In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on whether BTC will soar to $100K by 2024.

The extreme volatility of Bitcoin and periods of strong growth throughout its history have created substantial wealth for many investors. Bitcoin breached $70,000 earlier in 2024, and many investors are eagerly awaiting price movement to $100,000.

, we ask, “Will Bitcoin Soar to $100K by 2024?”

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Sep 11, 2024 were four distinguished guests:

Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores if Bitcoin’s price will reach $100K by 2024.

Bitcoin's Journey — Looking Back to Look Forward

At the start of the livestream, Michael Ionita created an automated trading order to demonstrate how easy it is. It remained running in the background until the end of the stream, when our guests reviewed the order.

Throughout the years, Bitcoin’s price has been influenced by the Jackson Hole Economic Symposium, government policy, ETF applications and other factors. Henrique Centieiro stated that short-term macroeconomics are impacted by the Federal Reserve. The economy is currently relatively shaky, and he anticipates more money will be printed. When this last took place, the stock market shot up, and Bitcoin’s price increased substantially. Centieiro attributes this to the level of increased money in circulation.

Referring to a chart that shows a correlation between lowered U.S. interest rates and Bitcoin’s price, Ionita demonstrated that increased money supply has boosted Bitcoin’s prices.

Jerry Li is bullish over the next six months. He reminded us that inflation weakens both the U.S. dollar and purchasing power, and as interest rates drop, he sees a correction in the crypto market that will positively affect Bitcoin’s price.

Centieiro stated that some people will take profits during the rate adjustment. He believes that the next month may be bearish, but there will then be a bull rush.

Ionita said that the market has been impacted by Russia’s new Bitcoin policy, asserting that this is bringing more funds into Bitcoin. However, many people in Russia are holding Bitcoin on a short-term basis because they’re making purchases with it. This makes Russia’s policy impact both bullish and bearish: Ionita maintains that other countries may act on this by prohibiting or limiting Bitcoin because of world events.

Meanwhile, Centieiro stated that the amount of money being kept on exchanges is at an all-time low, which means people are holding for a longer period of time. Bitcoin miners continue to invest in mining equipment. In addition, Michael Saylor has stated that Bitcoin’s price will reach 

Li drew attention to the fact that recently, hash power has increased dramatically, which is attributable to the entrance of more people and countries into the crypto market.

Ionita described the Bitcoin Spot ETF rally of 100%, attributing it to massive public interest. He believes BTC’s price is being heavily restricted because of this huge interest, and expects its price to rise by the end of October, based on the interest in Bitcoin Spot ETFs.

Centieiro said that there’s a lag as money managers decide whether to invest or not. Adding Bitcoin to a fund, even in small amounts, increases diversity and lower risks. He believes this is a win-win situation for money managers.

Li reminded us that Bitcoin will definitely reach $100,000 at some point, but nobody knows when. The upcoming U.S. election may drive its price up, but it could also bring greater volatility. Other catalysts may drive the price up as well.

Ionita referred to his screen again, saying that it’s hard to predict a price for something with multiple variables. However, he referred to the Fibonacci cycle for the current market, which reveals a Bitcoin price prediction between $200,000 to $300,000, adding that it’s impossible to predict the time frame. The average cycle time, however, is 1,069 days, which would extrapolate to the end of October 2025, but this time frame is fuzzy. He believes $200,000 is realistic for the cycle.

Centieiro described some price movement obstacles that have prevented Bitcoin’s price increase or slowed the time frame for BTC hitting $100,000 — the uncertainty of the U.S. election, for one. He also referred to a chart showing a lower flow in market-based mining activity. This indicates a type of magnet for the price. Centieiro also introduced a power log that shows BItcoin’s price should currently be around $90,000. He believes the current price is a pressure cooker, and the price will therefore greatly increase.

Zitane said the main risks that could stymie BTC price growth are regulatory uncertainty, economic instability and military conflicts, among others, directly affecting BTC’s price.

Ionita added that investors should get out of any risky asset in a downturn in order to prevent loss. He stressed the importance of understanding that both BTC and the U.S. dollar are preferred as investments in different situations, and showed a graph indicating that dollar-cost averaging (DCA) isn’t a wise approach for risky assets.

