kyc
824,418 views
410 Discussing
Hot
Latest
#kyc is a common regulatory requirement that financial service providers are obliged to fulfill. These checks primarily combat the funding and laundering of money from illicit activities. KYC is a key measure in anti-money laundering regulations, making it an important safety guard for #cryptocurrencies sespecially. Financial institutions and service providers like Binance are increasingly having to implement robust KYC procedures to safeguard customers and their assets.
Binance Academy
--
What Is KYC (Know Your Customer)?
TL;DR
Know Your Customer (KYC) checks require financial service providers to identify and verify their customers. This is done as part of their Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance efforts to combat financial crime and ensure customer due diligence.
KYC proactively combats criminal activity by collecting and verifying customer information. These checks improve trust in the industry and help financial service providers manage their risks. KYC has become commonplace with cryptocurrency exchanges. However, some critics say that it takes away the anonymity and decentralization aspects crypto is famous for.
Introduction
KYC is a common regulatory requirement that financial service providers are obliged to fulfill. These checks primarily combat the funding and laundering of money from illicit activities. KYC is a key measure in anti-money laundering regulations, making it an important safety guard for cryptocurrencies especially. Financial institutions and service providers like Binance are increasingly having to implement robust KYC procedures to safeguard customers and their assets.
What is KYC?
If you’ve opened an account with a cryptocurrency exchange, it’s likely you’ll have had to complete a KYC check. KYC requires financial service providers to collect information verifying their customers’ identities. This could be through official identification or bank statements, for example. Like AML regulations, KYC policies help combat money laundering, terrorism financing, fraud, and the illicit transfer of funds.
KYC typically is a proactive approach rather than reactive. Most financial service providers take a customer’s details in the onboarding process before they can make financial transactions. In some cases, accounts can be made without KYC but are limited in their function. Binance, for example, allows users to open an account but restricts trading until KYC is completed.
When completing KYC, you may be asked to provide your:
Government ID
Driving license
Passport
Apart from verifying a customer’s identity, it’s also important to confirm their location and address. Your identity documents will provide basic information like your name and date of birth, but more is needed to establish your tax residence, for example. You will likely need to complete more than one stage of KYC. Financial service providers often need to re-verify the identity of their customers at regular intervals too.
Who regulates KYC compliance?
KYC regulations differ by country, but there is international cooperation on the basic information needed. In the US, the Bank Secrecy Act and the 2001 Patriot Act established most of the AML and KYC processes seen today. The EU and Asia-Pacific countries have developed their own regulations, but there’s a lot of overlap with the US. The EU Anti-Money Laundering Directive (AMLD) and PSD2 regulations provide the main framework for EU countries. At a global level, the Financial Action Task Force (FATF) coordinates multinational cooperation on regulatory conditions.
Why do we need KYC in crypto?
Due to cryptocurrency’s pseudonymous nature, it’s often used for the laundering of illicit funds and tax evasion. Improving the regulation of cryptocurrency betters its reputation and makes sure that taxes are paid where they are due. There are three key reasons why KYC checks are needed in the cryptocurrency industry:
1. Blockchain transactions are irreversible. There is no admin to help if you make a mistake, meaning that funds can be stolen or moved and not be retrieved.
2. Cryptocurrency is fairly anonymous (pseudonymous). You don’t need to submit any personal details to open a crypto wallet.
3. Regulation is still uncertain when it comes to taxes and the legality of crypto in many countries.
Although KYC increases the time needed to set up an account, it has clear benefits. The average customer won’t necessarily be able to see them, but KYC has a significant impact on keeping your funds safe and combating crime.
What are the benefits of KYC?
The benefits of KYC aren’t all obvious. However, it does much more than just combat fraud and can improve the financial system as a whole:
1. Lenders can more easily assess their risk by establishing a customer’s identity and financial history. This process leads to more responsible lending and risk management.
2. It combats identity theft and other types of financial fraud.
3. It reduces the risk of money laundering from occurring in the first place as a proactive measure.
4. It improves the trust, security, and accountability of financial service providers. This reputation has a knock-on effect on the financial industry as a whole and can encourage investment.
KYC and decentralization
Cryptocurrencies have, from their beginning, focused on decentralization and freedom from intermediaries. As mentioned, anyone can make a wallet and hold crypto without needing to provide details about themselves. However, for these exact reasons, crypto has become a popular method for laundering money.
Governments and regulators typically require exchanges to complete KYC checks on their customers. While mandatory KYC is very difficult to implement for crypto wallets, services that exchange fiat into crypto are more suitable. Some investors are speculatively interested in cryptocurrencies, and others more actively appreciate their core values and utility.
Arguments against KYC
KYC has its obvious benefits, but it’s still controversial for some critics. Arguments against KYC are more common in the cryptocurrency world due to its history and background. Typically, most of its criticism comes from issues with privacy and cost:
1. There’s an extra cost associated with performing KYC checks which are often passed on to the customer through fees.
2. Some individuals do not have the documentation required for KYC checks, or perhaps do not have a fixed address. This makes it difficult for them to access certain financial services.
