Do I need a verified account to buy bitcoin?
As a curious investor delving into the realm of cryptocurrency, I'm wondering if there's a prerequisite for purchasing bitcoin. Specifically, I'm inquiring about the necessity of a verified account. Could you elaborate on the reasons behind this potential requirement? Does it enhance security? Or is it simply a regulatory measure? Also, if a verified account is indeed mandatory, what's the typical verification process like? How long does it take? And are there any fees associated with this verification? Your insights would be invaluable in guiding me through this initial step of my crypto journey.