Li, however, stated that he uses DCA. He believes it’s a healthy strategy over a long period of time, due to his confidence that Bitcoin’s price will eventually go back up after a dip.

Centieiro agreed with Ionita that it’s not advisable to use DCA for an asset that’s going to zero. However, he doesn’t believe that Bitcoin will ever go to zero. Centieiro believes in DCA as a solid, long-term strategy to smooth out BTC market volatility.

Zitane has a simple strategy: he only uses DCA. He makes a purchase, and then buys again if the price goes down. He pays attention to the news, keeps buying when the price goes down and continues to reduce his average price.

Ionita reminded us that you can make more money with manual trading if you know what you’re doing. Most people aren’t professional traders, though, and can get wrecked in a bear market if they don’t stay on top of things. He recommends that these traders use an automated algorithm.

Smart Trading — Entering and Exiting with Confidence

Centieiro explained how he enters a trade: he buys BTC and holds it for at least a few years, looking for a relatively cheaper price as compared to previous prices. This is determined by a look at the 200-day moving average. He also looks at the Crypto Fear & Greed Index. Centieiro explained that investors must decide how long they plan to hold BTC 

 buying it. He invests a portion of his investment amount at one time, and spreads the rest of his investment out over several weeks.

Ionita, however, holds his BTC over several months. He looks at Fibonacci and other charts to invest funds in BTC and several other assets, based on risk. He maintains a specific allocation, with more allocation to the least risky assets.

This session of the Learn 101 livestream highlighted “Will Bitcoin Soar to $100K by 2024?”

As part of the livestream, Bybit is holding an 

 that offers you a chance to participate in our pop quiz and win a share of 300 USDT in airdrops. The event period is through September 18, 2024, 11:59PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies!

Intermediate

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Learn Live ICYMI: Will Bitcoin Soar to $100K by 2024?

Self Chain (SLF) is a Layer 1 network that provides a cross-chain keyless wallet solution, along with modular intent-based transaction execution capabilities.

 can be tedious and frustrating, especially for beginners. At the same time, careful private key management is crucial if the user wants to avoid security breaches or the loss of access to their wallet. 

Wouldn't it be great if you could transact securely on blockchains using your social media logins while also enjoying the cryptographic protection features provided by crypto wallets? And without the need for private key or 

This is exactly what Self Chain (SLF), an innovative 

 blockchain project, offers to the crypto user community.

multi-party computation — threshold signature scheme

 (MPC-TSS), Self Chain offers keyless wallet services that let you transact across multiple chains and applications. Additionally, its solution comes with a large language model (LLM) intent-based chat assistant to find you the best deals and transaction options in the cryptocurrency world.

 (SLF) is a decentralized platform that describes itself as the first modular intent-centric access Layer 1 blockchain. 

It provides two key services: an AI-driven chat assistant that helps users carry out intent-based transactions, and a keyless wallet solution that facilitates multichain logins and transactions without the need for private key or seed phrase management. Self Chain’s Layer 1 network is based on the popular Cosmos SDK blockchain development framework. 

 (ATOM) ecosystem, Self Chain uses the delegated proof of stake (DPoS) block processing method, with validator nodes securing the network.

The project was initially called Frontier (FRONT). It began its network operations with the launch of an incentivized testnet in April 2021. In mid-2024, Frontier was rebranded to Self Chain and launched its mainnet.

Self Chain's AI chat assistant accepts voice and textual inputs from the user, and searches multiple blockchain platforms and 

 (DApps) to find the best possible deals. This service can be used in various areas, including 

 (DeFi). For instance, crypto gamers can use Self Chain’s intent-based search for the best deals on gaming 

 assets, while DeFi traders can instruct the assistant to find the best rates for specific coin swaps.

The platform's keyless wallet infrastructure service allows users to securely use email- and social media–based 

 logins to blockchain apps and platforms. This is enabled by splitting the wallet's seed phase into three parts, each stored separately — one encrypted on the user's device, the second encrypted and stored on the Self Chain network in a decentralized manner and the third reserved for wallet recovery purposes..

