does okx require kyc

Does OKX Require KYC?

KYC (Know Your Customer) is a regulation that requires businesses to verify the identity of their customers. This is done to prevent financial crime, such as money laundering and terrorist financing.

OKX is a cryptocurrency exchange that has a KYC policy. This means that all users of the exchange must provide proof of identity before they can use the exchange's services.

What information does OKX require for KYC?

OKX requires the following information for KYC:

• Full name
• Date of birth
• Nationality
• Country of residence
• Proof of identity (e.g., passport, driver's license, ID card)
• Proof of address (e.g., utility bill, bank statement)

How do I complete KYC on OKX?

To complete KYC on OKX, you need to follow these steps:

1. Log in to your OKX account.
2. Click on the "KYC" tab.
3. Follow the instructions on the screen to provide the required information.
4. Once you have provided all of the required information, click on the "Submit" button.

OKX will review your KYC application and verify your identity. Once your identity has been verified, you will be able to use the full range of OKX's services.

Why does OKX require KYC?

OKX requires KYC to comply with anti-money laundering and counter-terrorism financing laws. KYC helps to prevent financial crime, such as money laundering and terrorist financing, by ensuring that the exchange knows who its customers are.

Is KYC mandatory on OKX?

Yes, KYC is mandatory on OKX. All users of the exchange must provide proof of identity before they can use the exchange's services.