Preventing Illegal Activities
By authenticating customers, exchanges can identify malicious individuals and criminals and prevent them from accessing the platform.
Building Trust and Confidence
Users can use exchange services with greater confidence and trust other users with confidence.
Combating Money Laundering and Terrorist Financing
KYC is a key measure in preventing financial crimes and financial institutions are required to implement it to reduce abuse of the financial system.
Creating a Secure Trading Environment
User authentication allows exchanges to create a safer and more trustworthy environment and reduce the risk of fraud.
Identity Verification in Peer-to-Peer (P2P) Exchanges
In P2P exchanges, where users trade directly with each other, KYC plays a vital role in ensuring the security of transactions.
Need help?
If you have any questions about the KYC process or how to complete it, contact our experts to guide you and ensure a safe and comfortable trading experience.
+1 647 553 2000
+1 647 553 7000
+1 647 429 7000
This post is for informational purposes only; the final decision is yours.
For informational purposes only. Final decisions are yours.
