What is the KYC process like on Gate.io?

The Know Your Customer (KYC) process on Gate.io, as with many cryptocurrency exchanges, is designed to prevent fraud and comply with anti-money laundering regulations. Users aiming to engage in certain trading activities or unlock higher transaction limits are required to complete the KYC verification process. This involves submitting various pieces of personal identification information and documents, which can include a government-issued ID, a passport, or a driver's license. Additionally, users may need to submit proof of residence, such as a utility bill or bank statement, and in some cases, undergo facial recognition checks for added security. Once the documents are uploaded to the Gate.io platform, they are reviewed by the exchange's compliance team. If the provided information meets the set criteria, the user's account is verified, enhancing their access to the platform's features and services.