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Basic Questions about Cryptos / Re: KNOW YOUR CUSTOMER (KYC)
« on: January 30, 2024, 12:23:53 PM »
Doing KYC is not new and it's the important part when dealing with centralized platforms, it's mostly used to keep track of your identity and wants to be sure you are the real owner of the account you creating with them. Also, it is used to avoid third party payment confusion between traders especially when performing p2p transactions