Cryptocurrency Q&A
Does Bitkub require KYC?
Does Bitkub require KYC?
Caterina
Thu Oct 03 2024
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7 answers
1483
I'm curious to know if Bitkub, a popular cryptocurrency exchange in Thailand, mandates Know Your Customer (KYC) procedures for its users. KYC is a standard practice in the financial industry, aimed at preventing money laundering, terrorist financing, and other illegal activities. It typically involves verifying the identity of customers through various documents and checks. So, does Bitkub require its users to undergo KYC verification in order to trade cryptocurrencies on its platform?
7 answers
CryptoVisionary
Fri Oct 04 2024
Unfortunately, our policies strictly prohibit unverified customers from depositing Thai Baht (THB) into their accounts. This measure is in place to ensure the security and integrity of our platform, as well as to comply with regulatory requirements.
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Valentina
Fri Oct 04 2024
Our team works diligently to process verifications as quickly as possible, but the time frame may vary depending on various factors such as the completeness of the submitted information and the current workload.
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Raffaele
Fri Oct 04 2024
We recommend that customers carefully read our verification guidelines and follow the instructions carefully to ensure a smooth and efficient verification process.
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Eleonora
Fri Oct 04 2024
The verification process is an essential step for all customers who wish to use our services. It allows us to confirm the identity of our users and minimize the risk of fraud and other illegal activities.
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CryptoNinja
Fri Oct 04 2024
Until the verification is successful, customers will not be able to generate coin wallets on our platform. This is to protect their assets and prevent any potential security breaches.
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