What are the requirements for clients?

Client requirements for cryptocurrency exchanges are established individually by each service, depending on its jurisdiction, compliance policies, and applicable legislation. In most cases, KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures are implemented to verify the client’s identity and prevent money laundering. Some platforms require only basic verification - passport, selfie, and contact details. Others may request: proof of address; information on the source of funds; corporate documents (for legal entities); bank statements; tax identification numbers. The scope of requirements may also depend on the transaction volume: the larger the transaction amount, the higher the level of verification. Thus, there are no universal requirements - they are determined by the internal policies of each platform.