Why do exchanges need to do KYC? Don’t panic—the class rep is here:
The “Travel Rule” requires service providers to collect and exchange basic identifying information about the sender and recipient when transferring funds.
The main purpose of KYC and the Travel Rule is to make fund flows traceable and prevent platforms from being used for illegal activities.
Knowledge may not make me rich overnight, but it can help me pay less in tuition fees.
$BTC 77415.84（-1.43%）
NFA, do your own research.
The “Travel Rule” requires service providers to collect and exchange basic identifying information about the sender and recipient when transferring funds.
The main purpose of KYC and the Travel Rule is to make fund flows traceable and prevent platforms from being used for illegal activities.
Knowledge may not make me rich overnight, but it can help me pay less in tuition fees.
$BTC 77415.84（-1.43%）
NFA, do your own research.