Crypto GlossaryKYC check
KYC check
The KYC (Know Your Customer) process involves collecting and verifying personal and financial information about the client, such as their name, address, date of birth, and government-issued identification documents. This process may involve document verification, identity verification, and other measures to ensure that the client's information is accurate and up-to-date. The KYC process can also be time-consuming and may require clients to provide sensitive personal information, which can be a concern for some traders.
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