Learn what is KYC, and find out about the process of completing KYC verification for your Binance account! If you frequent the crypto world, you’ve probably seen and heard the terms “KYC” and “AML” being thrown around, rather frequently. Both of these terms have become synonymous with opinionated discussions in various crypto forums online, and strict regulations that many exchanges enforce on their platforms. What’s the KYC meaning, though, and why is it such a hot topic? Is it really that important to anyone looking into cryptocurrencies, and what does it mean to the future of crypto, in general? Well,...

Cryptocurrencies let you buy goods and services, or trade them for profit. Here’s more about what cryptocurrency is, how to buy it and how to protect yourself. 1. What is cryptocurrency? A cryptocurrency (or “crypto”) is a form of payment that can circulate without the need for a central monetary authority such as a government or bank. Instead, cryptocurrencies are created using cryptographic techniques that enable people to buy, sell or trade them securely. Cryptocurrencies can be exchanged for goods and services, though they often are used as investment vehicles. Cryptocurrency is also...