What is KYC certification? How to complete KYC verification?

The KYC (Know Your Customer) policy (that is, fully knowing your customer) strengthens the review of account holders and is the institutional basis for anti-money laundering to prevent corruption.
Why do KYC?

KYC policies not only require financial institutions to implement a real-name system for accounts and understand the actual controller of the account and the actual beneficiary of the transaction, but also require a full understanding of the customer's identity, permanent address or the business of the enterprise, and take corresponding measures. KYC certification can ensure the security of our funds and unlock corresponding transaction permissions. We recommend that you complete identity verification so that you can increase your single limit for purchasing/withdrawing digital currencies.
How to complete KYC verification

Step 1: Open the DCEP APP, click Security Settings directly on the homepage and select Identity Authentication.

Step 2: Click to authenticate and follow the prompts to complete the authentication.

Step 3: After the identity authentication is passed, transactions can be carried out.