The latest strategy of crypto-exchange Bitget is to offer its users a no-deposit bonus for KYC verification. But what is the Know-Your-Customer procedure and why is it so important. Here is a brief description.
Bitget: the crypto-exchange is offering its users a no-deposit bonus for KYC verification
The popular crypto-exchange Bitget has announced a new reward for its users: a no-deposit bonus for KYC verification.
This is a perk offered that incentivizes users to familiarize themselves with the Know-Your-Customer procedure, which has also become increasingly important for the crypto industry.
And in fact, KYC is nothing more than the first stage of due diligence in Anti-Money Laundering (AML), as well as helping financial institutions determine the level of risk associated with a customer.
In this sense, even crypto-exchanges often require KYC to comply with AML regulations. By verifying the identity of their customers, crypto-exchanges such as Bitget can help prevent criminal
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