What Is KYC?
KYC (Know Your Customer) is a mandatory verification process that helps financial institutions identify and validate client identities. It serves as a foundation for anti-money laundering (AML) policies by ensuring:
- Account holder authenticity
- Understanding of financial beneficiaries
- Verification of residential/business addresses
👉 Why KYC matters for crypto exchanges
The Importance of KYC Verification
Completing KYC unlocks essential platform features while protecting your assets:
- Enables fiat and crypto trading
- Grants access to derivatives contracts
- Required for deposit functionality
- Complies with global regulatory standards
How to Complete KYC on OKX: 3 Simple Steps
Step 1: Access Verification Portal
- Open OKX mobile app
- Navigate to: Profile > Personal Details > Identity Verification
Step 2: Submit Documentation
- Upload government-issued ID (passport/driver's license)
- Complete live facial recognition
- Ensure clear document photos without glare
Step 3: Video Authentication (For C2C Trading)
- Go to Buy Crypto > C2C Trading
- Select My Profile > Video Verification
- Follow on-screen prompts (voice recording required)
Note: All verifications must be completed via mobile app.
Enhanced Account Protection Measures
After KYC completion, enable these additional security layers:
| Security Feature | Protection Benefit |
|---|---|
| SMS Authentication | Login confirmation via text |
| Google Authenticator | Time-based 2FA codes |
| Anti-Phishing Code | Email transaction verification |
👉 Secure your crypto assets today
FAQ Section
Q: How long does KYC approval take?
A: Most verifications complete within 24 hours during business days.
Q: Can I trade without completing KYC?
A: Basic spot trading may be available, but deposits and fiat services require full verification.
Q: Which documents are accepted?
A: OKX typically accepts passports, national IDs, or driver's licenses from supported countries.
Q: Is my personal information safe?
A: OKX uses bank-grade encryption and never shares data with unauthorized third parties.
Key Takeaways
- KYC is mandatory for full platform functionality
- The process combines ID upload and biometric verification
- Additional security features further protect your account
- Always complete verification through official OKX channels