Is KYC mandatory for using Binance US?
Jasem KhajesalehiDec 27, 2021 · 3 years ago3 answers
Can I use Binance US without completing the KYC process?
3 answers
- Dec 27, 2021 · 3 years agoYes, KYC (Know Your Customer) is mandatory for using Binance US. It is a regulatory requirement to verify the identity of users and prevent fraud and money laundering. You will need to provide personal information and documents to complete the KYC process.
- Dec 27, 2021 · 3 years agoAbsolutely! KYC is a must if you want to trade on Binance US. It's all about ensuring the safety and security of the platform and its users. By verifying your identity, Binance US can comply with regulations and protect against illegal activities.
- Dec 27, 2021 · 3 years agoWhile KYC is mandatory for using Binance US, there are other cryptocurrency exchanges that offer trading without KYC. However, it's important to note that KYC helps in maintaining a secure and compliant trading environment, which is beneficial for both users and the exchange.
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