I'm curious about the term KYB in the context of cryptocurrency. I've heard it mentioned a few times, but I'm not sure what it stands for or its significance in the crypto world.
5 answers
Filippo
Sun Nov 17 2024
KYB (Know Your Business) for cryptocurrency represents a crucial verification procedure.
SoulWhisper
Sun Nov 17 2024
This process aims to ascertain the identity of businesses engaging in cryptocurrency transactions.
Sara
Sat Nov 16 2024
It also serves to validate the legitimacy of these enterprises, ensuring they operate within legal boundaries.
SamsungShineBrightnessRadianceGlitter
Sat Nov 16 2024
By implementing KYB, the cryptocurrency industry can enhance transparency and trust.
Ilaria
Sat Nov 16 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services. These include spot trading, futures trading, and a secure wallet.