Cryptocurrency Q&A
Does MEXC need KYC?
Does MEXC need KYC?
Eleonora
Sun Dec 15 2024
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5 answers
1500
I am considering using MEXC for trading but I am not sure if they require KYC verification. I am wondering if MEXC needs KYC because I want to understand the privacy and security measures they have in place.
5 answers
CryptoSavant
Tue Dec 17 2024
MEXC offers three distinct levels of Know Your Customer (KYC) verification, tailored to meet the varying needs and risk appetites of its users.
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Valentina
Mon Dec 16 2024
Each KYC level comes with its unique set of benefits and associated requirements, ensuring a secure and streamlined trading experience.
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Eleonora
Mon Dec 16 2024
For those opting for Level 1, or Basic KYC verification, the process is relatively straightforward and quick. It requires users to verify their email address and phone number.
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CryptoChieftainGuard
Mon Dec 16 2024
Upon completion of Level 1 KYC, users gain access to basic trading functions on the MEXC platform. This allows them to start buying and selling cryptocurrencies immediately.
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GyeongjuGlorious
Mon Dec 16 2024
However, it's worth noting that Level 1 KYC verification comes with certain limitations, particularly in terms of withdrawal amounts. This is a security measure to protect users and prevent potential fraud.
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