KYC is very useful in preventing fraudulent users from repeating the offences. Sybil attacks (where a single user tries to game the system by creating a large number of pseudonymous identities) can be effectively prevented by verification of identities.
Why does Peer to Peer exchange require KYC? Print
Created by: Vikram Subburaj
Modified on: Thu, 19 Apr, 2018 at 5:21 PM
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