When did Kucoin start requiring KYC for account holders?
Dhananjay HireyOct 11, 2024 · 9 months ago3 answers
Can you provide information on when Kucoin started requiring KYC (Know Your Customer) for its account holders? I'm curious to know when this policy was implemented and how it has affected the user experience on the platform.
3 answers
- Murty KirlampalliNov 16, 2020 · 5 years agoKucoin started requiring KYC for account holders in early 2018. This policy was implemented as part of their efforts to comply with regulatory requirements and enhance the security of their platform. While some users may find the KYC process time-consuming, it helps to ensure a safer trading environment and reduces the risk of fraudulent activities.
- Chyngyz NuristanovJun 30, 2025 · 19 days agoAs of my knowledge, Kucoin introduced the KYC requirement for account holders in 2018. This move was aimed at strengthening their compliance with anti-money laundering (AML) regulations and preventing illicit activities on their platform. Although the KYC process may seem inconvenient for some users, it plays a crucial role in maintaining the integrity of the exchange and protecting the interests of its users.
- Rinku KumarNov 03, 2023 · 2 years agoStarting from early 2018, Kucoin made it mandatory for account holders to complete the KYC process. This decision was driven by the need to establish a more secure and transparent trading environment. While the KYC requirement may cause some initial inconvenience, it ultimately contributes to a safer ecosystem where users can trade with confidence.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 86191How to Trade Options in Bitcoin ETFs as a Beginner?
1 3309Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 1261How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0223Who Owns Microsoft in 2025?
2 1221The Smart Homeowner’s Guide to Financing Renovations
0 1163
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More