Does KuCoin require KYC to be completed before allowing withdrawals?

3 answers

• Nov 29, 2021 · 3 years ago
  Yes, KuCoin requires users to complete the KYC (Know Your Customer) process before allowing withdrawals. This is a standard procedure followed by most cryptocurrency exchanges to ensure compliance with regulations and prevent money laundering and fraud. The KYC process typically involves providing identification documents such as a passport or driver's license, as well as proof of address. Once the KYC process is completed and approved, users can withdraw their funds from KuCoin.
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• Nov 29, 2021 · 3 years ago
  Absolutely! KuCoin has a strict policy of requiring users to complete the KYC process before they can withdraw funds. This is to ensure the security and integrity of the platform, as well as to comply with regulatory requirements. By completing the KYC process, users can enjoy a higher level of security and have peace of mind knowing that their funds are protected.
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• Nov 29, 2021 · 3 years ago
  Yes, KuCoin does require KYC to be completed before allowing withdrawals. However, it's important to note that this is a standard practice in the cryptocurrency industry. KYC helps prevent fraud and money laundering, and it also ensures that the platform remains compliant with regulations. So, while it may seem like an inconvenience, it's ultimately for the benefit of all users and the overall security of the platform.
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