3. Irresponsible financial service providers may lack data security, and hacks can lead to your private data being stolen.
4. Some argue that it goes against the decentralization of cryptocurrencies.
Closing thoughts
KYC processes are an industry standard for financial services and crypto exchanges. It’s one of the most important functions in the fight against money laundering and other crimes. KYC checks can feel like an annoyance, but they provide a great deal of security. As part of wider AML measures, KYC allows you to trade crypto on exchanges like Binance with more confidence and security.
Know Your Customer (KYC) checks require financial service providers to identify and verify their customers. This is done as part of their Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance efforts to combat financial crime and ensure customer due diligence.
KYC proactively combats criminal activity by collecting and verifying customer information. These checks improve trust in the industry and help financial service providers manage their risks. KYC has become commonplace with cryptocurrency exchanges. However, some critics say that it takes away the anonymity and decentralization aspects crypto is famous for.
Introduction
KYC is a common regulatory requirement that financial service providers are obliged to fulfill. These checks primarily combat the funding and laundering of money from illicit activities. KYC is a key measure in anti-money laundering regulations, making it an important safety guard for cryptocurrencies especially. Financial institutions and service providers like Binance are increasingly having to implement robust KYC procedures to safeguard customers and their assets.
What is KYC?
If you’ve opened an account with a cryptocurrency exchange, it’s likely you’ll have had to complete a KYC check. KYC requires financial service providers to collect information verifying their customers’ identities. This could be through official identification or bank statements, for example. Like AML regulations, KYC policies help combat money laundering, terrorism financing, fraud, and the illicit transfer of funds.
KYC typically is a proactive approach rather than reactive. Most financial service providers take a customer’s details in the onboarding process before they can make financial transactions. In some cases, accounts can be made without KYC but are limited in their function. Binance, for example, allows users to open an account but restricts trading until KYC is completed.
When completing KYC, you may be asked to provide your:
Government ID
Driving license
Passport
Apart from verifying a customer’s identity, it’s also important to confirm their location and address. Your identity documents will provide basic information like your name and date of birth, but more is needed to establish your tax residence, for example. You will likely need to complete more than one stage of KYC. Financial service providers often need to re-verify the identity of their customers at regular intervals too.
Who regulates KYC compliance?
KYC regulations differ by country, but there is international cooperation on the basic information needed. In the US, the Bank Secrecy Act and the 2001 Patriot Act established most of the AML and KYC processes seen today. The EU and Asia-Pacific countries have developed their own regulations, but there’s a lot of overlap with the US. The EU Anti-Money Laundering Directive (AMLD) and PSD2 regulations provide the main framework for EU countries. At a global level, the Financial Action Task Force (FATF) coordinates multinational cooperation on regulatory conditions.
Why do we need KYC in crypto?
Due to cryptocurrency’s pseudonymous nature, it’s often used for the laundering of illicit funds and tax evasion. Improving the regulation of cryptocurrency betters its reputation and makes sure that taxes are paid where they are due. There are three key reasons why KYC checks are needed in the cryptocurrency industry:
1. Blockchain transactions are irreversible. There is no admin to help if you make a mistake, meaning that funds can be stolen or moved and not be retrieved.
2. Cryptocurrency is fairly anonymous (pseudonymous). You don’t need to submit any personal details to open a crypto wallet.
3. Regulation is still uncertain when it comes to taxes and the legality of crypto in many countries.
Although KYC increases the time needed to set up an account, it has clear benefits. The average customer won’t necessarily be able to see them, but KYC has a significant impact on keeping your funds safe and combating crime.
What are the benefits of KYC?
The benefits of KYC aren’t all obvious. However, it does much more than just combat fraud and can improve the financial system as a whole:
1. Lenders can more easily assess their risk by establishing a customer’s identity and financial history. This process leads to more responsible lending and risk management.
2. It combats identity theft and other types of financial fraud.
3. It reduces the risk of money laundering from occurring in the first place as a proactive measure.
4. It improves the trust, security, and accountability of financial service providers. This reputation has a knock-on effect on the financial industry as a whole and can encourage investment.
KYC and decentralization
Cryptocurrencies have, from their beginning, focused on decentralization and freedom from intermediaries. As mentioned, anyone can make a wallet and hold crypto without needing to provide details about themselves. However, for these exact reasons, crypto has become a popular method for laundering money.
Governments and regulators typically require exchanges to complete KYC checks on their customers. While mandatory KYC is very difficult to implement for crypto wallets, services that exchange fiat into crypto are more suitable. Some investors are speculatively interested in cryptocurrencies, and others more actively appreciate their core values and utility.
Arguments against KYC
KYC has its obvious benefits, but it’s still controversial for some critics. Arguments against KYC are more common in the cryptocurrency world due to its history and background. Typically, most of its criticism comes from issues with privacy and cost:
1. There’s an extra cost associated with performing KYC checks which are often passed on to the customer through fees.
2. Some individuals do not have the documentation required for KYC checks, or perhaps do not have a fixed address. This makes it difficult for them to access certain financial services.
