Could you elaborate on the KYC process employed by Kucoin? I'm particularly interested in understanding the steps involved, any required documentation, and how the verification process is conducted. Additionally, I'd like to know if there are any specific criteria or requirements that users need to meet in order to successfully complete the KYC process. Furthermore, is the process automated or does it involve manual review? Understanding the KYC process is crucial for me as a potential user of the platform, as it assures me of the security and legitimacy of the exchange.
7
answers
Ilaria
Wed Jul 17 2024
These documents might encompass a range of official papers, such as a passport or a driver's license.
CryptoTitan
Wed Jul 17 2024
The KYC process is a standard practice in the cryptocurrency industry, and KuCoin's move aligns with these industry norms.
henry_harrison_philosopher
Wed Jul 17 2024
Additionally, users will need to provide proof of address, which could be in the form of a utility bill or other relevant documents.
CharmedVoyager
Wed Jul 17 2024
This verification step is crucial in ensuring the security and integrity of KuCoin's platform.
Rosalia
Wed Jul 17 2024
Effective July 15, 2023, KuCoin implements a stringent Know Your Customer (KYC) process for all newly registered users.