Quote from: nur121 on October 22, 2018, 03:40:22 PM

Quote from: HashFlare on October 19, 2018, 01:15:37 PM

Quote from: nur121 on October 19, 2018, 11:24:07 AM

Hello! What is kyc and why have i go through it?

Hello!

KYC (Know Your Customer) is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship.

It is an obligatory process that requires all clients to prove their identity (in accordance with EU regulations).

Information on withdrawal limits for different verification levels can be reviewed in your account panel: Help - Withdrawals limits.

Ok...So this means I have to go through verification so that some fraudsters do not take over my money? Right?

It has more to the with EU regulations that oblige us to ask our users to verify their identity. But it also enhances the security of one's account as well.