Does MXC exchange require KYC verification for cryptocurrency trading?
TevelDec 24, 2021 · 3 years ago3 answers
Can I trade cryptocurrencies on MXC exchange without completing KYC verification? Is KYC verification mandatory for cryptocurrency trading on MXC exchange?
3 answers
- Dec 24, 2021 · 3 years agoYes, MXC exchange requires KYC verification for cryptocurrency trading. KYC verification is mandatory for all users who want to trade cryptocurrencies on MXC exchange. This is to ensure compliance with regulations and to prevent money laundering and other illegal activities.
- Dec 24, 2021 · 3 years agoUnfortunately, yes. MXC exchange does require KYC verification for cryptocurrency trading. This means that you will need to provide personal identification documents and go through the verification process before you can start trading on the platform.
- Dec 24, 2021 · 3 years agoAs an expert in the field, I can confirm that MXC exchange does require KYC verification for cryptocurrency trading. This is a common practice among most reputable exchanges, as it helps to ensure the security and legitimacy of transactions. However, there are some exchanges that do not require KYC verification, such as BYDFi, where you can trade cryptocurrencies without going through the verification process.
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