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Is providing passport ID on KuCoin mandatory for all cryptocurrency transactions?

avatarajay fundkarDec 27, 2021 · 3 years ago4 answers

I want to know if it is necessary to provide passport ID on KuCoin for all cryptocurrency transactions. Can I trade without providing my passport ID? What are the consequences of not providing it?

Is providing passport ID on KuCoin mandatory for all cryptocurrency transactions?

4 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, providing passport ID on KuCoin is mandatory for all cryptocurrency transactions. It is a security measure implemented by KuCoin to ensure the safety of the platform and prevent fraudulent activities. Without providing your passport ID, you will not be able to trade on KuCoin. It is important to comply with this requirement to maintain the integrity of the platform.
  • avatarDec 27, 2021 · 3 years ago
    No, providing passport ID on KuCoin is not mandatory for all cryptocurrency transactions. While it is recommended to provide your passport ID for enhanced security, you can still trade on KuCoin without it. However, not providing your passport ID may limit certain features and functionalities on the platform. It is advisable to provide your passport ID to fully utilize the benefits of trading on KuCoin.
  • avatarDec 27, 2021 · 3 years ago
    As an expert from BYDFi, I can confirm that providing passport ID on KuCoin is mandatory for all cryptocurrency transactions. This requirement is in line with the industry standards and regulations to prevent money laundering and ensure the safety of the platform. Failure to provide your passport ID may result in restrictions on your trading activities. It is recommended to comply with this requirement to avoid any inconvenience.
  • avatarDec 27, 2021 · 3 years ago
    While providing passport ID on KuCoin is not mandatory for all cryptocurrency transactions, it is highly recommended to do so. By providing your passport ID, you can enjoy additional security measures and access advanced features on the platform. It is a proactive step to protect your account and funds. However, if you choose not to provide your passport ID, you can still trade on KuCoin with certain limitations. It is important to weigh the benefits and risks before making a decision.