StableX Academy

Learn crypto the right way.

114 plain-English lessons Β· 15 modules

KYC (Know Your Customer)

KYC is the process by which a financial platform verifies who its customers are before letting them transact.

In depth

Typically you provide government ID, proof of address and a selfie or liveness check; higher limits require more documentation. It prevents anonymous misuse of the platform and is a legal requirement for regulated exchanges worldwide. Your data is held under privacy law and used for compliance, not marketing.

Tiered pyramid: Level 1 (ID + selfie) β†’ Level 2 (address proof) β†’ Level 3 (source of funds), each with higher limits.

Why it matters

Completing KYC is what unlocks deposits, withdrawals and higher limits on StableX.