What is KYC and why KYC verification is necessary?

KYC is the short form of Know Your Customer/Know Your Client. It is the verification of the identity of the account holder. Just like when you go to a bank to open an account, you will need to bring your ID and related documents, and perform facial and fingerprint recognition.
HashKey OTC is a professional virtual asset service platform, we are committed to providing users with a high-quality and secure trading experience, where identity verification is indispensable. According to the requirement of Regulations,we are required to perform the necessary KYC verification for all clients.