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Kucoin Think Before You Invest Quiz Answers Today ( Article 3 )

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Q1. What is KYC Short For?

Answer : Know Your Customer

Q2. What Are the Benefits of KYC?

Answer : All of the above

Q3. About KYC, what tips are incorrect below?

Answer: Businesses should carefully consider the risks and benefits of KYC before deciding whether or not to implement such policies and procedures

Q4. What is NOT the benifit of KYC for crypto exchange.

Answer: Collect private information from individuals

Q5. Which tip is incorrect below?

Answer: If any crypto exchange does not implement KYC, it will 100% face criminal charges

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