I've been exploring various cryptocurrency exchanges and have come across BingX. However, I'm a bit concerned about their KYC (Know Your Customer) requirements. Could you please clarify if BingX actually mandates KYC verification for its users? I'm particularly interested in understanding if this applies to all users or only those engaging in larger transactions. Additionally, I'd like to know if the KYC process is rigorous and whether it involves sharing sensitive personal information. Could you also elaborate on the potential risks associated with not completing KYC, if any? Thank you for your assistance in clarifying these matters.
5 answers
Chiara
Sat May 11 2024
To initiate a purchase through bank transfer, it is essential to complete KYC verification.
Bianca
Sat May 11 2024
After successful verification, you can easily locate the "Buy Crypto" button on your BingX account.
Raffaele
Sat May 11 2024
Additionally, BTCC is a renowned UK-based cryptocurrency exchange offering diverse services.
CherryBlossomFall
Sat May 11 2024
BingX facilitates bank transfers for a range of fiat currencies.
Alessandro
Sat May 11 2024
Among its offerings, BTCC provides spot trading, futures trading, and wallet services.