Introduction In the fast-paced world of digital finance, KYC (Know Your Customer) has become a critical process in the cryptocurrency ecosystem. Whether you’re using a crypto wallet, trading on a KYC crypto exchange, or signing up for a new crypto kyc know your customer app, you’re likely to encounter this term.
But what is KYC in crypto, and why is it so important? This article breaks down the meaning of KYC in crypto, its benefits, requirements, and the best practices for both users and platforms.