What is a KYC?

K.Y.C - Know Your Customer explained

KYC means Know Your Customer and sometimes Know Your Client. KYC check is the mandatory process of identifying and verifying the client's identity.

We at KYCB checking the identity of project owners and verifying them, so Investors can be sure that their is a lower risk the project owners can rug or scam their project.

Know Your Customer, or KYC is the process of identity verification to ascertain that the person speaking to us is really who she/he says they are. How does it work? The identities of the project owner is determined by submitting ID documentation (Passport, National ID) to an automated platform. This is similar to the KYC process needed when opening up a trading account on a major exchange like Binance, for example.