The platform's chat assistant is based on an LLM model that transforms user inputs into signed automated intent instructions. These instructions are passed to Intent Searchers, entities that scout the blockchain ecosystem for the best deals and most efficient paths for the intended transaction. Once the optimal source is found, Intent Searchers pass the request to intent solvers, whose job is to execute the transaction.

Blockchain DApps that aspire to become Searchers and solvers within the Self Chain ecosystem can use the Intent DSL SDK, a development framework offered by the platform. Using the SDK, DApps can integrate into the platform's architecture and translate user intent commands into executable searches and transactions.

The Self Chain keyless wallet service is powered by MPC-TSS technology, which permits splitting the user's private key, seed phrase or other secret identifier into multiple fractions, each stored independently to avoid a single point of failure. As a security technology, MPC-TSS predates blockchain, and can be applied in a chain-agnostic manner.

In Self Chain's implementation of MPC-TSS, there are three seed phrase fractions, with the two main ones — the Personal Share and the Remote Share — held on the user's device and the blockchain, respectively. When an operation is carried out, the Personal Share is matched against the Remote Share to facilitate the transaction. A network of MPC nodes encrypts the Remote Share in a distributed fashion to further enhance the security of operations.

The third fraction — the Recovery Share — is used solely to restore access to the user's device or add a new device.

Thanks to this chain-agnostic keyless system, users can retain the self-custody of their wallets, enjoy the security of the blockchain's cryptographic protection and use keyless logins on a myriad of platforms.

Self Chain lets users enjoy multichain account abstraction (AA), whereby wallets can carry out complex operations without you needing to worry about the specifics of underlying technology. For example, Self Chain–based wallets can execute bundled transactions, carry out cross-chain operations and optimize gas fees, all without user intervention.

What Is the Self Chain Crypto Token (SLF)?

During the project's mid-2024 rebranding from Frontier to Self Chain, its native cryptocurrency was migrated from the FRONT token on the 

 (BNB) to the SLF coin, native to the Self Chain's Layer 1 network. The migration was announced in late August 2024, and as of the time of this writing (Sep 16, 2024), FRONT holders can still migrate their tokens, with no specific conversion deadline provided by the project team.

SLF is used for a wide variety of functions on the Self Chain platform, including the following:

SLF has a total and maximum supply of 360 million. The coin's supply allocation shares are per the chart below:

The SLF coin is available on Bybit as a Perpetual contract with USDT (

). Under this contract, you can trade SLF with up to 12.5x leverage.

Self Chain's innovative system simplifies keyless multichain web3 access, while the versatile LLM assistant helps efficiently interpret user intent to conduct diverse transactions across networks. This is a functional set that few other projects in the industry can provide. In particular, the keyless wallet solution is something that truly sets Self Chain apart. 

While there are a few crypto projects that utilize an intent-focused approach and AI-based chat assistants, Self Chain’s keyless functionality is a rare feature that will undoubtedly attract interest from a variety of users. Navigating myriad DApps and networks and transacting on them without the need for meticulous private key management has just gotten a lot easier — all thanks to Self Chain and its implementation of MPC-TSS.

Advanced

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Self Chain (SLF): The Future of Secure Private Key Recovery

Stacks is integrating with the Aptos Network to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token.

The SPX index was up by 0.03%, with key sectors underperforming, including healthcare, consumer staples, and real estate, while energy, consumer discretionary, and industrial stocks outperformed. Coindesk Indices, an index measuring broader cryptocurrency market performance, was up by 2.95%, with Bitcoin and Ether rising by 3.62% and 3.16%, respectively, in the past 24 hours.

Today's top performer is SAGA, which surged 27.3% following its announcement of a new economic model focused on sharing in project success rather than charging gas fees.

Saga (SAGA), founded in 2021, is a Layer 1 blockchain protocol that allows developers to create customized chains for their applications, providing shared security and scaling solutions. 

 focuses on sharing in the success of projects built on its platform, rather than charging gas fees. Projects can launch cheaply on Saga's chainlets, and Saga takes a small cut of token activity once bridged through its infrastructure. As projects grow and their tokens become valuable, Saga can hold, use, or sell these tokens to fund ecosystem growth and buy back $SAGA tokens. This creates a network effect where success drives further success, positioning Saga as a key platform for value generation in web3.

