Definition: KYC

“Know Your Customer”. Refers to all processes allowing to prove someone’s identity. ExchangeExchange platform for crypto assets (Binance, Kraken…) Lire la suite platforms
always ask to go through KYC check process where you must send a copy of your ID, proof of housing, and a selfie.
This is a legal obligation which aims to prevent fraud, money laundering and terrorism financing.

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