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Welcome to Binance News! In this article, we will guide you through the process of completing the KYC (Know Your Customer) verification on Mexc. KYC is an essential requirement for users who want to ensure the security of their funds and access higher trading privileges. So, let’s dive in and learn how to complete KYC on Mexc.

What is KYC?

KYC, short for Know Your Customer, is an intensive review of account holders and serves as the foundation for anti-money laundering regulations. The purpose of KYC is to prevent corruption and ensure transparency and security within the financial system. By implementing a real-name account system, financial institutions can verify the actual controller of the account and the actual beneficiary of the transaction.

Why is KYC necessary?

KYC certification improves the security of your funds and unlocks different levels of trading rights. Completing KYC on Mexc allows you to increase the single amount of cryptocurrency you can purchase or withdraw. Moreover, some earning events on Mexc require users to pass KYC verification before participating.

How to Complete KYC on Mexc

Follow these simple steps to complete the KYC verification process on Mexc:

Step 1: Log in to Mexc

Begin by logging in to the Mexc website and accessing your account. Once you’re logged in, click on “Verify your identity” and then select “Authentication.”

Step 2: Click on “Verify”

Step 3: Fill in Personal Information

Fill in your personal information as per the specified requirements. Make sure to follow the image requirements when uploading your relevant identification documents. Only pictures are supported, and the file size should not exceed 5MB to ensure clear visibility.

Step 4: Wait for Review Results

After submitting your information and documents, wait for the review process to be completed. If you registered with your email, you will receive the review results via email. For users who registered with their phone number, the results will be sent via SMS. The review process usually takes about 15 minutes. If you have any concerns or need assistance, feel free to contact the official customer service for further clarification.

Advanced KYC for Increased Withdrawal Limits

Once you have successfully passed the Primary KYC verification, you also have the option to complete the Advanced KYC process. This will allow you to increase your daily withdrawal limits, providing you with more flexibility in managing your funds.

Closing Thoughts

Completing the KYC verification process on Mexc is a crucial step towards enhancing the security of your funds and gaining higher access to trading options, event participation, and fund withdrawals. By adhering to KYC requirements, you can ensure a safer and more reliable trading experience on Mexc.

Remember, always exercise caution when trading cryptocurrencies as it involves significant risk, and you may lose your invested capital. The information provided in this article is solely for educational purposes and does not constitute financial advice.

Now that you know how to complete KYC on Mexc, take the necessary steps to secure your funds and explore the exciting opportunities that Mexc has to offer.

Stay tuned for more informative articles from Binance News!

Disclaimer: Trading crypto involves significant risk and can result in the loss of your invested capital. The materials are not related to the provision of advice regarding investment, tax, legal, financial, accounting, consulting, or any other related services and are not recommendations to buy, sell, or hold any asset. Mexc Learn solely provides information, but not financial advice. You should ensure that you fully understand the risk involved before investing.