To all the newbies reading this, KYC might be something new to a lot of people especially if you are starting out on the crypto industry as a means of making money well to make it perfectly simple for everyone its not only the crypto market where KYC is required by the businesses investment vehicles such as the stock market and mutual funds require you to submit KYC documentation by their brokers in order for you to use their services so KYC as a requirement isn't really nothing new for most of the people. I know people think this is a violation of privacy but this is how things work ever since crimes such as money laundering and other illicit activities can happen on investment vehicles.