3. Irresponsible financial service providers may lack data security, and hacks can lead to your private data being stolen.
4. Some argue that it goes against the decentralization of cryptocurrencies.
Closing thoughts
KYC processes are an industry standard for financial services and crypto exchanges. It’s one of the most important functions in the fight against money laundering and other crimes. KYC checks can feel like an annoyance, but they provide a great deal of security. As part of wider AML measures, KYC allows you to trade crypto on exchanges like Binance with more confidence and security.
🔥 SHOCKING! Crypto Wallets Could Be BANNED Soon?
💥 A new law proposal is shaking the crypto world... again.
📜 Reports say some countries want to BAN unverified wallets
🔒 That means: No KYC = No Access
💰 Could your Metamask or Trust Wallet become illegal?
😨 If this passes:
Anonymous wallets = 🔥 Gone
DeFi usage = ❌ Limited
Cold storage = 🧊 Under pressure
👀 This could change everything in crypto... forever.
👇 What do you think? Should crypto stay anonymous?
#CryptoNews #Cryptolaw #WalletBan #KYC #BTC
💥 A new law proposal is shaking the crypto world... again.
📜 Reports say some countries want to BAN unverified wallets
🔒 That means: No KYC = No Access
💰 Could your Metamask or Trust Wallet become illegal?
😨 If this passes:
Anonymous wallets = 🔥 Gone
DeFi usage = ❌ Limited
Cold storage = 🧊 Under pressure
👀 This could change everything in crypto... forever.
👇 What do you think? Should crypto stay anonymous?
#CryptoNews #Cryptolaw #WalletBan #KYC #BTC
Arcanjo Miguel:
a informalidade 'e o Reino dos livres e libertos. Eu sou o caminho, a verdade e a vida, ninguém vai a fonte da liberdade no Reino se não passar pelo caminho da verdade e da vida
New update about on28 June 2025
Pi Network's Pi2Day Event
- Pi Network's highly anticipated Pi2Day 2025 event is set to take place on June 28, with over 47 million global participants eagerly awaiting updates on #KYC , Mainnet, and potential exchange listings, including rumors of Binance listing.
Binance Market Update
- Binance has announced key dates to note:
- *Borrowing Suspension*: starts on June 27, 2025
- *Token Delisting*: on July 4, 2025, for tokens such as $ALPHA , $BSW , $KMD , $LEVER, and $LTO
- *Withdrawals End*: on September 3, 2025
- *Potential Stablecoin Conversion*: after September 4, 2025
Trading Updates
- Binance has revised margin and leverage tiers for USDⓈ-M perpetual contracts, affecting assets like BTC and ETH, to enhance trading platform stability and reduce potential risks for users.
Binance Research and Market Analysis
- Recent reports from Binance Research indicate:
- Bitcoin has recovered as geopolitical tensions ease, with the Fed signaling caution, and a mixed outlook for altcoins
- Altcoin exchange flows have fallen, indicating market consolidation and a potential pre-rally phase ¹ ²
Other News
- Ukraine and Binance are collaborating to establish a national Bitcoin reserve, announced on May 15, 2025
- Binance has launched new features, including Binance Wallet Meme Rush and Binance Earn Interest on Crypto Holdings ³
https://mpost.io/tag/binance-exchange/
https://news4coin.net/tag/binance/
#USCorePCEMay
#newupdate
- Pi Network's highly anticipated Pi2Day 2025 event is set to take place on June 28, with over 47 million global participants eagerly awaiting updates on #KYC , Mainnet, and potential exchange listings, including rumors of Binance listing.
Binance Market Update
- Binance has announced key dates to note:
- *Borrowing Suspension*: starts on June 27, 2025
- *Token Delisting*: on July 4, 2025, for tokens such as $ALPHA , $BSW , $KMD , $LEVER, and $LTO
- *Withdrawals End*: on September 3, 2025
- *Potential Stablecoin Conversion*: after September 4, 2025
Trading Updates
- Binance has revised margin and leverage tiers for USDⓈ-M perpetual contracts, affecting assets like BTC and ETH, to enhance trading platform stability and reduce potential risks for users.
Binance Research and Market Analysis
- Recent reports from Binance Research indicate:
- Bitcoin has recovered as geopolitical tensions ease, with the Fed signaling caution, and a mixed outlook for altcoins
- Altcoin exchange flows have fallen, indicating market consolidation and a potential pre-rally phase ¹ ²
Other News
- Ukraine and Binance are collaborating to establish a national Bitcoin reserve, announced on May 15, 2025
- Binance has launched new features, including Binance Wallet Meme Rush and Binance Earn Interest on Crypto Holdings ³
https://mpost.io/tag/binance-exchange/
https://news4coin.net/tag/binance/
#USCorePCEMay
#newupdate
✅ COMPLETE YOUR KYC VERIFICATION TODAY!
