Can US citizens complete Know-Your-Customer (KYC) verification on the Mexc
cryptocurrency exchange? I've been considering investing in some digital assets listed on the platform but I'm uncertain about the regulatory compliance for US residents. Is KYC a requirement for all users, or does it vary based on certain conditions? If it is a necessary step, how streamlined is the process? Any insight into the specific regulations Mexc adheres to for US customers would be greatly appreciated. Additionally, are there any potential risks or limitations I should be aware of before attempting to verify my identity?
9 answers
Michele
Mon Jul 01 2024
This move was likely due to regulatory pressures or other considerations specific to the US market.
SsamziegangSerenadeMelodyHarmonySoul
Mon Jul 01 2024
Prior to 2023, MexC enjoyed popularity as a non-KYC exchange in the United States.
Raffaele
Mon Jul 01 2024
The platform allows users to begin trading without undergoing Know Your Customer (KYC) verification.
Lucia
Mon Jul 01 2024
Its no-KYC approach made it a preferred choice for many traders in the region.
SumoMighty
Mon Jul 01 2024
Nevertheless, in 2023, MexC made a significant change to its service offerings.