---
title: Which actions require KYC?
description: "All **fiat** actions -- **deposits and withdrawals** -- require **verified KYC**. If your identity isn't verified, those actions are blocked (the check fails safe -- if verification can't be confirmed, the action is denied). Starting and checking KYC is exempt…"
url: "https://www.bananacrystal.com/faq/which-actions-require-kyc/"
updated: "2026-07-27"
category: "AI Agents & MCP Tools"
---

# Which actions require KYC?

All **fiat** actions -- **deposits and withdrawals** -- require **verified KYC**. If your identity isn't verified, those actions are blocked (the check fails safe -- if verification can't be confirmed, the action is denied). Starting and checking KYC is exempt so you can always complete verification. Non-fiat actions (balances, transfers, swaps, offers/trades) aren't gated by the KYC check.