Check Out the Latest Prices, Charts, and Data of 

 to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token. This integration allows Bitcoin to be used beyond a store of value, enabling participation in DeFi, gaming, AI, and social platforms on Aptos. The integration follows the resolution of an SEC investigation into Stacks, clearing the path for further Bitcoin scaling advancements. Stacks' recent Nakamoto upgrade has improved its transaction speeds and block production, facilitating this new cross-chain capability.

Yesterday, The total flow for BTC Spot ETFs was $186.8 million, with $0 from GBTC and $186.8 million from non-GBTC sources.

 on Optimism’s OP Mainnet, with 185 million WCT tokens being airdropped to users. The airdrop registration opens on September 24, targeting users who engage with WalletConnect or contribute to open-source projects. WCT tokens will drive WalletConnect's governance and economic structure, initially non-transferable until 2025. The newly formed WalletConnect Foundation will oversee the protocol's transition to a permissionless structure. WalletConnect aims to decentralize further and has seen 240% growth in the past year.

Beginner

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Stacks Integrates with Aptos, Expanding Bitcoin’s Utility to dApps and DeFi

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

, where managing your crypto exchange meets the intellectual challenge of daily Morse code puzzles. Released each day at 7PM UTC, these puzzles do more than just test your mental agility; they offer significant rewards that can enhance your strategic influence in the game.

, challenging you to decipher a Morse code each day. Successfully solving these puzzles not only boosts your coin reserves, but also sharpens your critical thinking skills, enhancing both your gameplay and strategic planning.

Today’s Hamster Kombat Daily Cipher: Sep 18, 2024

 Daily Cipher for Sep 18, 2024, is as follows:

 —•••   ••   —•   •—   —•   —•—•   • 

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Today's Daily Cipher and the interactive gaming activities available within 

 provide ample opportunities to boost your coin balance and deepen your engagement with the game. Each puzzle you solve not only contributes to your financial growth, but also refines your analytical skills, making every gaming session both rewarding and intellectually stimulating.

Stay tuned for daily updates and expert strategies to maintain your competitive edge in the thrilling world of 

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A Guide to Hamster Kombat's Daily Cipher Code (Sep 18, 2024)

Crypto

KYC, or Know Your Customer, is a set of procedures that require financial institutions and crypto exchanges to verify the identity of their customers. But is it beneficial for you as a customer? Learn more here.

In the ever-evolving world of cryptocurrencies, the importance of KYC (Know Your Customer) cannot be overstated. As digital assets gain widespread adoption and regulatory scrutiny increases, implementing robust KYC policies is essential for ensuring secure transactions and compliance with regulations. This blog post will delve into the essentials of KYC in the crypto industry, providing valuable insights into the KYC process for crypto exchanges, navigating regulatory compliance, overcoming KYC challenges, and exploring emerging trends such as 

. Buckle up for an enlightening journey through the complexities of KYC crypto landscape.

 in crypto is critical as it guarantees secure transactions, protects users’ assets and privacy, and thwarts financial crimes. As the cryptocurrency market continues to grow, the need for stringent KYC measures becomes increasingly critical to maintain the integrity of the financial system.

Specifically, KYC in crypto exchanges is designed to protect transactions, safeguard users’ assets and privacy, and comply with regulations. Crypto firms, including exchanges, must undertake the KYC process to assess their customers’ risk profiles and prevent financial crimes. This involves verifying users’ identities to ensure compliance with regulations and maintain a secure financial system.

 in crypto are to inhibit criminals from executing transactions and impede illicit funds from entering the legitimate financial system. Adherence to KYC measures not only benefits transparency and customer trust but also curbs fraudulent activity, enhances market reputation, keeps businesses abreast of legal requirements, diminishes legal and regulatory risks, and contributes to the market’s overall stability and value growth.

Therefore, mastering KYC in crypto turns out to be crucial for businesses and users involved in the digital asset space.

Crypto exchanges must verify identities and undertake the crypto KYC process to guarantee secure financial transactions and comply with regulations. The KYC process for crypto exchanges involves three essential steps: customer onboarding, identity verification, and transaction monitoring. These steps help assess and manage risks associated with users’ financial activities, ultimately ensuring a secure and compliant platform.

