Is Changelly KYC mandatory for all users?
Praveen singhNov 23, 2021 · 3 years ago3 answers
Can anyone use Changelly without going through the KYC process?
3 answers
- Nov 23, 2021 · 3 years agoYes, Changelly requires all users to complete the KYC (Know Your Customer) process before they can use the platform. This is to ensure compliance with regulations and prevent illicit activities such as money laundering. Users need to provide identification documents and personal information to verify their identity. Once the KYC process is completed, users can enjoy the full functionality of Changelly.
- Nov 23, 2021 · 3 years agoAbsolutely! Changelly has made KYC mandatory for all users to maintain a safe and secure trading environment. By verifying the identity of users, Changelly can prevent fraudulent activities and protect the interests of its customers. Although the KYC process may seem inconvenient, it is a necessary step to ensure the integrity of the platform and comply with regulatory requirements.
- Nov 23, 2021 · 3 years agoYes, Changelly does require KYC for all users. However, there are some exceptions for small transactions. If you're only planning to make small trades, you may not be required to go through the full KYC process. But keep in mind that larger transactions or certain activities may trigger the need for KYC verification. It's always best to check Changelly's official website or contact their support team for the most accurate and up-to-date information regarding their KYC requirements.
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