Find answers to common questions about DATAN membership, verification, and our role in the industry.
Start by visiting our Membership page and clicking "Register Now". Choose your member type
(Individual or Corporate), fill out the form, and submit required KYC documents. After approval
and fee payment, your membership is active.
Membership fees depend on the membership type (Individual/Corporate) and specific role (Trader,
Broker, Exchange). You can find the detailed fee structure on the Membership page or during the
registration process.
Individuals typically need a valid Government ID (like NIN or Driver's License) and Proof of
Address. Corporates need their CAC Certificate, Proof of Address, and Director KYC details.
Specific requirements are listed during registration.
Our compliance team aims to review applications within 24-72 business hours. Delays can occur if
submitted documents are unclear or incomplete.
No, DATAN is an independent, non-governmental, self-regulatory body (SRO). We work
collaboratively with government agencies (SEC, CBN, EFCC) but are founded and run by industry
professionals.
Our core mission is to unite and empower OTC/P2P crypto traders, advocate for regulatory clarity
and government recognition, promote ethical standards through our Code of Conduct, and enhance
trust and transparency in Nigeria's digital asset market.
We establish and enforce a Code of Conduct for all members, promoting ethical trading practices.
We also facilitate dispute resolution and collaborate with law enforcement by standardizing
compliance, which helps deter illicit activities.
