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What is Know Your Customer (KYC), and why do kyc crypto exchanges require it?
Manage episode 425828621 series 3551028
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KYC Crypto involves verifying clients' identities to prevent money laundering and fraud. Cryptocurrency exchanges require it to comply with regulations, enhance security measures, build trust among users, and ensure transparency. By completing the KYC process, users can enjoy a safer and more regulated trading environment.
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