Season 1Episode 52:17

How does KYC work, and who should get your ID?

In this lesson Understand the general purpose and flow of identity verification, and submit only through a verified official channel.

Key takeaways

KYC confirms you are the account owner and helps the platform meet the rules.
Submit your ID only inside the official verification flow, never in a chat.
If it fails, read the reason, fix it and try again with your real identity.

Quick check

Who should receive your ID?

Try it yourself

Put the verification steps in order using fictional details. Uploading a real ID to the course is not allowed.

Show the answer

Verify the entry → submit your real details as your region requires → wait and check the result.

Transcript

Sam
It wants my ID. And this guy says he can do it for me?
Nexubo
Identity checks are usually there to confirm you are the account owner and to meet the rules. Make sure it's the official flow first. Don't hand your ID or codes to an 'agent' in a chat group.
Narrator
Usually you enter your real details, upload a supported valid ID, then follow the prompts for a photo or face check. Whether you need proof of address, and which IDs are accepted, depends on your region and platform.
Nexubo
If it fails, read the reason first. Is the ID expired? Is there glare? Does the name match? Fix it as instructed. Never try again with a fake identity.
Sam
Once I'm done, can I trade right away?
Nexubo
Not guaranteed. The result, the products you can use and whether you can deposit all depend on the official notice. And this academy never collects your real ID.
Narrator
Who gets your ID? Only the verified official flow. Not us, and not a stranger.
Nexubo
Ready to verify? Start only on the official site. Our OKX partner link takes you straight there, with code nexu888 for a fee rebate. We never ask for your ID.
Narrator
Deposit, buy, transfer: three buttons that all look the same. Next: which one to press.
Narrator
Understand first, then act.