Failure to comply with KYC requirements in crypto exchanges may result in significant penalties from regulatory authorities, regardless of the exchange’s geographical location. Hence, gaining knowledge and implementing the KYC process is vital for crypto exchanges to uphold a secure and legitimate financial system.

Customer onboarding in crypto exchanges entails:

By collecting this essential user data, crypto exchanges can better evaluate the risk associated with each client, ensuring that their platform remains secure and compliant with regulatory requirements.

Minimizing user friction during the KYC process is a significant aspect that crypto exchanges need to consider. Tools such as 

, which verifies user identity through checks of 50+ social media networks and messenger apps, can streamline the onboarding process and improve the user experience.

Efficient customer onboarding, a vital step in the KYC process for crypto exchanges, lays the foundation for secure and compliant transactions.

Identity verification in crypto exchanges is a vital component of the KYC process, helping to confirm users’ identities and prevent fraud. Various tools and techniques, such as digital footprint analysis and device fingerprinting, are employed to authenticate users’ identities. By leveraging these advanced methods, crypto exchanges can ensure that only legitimate users gain access to their platforms, reducing the risk of falsification and fraudulent activities.

Some of the most effective tools for identity verification in crypto exchanges include Identity Document Verification, Automated Identity Verification, and KYC Solutions. Digital footprint analysis, for instance, involves gathering and analyzing a user’s online activity and data trails to ascertain their identity and detect potential fraudulent or suspicious behavior. By implementing robust identity verification techniques, crypto exchanges can bolster user trust while maintaining regulatory compliance.

Transaction monitoring is an indispensable aspect of the KYC process for crypto exchanges, helping to identify suspicious activities and maintain compliance with AML laws. A 

 transaction monitoring system assists crypto exchanges and financial institutions in recognizing unusual or questionable activity that necessitates reporting to regulatory authorities, thereby aiding law enforcement in tracing criminals.

Crypto exchanges, such as the popular crypto exchange platforms, can utilize tools provided by companies to monitor and analyze crypto transactions, such as:

to monitor transactions and detect suspicious patterns. By implementing effective transaction monitoring techniques, crypto exchanges can ensure that their platforms remain secure and compliant with AML regulations, ultimately protecting both their businesses and their users.

Navigating Regulatory Compliance in the Crypto Industry

Navigating regulatory compliance in the crypto industry can be challenging due to varying requirements across countries and institutions. With the lack of a unified definition or standardized approach to compliance, verification requirements can be perplexing for both businesses and users. However, maintaining a secure and legitimate financial system requires adherence to KYC standards, which is why kyc compliance is essential.

Crypto exchanges and firms, by keeping abreast of changes in KYC and AML requirements and adapting policies accordingly, can provide a seamless and secure user experience. Crypto businesses need to understand and follow the specific KYC requirements in each country they operate, as non-compliance could lead to severe penalties or even operational suspension.

Overcoming KYC challenges in the crypto industry involves leveraging technology solutions, balancing privacy and security concerns, and adapting to evolving regulations. Each of these approaches contributes to a more seamless and secure user experience, ensuring that crypto exchanges and firms can continue to thrive in the face of regulatory scrutiny.

By employing advanced tools and techniques to streamline the KYC process, crypto exchanges can reduce the risk of falsification and fraud while maintaining user trust and compliance with regulatory requirements. Furthermore, staying up-to-date with changes in KYC and AML regulations is crucial for adapting policies and procedures to ensure a secure and compliant platform.

Technology solutions play a vital role in addressing KYC challenges in the crypto industry. Automated software and blockchain-based ID validation, for instance, can help streamline the KYC process in crypto exchanges, reducing the risk of falsification and improving the user experience.

Notable technology solutions for KYC in crypto exchanges include Onfido, Togggle, and Ondato. These solutions assist crypto exchanges in authenticating user identities and adhering to regulatory requirements, ultimately ensuring a secure and compliant platform for users to conduct their digital asset transactions.

Striking a balance between privacy and security in KYC processes is key to upholding user trust and regulatory compliance. By implementing comprehensive identity verification platforms and prioritizing the safeguarding of customer privacy, crypto exchanges can strike a balance between adhering to KYC requirements and preserving user trust.

