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What is KYC and why do I need it?

KYC (“Know Your Customer”) is identity verification, required by regulation before you can move real money. On BananaCrystal:

  • Deposits and withdrawals require verified KYC. You can browse, hold a balance, swap, transfer, and trade without it, but fiat in/out is gated until you’re verified.
  • Verification is handled by our verification partner through a quick guided flow.

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