Cryptocurrency exchanges in India follow strict Know Your Customer guidelines to prevent fraud and illegal activities. When users sign up on an exchange they are required to provide personal information such as full name date of birth and contact details.
The verification process involves submitting government issued identification such as Aadhaar or PAN cards. Some exchanges may also request proof of address or a selfie to match with the identification. Many platforms use automated systems to verify documents instantly while others manually check each submission for added security.
Once the KYC process is complete users gain access to higher transaction limits and additional features on the platform. Exchanges store user data securely in compliance with Indian regulations to protect sensitive information.
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