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KYC Verification and Identity Authenticator

What is KYC Verification? Why does XNCE require it?

Updated 3/20/2026

KYC (Know Your Customer) is a mandatory compliance procedure required by global financial regulators for licensed brokers, aimed at verifying customer identity and preventing money laundering (AML) and terrorist financing and other illegal financial activities. All clients must complete KYC verification before beginning real-money trading; otherwise, core functions such as deposits, withdrawals, and opening real accounts cannot be used.