Know Your Customer (KYC)

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Know Your Customer (KYC)

What is Know Your Customer (KYC)?

A series of procedures known as KYC (know your customer) are used by cryptocurrency exchanges during client onboarding to confirm customers’ identities and carry out due diligence to comprehend their financial activity and dangers. These procedures must be followed carefully in order to avoid errors and should be quick, easy, and secure.

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