Why is KYC Verification Necessary?
1. What Is KYC Verification?
KYC (Know Your Customer) Verification refers to the process of verifying a user's identity. Completing KYC helps protect your account and assets and effectively reduces risks related to fraud, corruption, and anti-money laundering. In addition, if you accidentally lose your account password or security credentials, your verified KYC information can help you recover access to your account more efficiently.
2. Why Is KYC Verification Necessary?
Users are required to complete KYC verification to access products and services on MEXC. Completing KYC unlocks a smoother and more secure trading experience:
- Stronger protection for your account and assets
- Access to core trading features
- Participation in platform events and campaigns
3. Types of KYC Verification
Type | Level | Required Information | Verification Method |
Individual KYC Verification (ID Card, Driver's License, Passport, Residence Permit) | Primary KYC Verification | Manual Selection: Nationality, Document Type Take/upload a photo of the document | Web, App |
Advanced KYC Verification | Manual Selection: Nationality, Document Type Take/upload a photo of the document and complete facial recognition | Web, App | |
Additional Verification | Address Verification | Provide a valid proof of your current residential address (must be within the last 3 months) | Web Only |
Institutional Verification | - | Submit corporate information, including company registration details and board authorization documents | Web Only |
4. Who Can Participate in KYC?
Users from countries or regions not restricted by MEXC are eligible to submit KYC verification. Restricted countries or regions are listed in the User Agreement. If you experience any issues during the KYC process, contact online Customer Service or submit a support ticket for assistance.