What is KYC and KYB?

Last updated on Jun 20, 2026

Know Your Customer (KYC) and Know Your Business (KYB) are identity verification processes required for all regulated financial services.

Why we do this

  • Prevent fraud and money laundering
  • Keep the platform safe for all customers
  • Meet legal and regulatory requirements

KYC applies to personal accounts — we verify who you are.

KYB applies to business accounts — we verify your company is legitimate and identify its owners.

Verification is a one-time process for most customers. You may be asked to re-verify if your details change significantly.