🛡️ Why is KYC important?
🔹 Enhances Security: Keeps your account safe from unauthorized access.
🔹 Increases Limits: Unlocks higher withdrawal and trading limits.
🔹 Builds Trust: Shows you are a verified and genuine user.
🔹 Access All Features: Enables full use of Binance products & services.
💡 Don’t delay – verify your identity now to enjoy seamless and secure trading with Binance.
👇 Have you completed your KYC yet? Comment “DONE” if yes or “NEED HELP” if you want a step-by-step guide!
#Binance #KYC #CryptoSafety #Verification #CryptoTrading
🛡️ Why is KYC important?
🔹 Enhances Security: Keeps your account safe from unauthorized access.
🔹 Increases Limits: Unlocks higher withdrawal and trading limits.
🔹 Builds Trust: Shows you are a verified and genuine user.
🔹 Access All Features: Enables full use of Binance products & services.
💡 Don’t delay – verify your identity now to enjoy seamless and secure trading with Binance.
👇 Have you completed your KYC yet? Comment “DONE” if yes or “NEED HELP” if you want a step-by-step guide!
#Binance #KYC #CryptoSafety #Verification #CryptoTrading
🚀 Ripple launches ‘Permissioned DEX’ on the $XRP Ledger! 🎉
Regulated institutions can now trade securely using verified credentials, enabling:
🔒 KYC-gated FX swaps
💵 Stablecoin flows
…and more!
A major step forward for institutional crypto trading. 💡
#Ripple #XRP #DEX #CryptoInnovation #KYC #Blockchain$XRP
Regulated institutions can now trade securely using verified credentials, enabling:
🔒 KYC-gated FX swaps
💵 Stablecoin flows
…and more!
A major step forward for institutional crypto trading. 💡
#Ripple #XRP #DEX #CryptoInnovation #KYC #Blockchain$XRP
Turkey Shifts Crypto Policy Again: More Control, Less Freedom?
After a wave of optimism in 2023–2024 when 47 crypto companies moved into the country, Turkey is once again tightening its crypto regulations.
Finance Minister Mehmet Şimşek has announced new rules for exchanges, stablecoins, and withdrawals, aiming to combat fraud and money laundering.
🧾 What's changing?
📊 Stablecoins under pressure:
New user limits: $3,000 per day or $50,000 per month.
Registered exchanges may double these limits.
🧾 Increased oversight for exchanges:
Mandatory transaction documentation,
Strict KYC policies,
Continuous government supervision.
⏳ Withdrawal delays:
Users may now wait 48–72 hours after a withdrawal request.
📉 What does it mean?
Turkey is one of the top 5 countries globally in crypto adoption (~30% of the population).
📉 But overregulation is already driving companies out — major players like Coinbase have exited the market.
⚖️ Authorities are trying to balance control and growth, but frequent rule changes are creating uncertainty.
📢 Bottom line:
Turkey aims to build a transparent crypto ecosystem, but risks strangling it with bureaucracy and inconsistency.
❓Can Turkey become a model of smart regulation — or will it push innovation abroad?
Share your thoughts in the comments 👇
#Turkey #CryptoRegulationBattle #Stablecoins #kyc #BinanceSquare
$BTC
After a wave of optimism in 2023–2024 when 47 crypto companies moved into the country, Turkey is once again tightening its crypto regulations.
Finance Minister Mehmet Şimşek has announced new rules for exchanges, stablecoins, and withdrawals, aiming to combat fraud and money laundering.
🧾 What's changing?
📊 Stablecoins under pressure:
New user limits: $3,000 per day or $50,000 per month.
Registered exchanges may double these limits.
🧾 Increased oversight for exchanges:
Mandatory transaction documentation,
Strict KYC policies,
Continuous government supervision.
⏳ Withdrawal delays:
Users may now wait 48–72 hours after a withdrawal request.
📉 What does it mean?
Turkey is one of the top 5 countries globally in crypto adoption (~30% of the population).
📉 But overregulation is already driving companies out — major players like Coinbase have exited the market.
⚖️ Authorities are trying to balance control and growth, but frequent rule changes are creating uncertainty.
📢 Bottom line:
Turkey aims to build a transparent crypto ecosystem, but risks strangling it with bureaucracy and inconsistency.
❓Can Turkey become a model of smart regulation — or will it push innovation abroad?
Share your thoughts in the comments 👇
#Turkey #CryptoRegulationBattle #Stablecoins #kyc #BinanceSquare
$BTC
See original
Why VERIFY is your shield in the crypto world?
🛡️ Security: Verifying your account on Binance is the first and most important step to protecting your assets from unauthorized access. Without it, you are vulnerable.
✅ Trust: In a world where scams and fraud unfortunately thrive, verified users create an ecosystem of trust. This reduces risks for everyone.
📈 Access to full functionality: Want to trade with high limits, participate in launchpads, use P2P? Without verification, this is simply impossible.
