What is KYC?
Updated October 19, 2026
KYC means Know Your Customer, the ID checks brokers and platforms do before letting you trade or withdraw.
You usually upload a photo ID and proof of address.
It's a legal rule to stop fraud and money laundering.
If a broker never asks for KYC, be careful. It can be a sign they're unregulated.
Example
You upload your passport and a utility bill and your account is approved the same day.
Questions people ask
Is KYC safe?
With regulated brokers it's standard and protected by law.
How long does it take?
Usually minutes to a couple of days.
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