What is KYC?
KYC (Know Your Customer) is a process used by cryptocurrency exchanges like MEXC to verify the identity of users to ensure security and regulatory compliance. The KYC procedure helps prevent fraud, money laundering, and terrorism financing. Identity verification is necessary to increase withdrawal limits and participate in certain events and promotions on the platform.
MEXC KYC Step-by-Step Verification Guide
Why You Need to Complete KYC on MEXC
- Increase the security level of your account and protect against unauthorized access.
- Comply with international and local laws and regulatory requirements.
- Gain higher deposit and withdrawal limits.
- Participate in various promotions, contests, and events held by the exchange.
- Combat money laundering and terrorism financing.
MEXC KYC Step-by-Step Instructions
The KYC procedure on MEXC consists of several steps, each requiring attention to detail and the provision of accurate information. Follow these steps to complete verification successfully:
Step 1: Registration on the Website
If you do not yet have an MEXC account, visit the official exchange website and click on the “Register” button. Enter your email address, create a password, and agree to the platform’s terms of use. Confirm your registration by following the instructions sent to your email.
Step 2: Authorization
Log into your MEXC account using your registered email address and password.
Step 3: Accessing KYC
Go to your account settings. This is usually done by clicking on the profile icon in the top right corner of the screen. Find the KYC or Verification section in the account settings menu and navigate to it.
Step 4: Filling Out the Form
Enter your full name, date of birth, nationality, and residential address. Ensure that the information matches the details in your documents.
Step 5: Uploading Documents
To verify your identity and residential address, you need to upload the following documents:
- Passport, ID card, or driver’s license
- Take clear photos of the front and back of the document. The photos must be in color and high quality, without glare or shadows. Ensure that all details on the document are easily readable, including your name, date of birth, photo, and expiration date.
- Selfie with the document
Take a photo holding the document next to your face. Ensure that both your face and the document are clearly visible in the photo. The photo should be sharp and not blurry.
- Proof of address (if required)
A document proving your address. This could be a utility bill, bank statement, or any official letter with your name and address. The document should be issued no more than three months before the application date.
Step 6: Reviewing and Submitting Documents
Carefully review all the entered information and ensure that the document photos are uploaded correctly. Click the submit button to send your application for review.
The verification process usually takes from a few hours to a few days. During this period, MEXC may request additional documents or information. After the review is complete, you will receive a notification on your email about the verification result.
MEXC KYC: Useful Tips
To ensure the KYC process on MEXC goes smoothly, keep these tips in mind:
- Ensure that all document photos are clear, without glare or blurriness. This will speed up the review process.
- Enter only accurate information that matches your documents. Discrepancies can lead to verification rejection.
- Make sure the documents are valid at the time of application submission.
By following these recommendations, you can successfully complete the KYC procedure on MEXC and gain access to all the platform’s features and benefits.