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.

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.