🌐 Compliance: Binance, as a market leader, adheres to international KYC (Know Your Customer) and AML (Anti-Money Laundering) standards. This ensures the legality and stability of the platform for you.
Do not ignore this step!
In a world moving at the speed of light, "verification" is not just a requirement, it is your guarantee of peace and success.
We see countless news, charts, memes, but do we pay enough attention to the fundamentals?
Let's discuss:
* What were your first impressions of the verification process?
* Do you feel safer after completing it?
* What myths about verification have you heard?
Share👇#kyc
$LAYER
$CFX
$CAKE
🛡️ Security: Verifying your account on Binance is the first and most important step to protecting your assets from unauthorized access. Without it, you are vulnerable.
✅ Trust: In a world where scams and fraud unfortunately thrive, verified users create an ecosystem of trust. This reduces risks for everyone.
📈 Access to full functionality: Want to trade with high limits, participate in launchpads, use P2P? Without verification, this is simply impossible.
🌐 Compliance: Binance, as a market leader, adheres to international KYC (Know Your Customer) and AML (Anti-Money Laundering) standards. This ensures the legality and stability of the platform for you.
Do not ignore this step!
In a world moving at the speed of light, "verification" is not just a requirement, it is your guarantee of peace and success.
We see countless news, charts, memes, but do we pay enough attention to the fundamentals?
Let's discuss:
* What were your first impressions of the verification process?
* Do you feel safer after completing it?
* What myths about verification have you heard?
Share👇#kyc
$LAYER
$CFX
$CAKE
#XSuperApp new app getting day to day and slowly all the exchanges getting #KYC this is a trap for all the personal assets to monitor by Gov crypto has invented to decentralised not to centralised .
See original
This guy posted this question, if anyone doesn't know, this guy's documents for kyc have been stolen. Personally, I participate in this profession, even if the floor doesn't use me, I will download kyc to avoid this situation 😎#kyc
See original
Ontology and Enterprises in 2025: Building Trust for RWA and Blockchain Services! 🏦🤝
In June 2025, Ontology plays an increasingly important role in providing blockchain solutions for enterprises, especially in the context of tokenizing real-world assets (RWA) and secure data management.
Regulatory Compliance: Ontology's DID solutions (ONT ID) are the ideal tool for meeting KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements in the blockchain space, which is critically important for institutional adoption of RWA.
Corporate Data Privacy: Ontology enables enterprises to securely share sensitive data while maintaining privacy and access control, making it valuable for supply chains, healthcare, and finance.
Tokenization of RWA: Ontology's DID infrastructure and data management can be used to verify participants and ensure transparency in tokenizing real-world assets, reducing risks and enhancing trust.
Partnerships: Ontology actively collaborates with enterprises and traditional financial institutions, helping them integrate blockchain technologies with a focus on identity and security.
Ontology creates the foundation of trust necessary for the mass adoption of blockchain in the corporate environment.
#Ontology #RWA #DID #KYC #FinTech $ONT
In June 2025, Ontology plays an increasingly important role in providing blockchain solutions for enterprises, especially in the context of tokenizing real-world assets (RWA) and secure data management.
Regulatory Compliance: Ontology's DID solutions (ONT ID) are the ideal tool for meeting KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements in the blockchain space, which is critically important for institutional adoption of RWA.
Corporate Data Privacy: Ontology enables enterprises to securely share sensitive data while maintaining privacy and access control, making it valuable for supply chains, healthcare, and finance.
Tokenization of RWA: Ontology's DID infrastructure and data management can be used to verify participants and ensure transparency in tokenizing real-world assets, reducing risks and enhancing trust.
Partnerships: Ontology actively collaborates with enterprises and traditional financial institutions, helping them integrate blockchain technologies with a focus on identity and security.
Ontology creates the foundation of trust necessary for the mass adoption of blockchain in the corporate environment.
#Ontology #RWA #DID #KYC #FinTech $ONT
See original
DID from Ontology in 2025: Digital Passport for the New Internet! 🆔✨
In June 2025, decentralized identification (DID) from Ontology remains one of the most mature and widely used in the industry, providing secure and confidential management of digital identity.
ONT ID: These are self-sovereign identifiers that give users complete control over their data. Instead of companies storing your data, you decide who and what part of the information to share.
Verifiable Credentials (VC): Ontology supports the VC standard, allowing third parties (such as universities, employers) to issue cryptographically verifiable certificates that users can present as needed, without disclosing unnecessary information.
Use Cases: Ontology DID is actively used in KYC/AML for DeFi, digital asset management, Web3 gaming, as well as in corporate solutions for secure authentication.
Compliance with Standards: Ontology actively participates in the development and adherence to global DID standards, such as W3C, ensuring interoperability.
DID from Ontology is the future of digital identity, where users have complete control over their private information.
#Ontology #DID #ONTID #Web3 #KYC $ONT
In June 2025, decentralized identification (DID) from Ontology remains one of the most mature and widely used in the industry, providing secure and confidential management of digital identity.
