KYC (Know Your Customer)
Compliance
Identity verification required by compliance and risk policies.
KYC verifies identity for legal and risk reasons. It often includes ID checks and sanctions screening. Reputable firms disclose how data is stored and used.
Frequently asked questions
Why do platforms require KYC?
To comply with laws, reduce fraud, and enable fiat services like bank transfers and cards.What documents are needed?
Typically a government ID and sometimes proof of address. Details vary by country and provider.How is my data stored?
Check the provider’s privacy policy and security practices. Use reputable platforms with strong controls.