KYC stands for "Know Your Customer." It's a mandatory verification process required by international financial regulations to confirm the identity of users. This process helps Shipfinex prevent fraud, money laundering, terrorism financing, and ensures regulatory compliance, thus creating a safer investment environment.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article