ONT ID: These are self-sovereign identifiers that give users complete control over their data. Instead of companies storing your data, you decide who and what part of the information to share.
Verifiable Credentials (VC): Ontology supports the VC standard, allowing third parties (such as universities, employers) to issue cryptographically verifiable certificates that users can present as needed, without disclosing unnecessary information.
Use Cases: Ontology DID is actively used in KYC/AML for DeFi, digital asset management, Web3 gaming, as well as in corporate solutions for secure authentication.
Compliance with Standards: Ontology actively participates in the development and adherence to global DID standards, such as W3C, ensuring interoperability.
DID from Ontology is the future of digital identity, where users have complete control over their private information.
#Ontology #DID #ONTID #Web3 #KYC $ONT
🚨 Pi Network Migration Woes: KYC, 2FA, and Balance Errors Plague Users 😱
As Pi Network gears up for its next mainnet migration wave on June 28, 2025, users are hitting major roadblocks. Thousands report issues with KYC verification, 2FA problems, and vanishing wallet balances despite completing all steps. 😩
🔍 KYC Nightmares: Users stuck in "tentative approval" limbo or facing syncing errors, even after passing months ago. 🔐
2FA Fiasco: Broken or missing verification emails, expired links, and resets forcing users to start over. 💸 Zero Balance Shock: Migrated tokens disappearing from wallets, with no clear fix from the Pi Core Team.
📉 Pi coin's price has slipped 4-5% in June, trading at $0.60-$0.64, down 78% from its yearly peak. Speculation about insider wallets and liquidity issues is growing, while scammers exploit the chaos with fake support scams. ⚠️
💬 One user vents: “Give me the damn $Pi. I’ve worked hard for six years… Why this constant delay?”
❓ With the Pi Core Team staying silent, will these bugs derail the mobile-first DeFi dream?
$BTC
#CryptoStocks
#PiNetwork #Crypto #MainnetMigration #KYC
🔍 KYC Nightmares: Users stuck in "tentative approval" limbo or facing syncing errors, even after passing months ago. 🔐
2FA Fiasco: Broken or missing verification emails, expired links, and resets forcing users to start over. 💸 Zero Balance Shock: Migrated tokens disappearing from wallets, with no clear fix from the Pi Core Team.
📉 Pi coin's price has slipped 4-5% in June, trading at $0.60-$0.64, down 78% from its yearly peak. Speculation about insider wallets and liquidity issues is growing, while scammers exploit the chaos with fake support scams. ⚠️
💬 One user vents: “Give me the damn $Pi. I’ve worked hard for six years… Why this constant delay?”
❓ With the Pi Core Team staying silent, will these bugs derail the mobile-first DeFi dream?
$BTC
#CryptoStocks
#PiNetwork #Crypto #MainnetMigration #KYC
See original
Understanding KYC in the Crypto World
Have you ever heard the term #KYC when interacting with crypto platforms? KYC stands for Know Your Customer. It's a process where crypto service providers, such as exchanges or digital asset trading platforms, will ask you to verify your identity.
Why is this important?
First, KYC is a compliance tool. It helps combat financial crimes like money laundering or terrorism financing. By knowing who their users are, platforms can prevent illegal activities.
Second, KYC requirements are becoming more common in many countries. As crypto regulations evolve, many governments require platforms to implement KYC for security and transparency.
Nevertheless, for some circles in the crypto world that highly value privacy, KYC can be a controversial issue. They feel that it contradicts the philosophy of decentralization and anonymity that is the main attraction of crypto.
Ultimately, KYC is an effort to balance security, compliance, and innovation in the ever-evolving crypto world.
#MyTradingStyle $ETH
Have you ever heard the term #KYC when interacting with crypto platforms? KYC stands for Know Your Customer. It's a process where crypto service providers, such as exchanges or digital asset trading platforms, will ask you to verify your identity.
Why is this important?
First, KYC is a compliance tool. It helps combat financial crimes like money laundering or terrorism financing. By knowing who their users are, platforms can prevent illegal activities.
Second, KYC requirements are becoming more common in many countries. As crypto regulations evolve, many governments require platforms to implement KYC for security and transparency.
Nevertheless, for some circles in the crypto world that highly value privacy, KYC can be a controversial issue. They feel that it contradicts the philosophy of decentralization and anonymity that is the main attraction of crypto.
Ultimately, KYC is an effort to balance security, compliance, and innovation in the ever-evolving crypto world.
#MyTradingStyle $ETH
BNB/USDT
Sell
Price/Amount
643.98/0.016
See original
MANTRA Security in 2025: Audits, Compliance, and Reliability L1! 🔒🛡️
In June 2025, MANTRA places top priority on the security of its MANTRA Chain and the entire ecosystem, which is critically important for working with RWA and institutional partners.
Regular external audits: The code of MANTRA Chain and smart contracts undergo multiple and thorough checks by leading independent auditing firms in the blockchain space.
Compliance: Built-in KYC/AML mechanisms and chain-level permissions ensure regulatory compliance, adding an extra layer of security and trust.
