Do you need KYC to trade on Mexc?

Are you curious about whether you need to complete KYC (Know Your Customer) verification to trade on Mexc? Well, let's delve into it. Firstly, KYC is a standard security measure implemented by most cryptocurrency exchanges to comply with anti-money laundering and counter-terrorism financing regulations. It involves verifying the identity of users to ensure that they are legitimate and not involved in illegal activities. So, when it comes to Mexc, does it require KYC for trading? The answer is: it depends. Mexc offers both KYC and non-KYC trading accounts. While users can trade without completing KYC initially, there are certain limitations to the trading volume and certain features may not be available. However, if you want to unlock higher trading limits and access more advanced features, you will need to complete KYC verification. This typically involves submitting personal information such as your name, address, and proof of identity, and may also require you to provide proof of address and other documents. In conclusion, while you don't necessarily need to complete KYC to trade on Mexc, doing so can provide you with more flexibility and access to advanced features. So, it's ultimately up to you to decide whether you want to go through the KYC process or not, based on your trading needs and preferences.