What do people do with KYC for Bybit after buying it?
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So, after youβve bought crypto or deposited funds on Bybit, the KYC (Know Your Customer) step is basically to verify who you are. People usually upload some IDβlike a passport or driverβs licenseβand sometimes a selfie for proof. Itβs like Bybit making sure youβre legit and not a robot or someone trying to do sketchy stuff.
Once you finish KYC, you get higher withdrawal limits and access to more features on Bybit, like bigger trading amounts or certain promotions. Also, it helps keep the platform safe for everyone.
Most people just do it once and then forget about it, since itβs just a one-time verification to unlock all the cool stuff.