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
Address Delegation
Delegation of a wallet's stake to a Super Staker
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
Hard cap
The maximum amount that an ICO will be raising.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.