Why do exchanges require you to upload identification and a selfie when you register?
KYC stands for “Know Your Customer.” It refers to the process financial institutions use to verify customers’ identities and is the foundation of anti-money laundering compliance.
Key point: Before using a platform, check whether it is licensed to provide services in your region.
Many countries and regions have brought trading services for crypto assets like $BTC under anti-money laundering regulations. Currently, 81745.33.
It’s best to only invest money you can afford to lose.