KYC (Know Your Customer)
By CoinGecko | Updated on Nov 15, 2021
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them. It is also a policy the businesses required to implement as part of compliance, usually with Anti-Money Laundering and financial crime.
Related Terms
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
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Wallet Address
The address in which cryptocurrency can be stored, sent to and receive.
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
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