Security of PoS consensus: As a Proof-of-Stake-based blockchain, MANTRA Chain relies on a decentralized network of validators that ensure the security and integrity of transactions.
Continuous monitoring: MANTRA implements continuous monitoring systems to identify and promptly address any potential security threats.
MANTRA's commitment to security and compliance is fundamental to attracting institutional capital and building a long-term sustainable ecosystem.
#MANTRA #OM #MANTRAChain #RWA #KYC $OM
In June 2025, MANTRA places top priority on the security of its MANTRA Chain and the entire ecosystem, which is critically important for working with RWA and institutional partners.
Regular external audits: The code of MANTRA Chain and smart contracts undergo multiple and thorough checks by leading independent auditing firms in the blockchain space.
Compliance: Built-in KYC/AML mechanisms and chain-level permissions ensure regulatory compliance, adding an extra layer of security and trust.
Security of PoS consensus: As a Proof-of-Stake-based blockchain, MANTRA Chain relies on a decentralized network of validators that ensure the security and integrity of transactions.
Continuous monitoring: MANTRA implements continuous monitoring systems to identify and promptly address any potential security threats.
MANTRA's commitment to security and compliance is fundamental to attracting institutional capital and building a long-term sustainable ecosystem.
#MANTRA #OM #MANTRAChain #RWA #KYC $OM
⚠️Are you using Binance? These 4 mistakes can get your account banned!
🚫Save your loss - read this post carefully and share it with others!
👇 Scroll and check whether you are safe or not!
📌 Save this post for later!
#kyc #BinanceAlphaAlert #CryptoAwareness #CryptoMistakes #Binance
🚫Save your loss - read this post carefully and share it with others!
👇 Scroll and check whether you are safe or not!
📌 Save this post for later!
#kyc #BinanceAlphaAlert #CryptoAwareness #CryptoMistakes #Binance
See original
Farming WCT Token
Yes, WCT (WalletConnect Token) can be farmed on Binance through Launchpool. From April 11 to April 14, 2025, users could lock BNB, $FDUSD or $USDC and receive WCT rewards every hour, with a total volume of 40 million #WCT (≈ 4% of the issuance).
✅ Thus, farming is available — just stake the specified assets in the corresponding Binance #Launchpool pool, update the app, and complete #KYC.
✅ Thus, farming is available — just stake the specified assets in the corresponding Binance #Launchpool pool, update the app, and complete #KYC.
See original
BinanceTR exchange is giving 10 $USDT rewards to every user who completes their KYC. Be quick, win in this event limited to the first 7500 users.
All the details are here... 👇
Within the scope of the crypto law that came into force in our country, you need to do your KYC by April 25, 2025 in order to trade on exchanges registered with the CMB in our country.
🟡 Within the scope of the event; Users who registered before February 15, 2025 and did not complete the "KYC 3" verification before April 15, 2025 will be able to benefit. (Even if you have done KYC-1 and KYC-2 verification, you will be able to earn 10 $USDT rewards when you complete KYC-3)
🔔 Your rewards will be distributed between May 10 - May 20. Be sure to complete your KYCs. In the KYC-3 section; You will need to enter your Address and Occupation information. Complete all your KYCs in 5 minutes and get a $10 USDT reward.
You can access all the details and details from the link below... 👇
https://binance.tr/tr/blog/geli%C5%9Fmeler/-kimlik-do%C4%9Frulaman%C4%B1-tamamla-10-usdt-hesab%C4%B1nda-1219
#kyc #BinanceTR #DYOR
All the details are here... 👇
Within the scope of the crypto law that came into force in our country, you need to do your KYC by April 25, 2025 in order to trade on exchanges registered with the CMB in our country.
🟡 Within the scope of the event; Users who registered before February 15, 2025 and did not complete the "KYC 3" verification before April 15, 2025 will be able to benefit. (Even if you have done KYC-1 and KYC-2 verification, you will be able to earn 10 $USDT rewards when you complete KYC-3)
🔔 Your rewards will be distributed between May 10 - May 20. Be sure to complete your KYCs. In the KYC-3 section; You will need to enter your Address and Occupation information. Complete all your KYCs in 5 minutes and get a $10 USDT reward.
You can access all the details and details from the link below... 👇
https://binance.tr/tr/blog/geli%C5%9Fmeler/-kimlik-do%C4%9Frulaman%C4%B1-tamamla-10-usdt-hesab%C4%B1nda-1219
#kyc #BinanceTR #DYOR
You you have issues with getting Kyced on Pi Network? Go to Pi wallet app in Pi Browser and buy Pi on Banza. It makes it faster and simpler.
💸People are stuck waiting in line for KYC approval… but drop $20 to “buy” some Pi, and suddenly KYC clears like magic.
My advice?
"Don’t listen to what they say—watch what they do."
#PiNetwork #Crypto #KYC
💸People are stuck waiting in line for KYC approval… but drop $20 to “buy” some Pi, and suddenly KYC clears like magic.
