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Is it mandatory to verify my identity on KuCoin US?

avatarLegendary_Silver_WolfDec 16, 2021 · 3 years ago3 answers

Do I have to go through the identity verification process on KuCoin US?

Is it mandatory to verify my identity on KuCoin US?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is mandatory to verify your identity on KuCoin US. This is in line with the regulations and policies set by the platform to ensure the security and compliance of the exchange. By verifying your identity, you can enjoy higher withdrawal limits and access to additional features and services.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! KuCoin US requires all users to complete the identity verification process. It's a standard procedure followed by most reputable cryptocurrency exchanges to prevent fraud, money laundering, and other illegal activities. So, make sure to have your identification documents ready before signing up on KuCoin US.
  • avatarDec 16, 2021 · 3 years ago
    While I can't speak specifically for KuCoin US, many cryptocurrency exchanges have made identity verification mandatory due to regulatory requirements. It's a way for exchanges to comply with anti-money laundering (AML) and know your customer (KYC) regulations. By verifying your identity, you can help ensure the safety and security of your funds and the overall integrity of the platform.