Post
Topic
Board Beginners & Help
Re: Buying Bitcoin
by
Upgrade00
on 25/05/2020, 22:08:48 UTC
quote author=stskv link=topic=5251057.msg54500485#msg54500485 date=1590442719]
[I'm in the US.  When you write KYC, are you referring to verification like the Google Authenticator app?
[/quote]
No, KYC stands for Know Your Customer. It's a process webistes use to verify the identity of users of their service in compliance with financial regulations. You regularly would be requested to submit an identity card and indicate your source of income.

Does it take a few days to deposit a couple thousand dollars or can an of these exchanges take deposits within a few minutes?
Typically it should take a few minutes.
Note that, I can only vouch for exchanges i have used personally.