Login All news Marketcap Crypto Glossary Exchange Crypto meme
2020 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary

KYC

Know Your Customer (Client) ... the process of verifying the identity of clients and/or business partners, in order to reduce risks tied to illegal money transactions or other criminal intentions.

In the Crypto space, KYC is used in connection with bank regulations and anti-money laundering laws that intend to control the flow of funds from and to illegal organizations.

Due to this, several levels of verification are required for new clients of pretty much all centralized crypto exchanges.


Top Gainer24h
Theta Token
$0.7273
14.29
Top Looser24h
Covesting
$0.307
-34.76
Crypto Glossary
No-Coiner
A person who holds on crypto coins or tokens. These are usually opponents o…
Bollinger Band
A margin around the price of a crypto that helps indicate when a coin is ov…
Whitelist
One of the initial steps taken by any ICO organizer, is to do a market rese…
Great. First of all, please join us!
To customize your feed you must log in first. Allthecryptonews is a community to share and geek out about the latest news in cryptocurencie, ICO’s and so on. Join us.
We'll never post to any of your accounts without your permission.