My advice?
"Don’t listen to what they say—watch what they do."
#PiNetwork #Crypto #KYC
🚨 BREAKING: Tentative KYC Approvals Are Rolling In! 💥
Pioneers, the moment we’ve all been waiting for is finally here! 🙌 Since last night, I’ve been receiving messages from excited people saying their KYC (Know Your Customer) is fully approved ✅! That’s right, the approvals are starting to flood in, and BIG things are brewing! 🔥
👀 Positive Changes Incoming! This is HUGE for the Pi Network! 🚀 We’ve been waiting for this step, and now it’s happening. As more and more KYC approvals roll in, it’s clear that Pi Network is leveling up and moving forward to bigger things. 🎯 The anticipation is REAL!
🔓 This Could Be the Start of Something HUGE! Could this be the beginning of the next major phase for Pi Network? 🌍 With KYC approvals rolling out, we’re closer than ever to full network access, and that could lead to big opportunities for all of us. 💰
Stay tuned, pioneers! The journey is just getting started, and it’s looking more exciting than ever. 🚀👾
#PiNetwork #KYC #PiNetworkJourney #BigThingsComing
$PARTI $PEPE $DGB
Pioneers, the moment we’ve all been waiting for is finally here! 🙌 Since last night, I’ve been receiving messages from excited people saying their KYC (Know Your Customer) is fully approved ✅! That’s right, the approvals are starting to flood in, and BIG things are brewing! 🔥
👀 Positive Changes Incoming! This is HUGE for the Pi Network! 🚀 We’ve been waiting for this step, and now it’s happening. As more and more KYC approvals roll in, it’s clear that Pi Network is leveling up and moving forward to bigger things. 🎯 The anticipation is REAL!
🔓 This Could Be the Start of Something HUGE! Could this be the beginning of the next major phase for Pi Network? 🌍 With KYC approvals rolling out, we’re closer than ever to full network access, and that could lead to big opportunities for all of us. 💰
Stay tuned, pioneers! The journey is just getting started, and it’s looking more exciting than ever. 🚀👾
#PiNetwork #KYC #PiNetworkJourney #BigThingsComing
$PARTI $PEPE $DGB
How to Know If Your Crypto Exchange Is Safe 🔒
Security is key when choosing a crypto exchange. Here’s how to ensure the platform you’re using is reliable and safe for your assets: 📌
1️⃣ Enable Multi-Factor Authentication (MFA): MFA adds an extra layer of protection to your account. Always choose exchanges that offer this feature to prevent unauthorized access 📲
2️⃣ Data Encryption: Look for platforms using strong encryption (SSL/TLS) to protect your personal and financial data from hackers ⛓️💥
3️⃣ KYC and AML Compliance: A safe exchange should comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to help prevent fraud and illegal activities 📸
4️⃣ Regular Security Audits: Platforms that conduct regular security audits and penetration tests are more likely to be secure ⏳
5️⃣ Fraud Detection Systems: A good exchange monitors transactions for suspicious activity to stop fraud before it happens.
I’ve found that platforms like WhiteBIT and OKX take security seriously. Both exchanges use encryption, KYC/AML practices, and offer MFA to enhance user protection. For instance, WhiteBIT educates its users about safe online practices, recommends enabling 2FA, and provides tips on avoiding phishing scams 💡
By choosing exchanges with these security measures, you can protect your crypto assets from hacks and fraud. Always prioritize platforms with strong security features to keep your investments safe! 💡🔐
What exchanges do you use, and what security features do you look for? Let me know! 🚀
$XRP $SOL $BTC #kyc
Security is key when choosing a crypto exchange. Here’s how to ensure the platform you’re using is reliable and safe for your assets: 📌
1️⃣ Enable Multi-Factor Authentication (MFA): MFA adds an extra layer of protection to your account. Always choose exchanges that offer this feature to prevent unauthorized access 📲
2️⃣ Data Encryption: Look for platforms using strong encryption (SSL/TLS) to protect your personal and financial data from hackers ⛓️💥
3️⃣ KYC and AML Compliance: A safe exchange should comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to help prevent fraud and illegal activities 📸
4️⃣ Regular Security Audits: Platforms that conduct regular security audits and penetration tests are more likely to be secure ⏳
5️⃣ Fraud Detection Systems: A good exchange monitors transactions for suspicious activity to stop fraud before it happens.
I’ve found that platforms like WhiteBIT and OKX take security seriously. Both exchanges use encryption, KYC/AML practices, and offer MFA to enhance user protection. For instance, WhiteBIT educates its users about safe online practices, recommends enabling 2FA, and provides tips on avoiding phishing scams 💡
By choosing exchanges with these security measures, you can protect your crypto assets from hacks and fraud. Always prioritize platforms with strong security features to keep your investments safe! 💡🔐
What exchanges do you use, and what security features do you look for? Let me know! 🚀
$XRP $SOL $BTC #kyc
Login to explore more contents