Cryptocurrency Q&A
Does Deribit kyc?
Does Deribit kyc?
Martino
Thu Sep 05 2024
|
5 answers
1105
Are you asking whether Deribit, the popular cryptocurrency derivatives exchange, conducts Know Your Customer (KYC) procedures? KYC is a standard practice in the financial industry, including the cryptocurrency sector, where exchanges and other financial institutions are required to verify the identity of their customers to prevent money laundering, terrorist financing, and other illegal activities. So, it's quite likely that Deribit, being a reputable exchange, would comply with KYC regulations and require users to provide personal information and documentation for verification purposes. However, it's always best to check the exchange's official website or reach out to their customer support for the most accurate and up-to-date information.
5 answers
KimonoSerenity
Sat Sep 07 2024
In case the automated KYC process is unsuccessful, users can try uploading better document photos. This often involves taking photos with better lighting or from a different angle to ensure clarity.
Was this helpful?
261
82
BitcoinBaronGuard
Sat Sep 07 2024
If even after trying multiple times, the automated verification does not work, users should not hesitate to seek assistance.
Was this helpful?
370
76
Carolina
Sat Sep 07 2024
For manual KYC verification, users can contact the compliance team at the exchange. For instance, at Deribit, the email address for manual KYC is [email protected].
Was this helpful?
218
75
Chiara
Sat Sep 07 2024
It's essential to comply with KYC requirements as they are put in place to protect users and the exchange from fraud and other illegal activities.
Was this helpful?
168
74
DongdaemunTrendsetting
Sat Sep 07 2024
KYC (Know Your Customer) is a crucial requirement for cryptocurrency exchanges to ensure compliance with regulations and prevent illegal activities. It involves verifying the identity of users.
Was this helpful?
88
76
