Good afternoon, esteemed financial experts. I am curious to inquire about the timeline for the upcoming KYC authentication upgrade at Kucoin. As a frequent user of the platform, I understand the importance of enhanced security measures and am keen to know when this upgrade will commence. Could you please provide a concise yet comprehensive overview of the expected start date and any potential implications it may have on user experience? Your insights would be greatly appreciated. Thank you for your time and attention to this matter.
6 answers
Federico
Wed Jul 17 2024
KuCoin, a leading cryptocurrency exchange, has announced an upgrade to its Know Your Customer (KYC) authentication process.
BonsaiVitality
Wed Jul 17 2024
As part of this upgrade, all new users registering on KuCoin from July 15, 2023, onwards will be subject to mandatory KYC checks.
ZenBalanced
Wed Jul 17 2024
This measure is aimed at enhancing the security and compliance of the platform, ensuring that users are properly verified and meeting regulatory requirements.
Raffaele
Tue Jul 16 2024
According to KuCoin, newly registered users who fail to complete the KYC process will not be able to access the exchange's comprehensive suite of products and services.
Elena
Tue Jul 16 2024
The KYC process typically involves submitting personal information and documents for verification, such as proof of identity and residence.