect or store your documents itself. You need a valid, unexpired government ID such as a passport or driver's license. Once you pass, later bank withdrawals skip the check.

You don't need ID to sign up, deposit with crypto or trade tokens. The check is tied to moving money between Fomo and a bank.

Why Fomo needs to verify you

A bank withdrawal turns crypto into dollars in a bank account, and the company doing that conversion has to know who it's paying. That's Spritz, not Fomo. The check also confirms your age: you must be 18 or older to use Fomo, and verification for bank withdrawals is where that's checked.

Some other moments can ask for a check too. A first card or Apple Pay deposit can, depending on your account, and a US bank deposit runs verification and bank linking the first time. Perps can ask for one as well, under Fomo's terms. But for most people, the first bank withdrawal is where it comes up.

How the check works

1. Open the Portfolio tab, tap the three dots next to the plus sign on your cash balance, then Withdraw, then Bank account.
2. The app takes you into the verification steps on the partner's screens.
3. Photograph your ID. Use a passport or driver's license that hasn't expired, with all four corners in the frame and no glare.
4. Complete any other steps the screen asks for.
5. Once verified, add your bank account and continue the withdrawal.

Finish it in one go. Verification links and bank-connection sessions expire after a while, and an old link from an earlier email won't work.

Why a check gets rejected

• An expired ID. Check the expiry date before you start.
• A blurry or cropped photo. Shoot in good light, flat on a dark surface, with the whole card visible.
• The wrong kind of ID. School IDs and military IDs aren't accepted.

If the screen offers Try again, retry with a valid document. If it shows Contact support instead, that button opens an email to Spritz with Fomo copied in, and Spritz takes it from there.

"Link expired" or "session timed out"

You left a step open too long or opened an older verification email. Start the bank withdrawal again from the app and use the newest message. If the same error comes back after a fresh attempt, contact Fomo support so the team can look at your case.

Is it safe?

The check happens on the partner's screens inside the app, and Fomo says it doesn't keep your documents. What you should never do is send a photo of your ID to anyone who messages you claiming to be Fomo. Fomo's support doesn't contact people first, and it never asks for your ID by DM or email out of the blue. The only real place to verify is the Withdraw, then Bank account flow in your own app.

Don't want to verify?

You can still take money out as crypto. Choose Withdraw, then Crypto wallet, and send USDC to your own wallet or to an exchange. If you're outside the US, that's the only route anyway, because bank withdrawals are for US accounts.

Common questions

Do I need to verify to trade?

No. Signing up, crypto deposits and trading tokens don't require ID.

How long does verification take?

Fomo doesn't publish a time. If yours stalls, start the withdrawal again and use the newest link.

I verified but my withdrawal is slow

Verification is a one-time step. The withdrawal itself then follows the speeds in how long a Fomo bank withdrawal takes.