KYC – Know Your Customer

Do you know how high-level security area, have retina and fingerprint scanners to let people in? Consider KYC a similar kind of key! It is your identity but for the businesses, you collaborate with When you add the details, it gives regulators of businesses, Room to understand the level of risk of their customers. Your KYC or identity in this compliance includes, Your official verification in terms of – Passport Driver’s Licence Aadhar Card PAN Card These verifications are issued by the government. These are primarily needed by your financial firms like – Your Banks Investment firms Crypto exchanges Because it helps them in verifying their clients, be it a person or organisation, legitimacy.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.

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