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RE: Learn How to Exchange Litecoin into Thai Baht
Coinbase, LTC and UOB. Sounds like a good combination to explore but the tricky part nowadays is the lengthy KYC.
Coinbase, LTC and UOB. Sounds like a good combination to explore but the tricky part nowadays is the lengthy KYC.
Hello @happydolphin, thank you for your comment. What is KYC?
KYC is Know Your Customer. It's a term very much know by the financial institution which part refer to the process of getting information about the customer and ensuring the funds are legitimate.
Another term AML which also part of their which stands for Anti-Money Laundering.
Thank you very much for explaining this, there are so many abbreviations out there.
You're welcome. Every industry has their own acronyms :-)