Tools such as SEON have been demonstrated to assist with KYC checks and reduce chargebacks caused by illegitimate credit card purchases when utilized by crypto exchanges. By leveraging advanced tools and techniques, crypto exchanges can ensure both privacy and security for their users while maintaining compliance with regulatory requirements.

Adapting to the ever-changing regulations in the crypto industry demands keeping updated on KYC and AML requirements and adjusting policies as needed. As governments and regulatory bodies attempt to make cryptocurrencies more secure and safe, the frequency of these changes can vary depending on the jurisdiction and the particular regulations in place.

Crypto exchanges and firms must remain informed of the latest regulatory advancements to guarantee compliance. By staying up-to-date with evolving regulations and implementing suitable due diligence procedures, crypto exchanges can ensure a secure and compliant platform for users to conduct their digital asset transactions.

Crypto Wallets and KYC: What You Need to Know

 require KYC or not depends on if they are provided by an exchange or operate independently. Exchanges generally require KYC, while independent wallets may not. Understanding the implications of KYC for wallet users is essential for maintaining security and compliance.

The purpose of KYC in crypto wallets is to diminish the association of cryptocurrencies with money laundering and other unlawful activities, as well as enhancing customer transparency and trust. By implementing KYC procedures in crypto wallets, users can enjoy a secure and compliant platform for managing their digital assets.

DeFi, NFTs, and KYC: Emerging Trends and Considerations

Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) are emerging trends in the crypto industry that require careful consideration of regulatory compliance and potential risks associated with non-compliant platforms and transactions.

DeFi aims to revolutionize the traditional financial industry by:

NFTs represent digital or real-world items such as:

They facilitate the ownership and trading of digital assets, providing a novel approach for creators to monetize their work and for collectors to possess unique digital items. NFTs are impacting the way digital assets are owned and exchanged in the crypto industry.

The integration of DeFi and NFTs significantly impacts KYC protocols in the crypto sector by enhancing compliance and identification protocols. As these trends continue to evolve and reshape the crypto landscape, it is crucial for crypto exchanges and firms to remain vigilant and adapt their KYC policies to ensure a secure and compliant environment for users.

Best Practices for Implementing Robust KYC Policies

Implementing robust KYC policies in crypto exchanges involves following best practices, such as using advanced identity verification tools, monitoring transactions, and staying up-to-date with regulatory changes. By adhering to these best practices, crypto exchanges can ensure a secure and compliant platform for users to conduct their digital asset transactions.

A few effective tools for identity verification in crypto exchanges encompass:

By leveraging these advanced tools and techniques, crypto exchanges can strengthen their KYC policies and provide a secure environment for users to manage their crypto assets.

Mastering KYC in the crypto industry is essential for ensuring secure transactions, regulatory compliance, and the protection of users’ assets and privacy. Through the implementation of robust KYC policies, leveraging advanced technology solutions, and adapting to evolving regulations, crypto exchanges and firms can provide a seamless and secure user experience. By staying informed and vigilant in the ever-evolving world of cryptocurrencies, businesses and users alike can navigate the complexities of KYC and enjoy the benefits of a secure and compliant digital asset ecosystem.

KYC stands for Know Your Customer and is a common anti-money laundering procedure carried out by financial institutions when onboarding new customers. It involves the identification and verification of customer's identity.

No KYC means that exchanges do not require customers to provide identity verification information to trade crypto. This is an attractive option for many traders, as there are a few exchanges such as MexC which allow users to trade without providing personal information.

KYC for crypto is a series of steps to verify customer identity and assess financial activities, legally required to be completed quickly and securely.

To KYC your crypto wallet, you must submit personal information such as full name, date of birth, address, social security number and contact information. You must also provide an official supporting document. Additionally, you may need to verify digital identity, biometrics and ID document authenticity in order to secure transactional safety and ensure there is no illegal activity.

What is the primary goal of KYC in crypto exchanges?

The primary goal of KYC in crypto exchanges is to ensure secure financial transactions, comply with regulations, protect users' assets and privacy, and prevent financial crimes.

Why Should You Pay Attention to KYC Before Trading Crypto?

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