Understanding 'KYC'

KYC stands for Know Your Customer (or Know Your Client) and is the mandatory verification of a customer's identity.

When dealing with large exchanges, KYC is essentially unavoidable. This is because [...]

What is KYC and how does it work?

Is the KYC process safe? Where does my information go?

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What are the implications of KYC?

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Do I have to submit KYC documenation?

The short answer is no.

You can use a cryptocurrency ATM to buy funds with cash, or you can use websites such as:

Buying BTC without KYC

You don't have to give away sensitive personal data. Here are some tips on how to buy BTC without risking identity theft.

Bitcoin is a peer-to-peer system, which means you can purchase BTC through private interactions.

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