KYC (Know Your Customer)

A regulatory and compliance process where businesses verify the identity of their clients in order to prevent money laundering, terrorist financing, and other illegal financial activities. In the cryptocurrency world, KYC processes are often implemented by exchanges and wallets.

Non-Fungible Token (NFT)

Non-Fungible Token (NFT): A unique, digital certificate of ownership for a specific item or asset,...

DEX (Decentralized Exchange)

A type of cryptocurrency exchange that operates without a central authority, enabling users to trade...

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