Is KYC verification mandatory for trading on KuCoin?
DhariniNov 23, 2021 · 3 years ago3 answers
Can I trade on KuCoin without completing KYC verification?
3 answers
- Nov 23, 2021 · 3 years agoYes, KYC verification is mandatory for trading on KuCoin. It is a requirement imposed by the exchange to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. By completing the KYC verification process, users provide proof of their identity and address, which helps prevent fraudulent activities and enhances the security of the platform.
- Nov 23, 2021 · 3 years agoUnfortunately, you cannot trade on KuCoin without completing KYC verification. The exchange has implemented this requirement to comply with regulatory standards and prevent illegal activities such as money laundering. KYC verification helps establish the identity of users and ensures a safer trading environment for everyone.
- Nov 23, 2021 · 3 years agoAlthough KYC verification is mandatory for trading on KuCoin, there are some exceptions for certain regions or specific trading pairs. However, it is always recommended to complete the KYC process to fully access the features and benefits of the platform. KYC verification helps protect users and the exchange from potential risks and ensures a more secure trading experience.
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