common-close-0
BYDFi
Trade wherever you are!

How does KYC verification work on Binance?

avatarSammy EbrightDec 16, 2021 · 3 years ago1 answers

Can you explain the process of KYC verification on Binance in detail?

How does KYC verification work on Binance?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can say that KYC verification is a standard practice in the cryptocurrency industry. Many reputable exchanges, including Binance, require KYC verification to comply with anti-money laundering (AML) and know your customer (KYC) regulations. This helps to create a more transparent and secure trading environment for all users. If you have any concerns or questions about the KYC process on Binance, you can reach out to their customer support for assistance.