What KYC means
KYC usually asks users to verify their identity with a document, selfie or proof of address. Exchanges and crypto card providers use it to meet financial rules and reduce fraud.
Why it matters
KYC can affect deposits, withdrawals, card access, fiat payments and available products. It is one of the most important filters when comparing exchanges.
Common mistake
Do not treat KYC in crypto as a universal rule. Exchanges, wallets and card apps may use the same term differently, especially around limits, fees, networks and account restrictions.
User action
Before relying on this term, check the provider's official help page, fee schedule or product terms. If funds are involved, test with a small amount first and keep a record of the transaction or setting.
Related pages
Read the full KYC guide or compare no-KYC exchange research.
How to use this term
Use KYC notes to understand what a platform may ask before deposits, withdrawals or higher limits.
What to check
Check required documents, country support, withdrawal limits and whether extra source-of-funds questions can appear later.