Know Your Customer and Anti-Money Laundering: How Binance protects you with KYC and AML

In this video, we explain the real purpose behind KYC (Know Your Customer) and AML (Anti-Money Laundering) — and how they help keep your crypto safe. Whether you’re signing up for a new exchange or wondering why identity checks exist, this short guide walks you through everything you need to know. ✅ What KYC really protects you from ✅ How AML works behind the scenes ✅ Why regulators care about the Travel Rule ✅ How compliance = access to better features If you’re serious about crypto security and legitimacy, this is one you shouldn’t miss. 📚 Resources: Know Your Customer (KYC) https://academy.binance.com/en/glossary/know-your-customer Anti Money Laundering (AML) https://academy.binance.com/en/glossary/anti-money-laundering ⏱️ Timestamps: ⏳ 00:00 – Introduction: KYC and AML ⏳ 00:37 – What is KYC (Know Your Customer)? ⏳ 00:51 – How KYC protects the exchange and you ⏳ 01:40 – What is AML (Anti-Money Laundering)? ⏳ 02:01 – How Binance stops money laundering ⏳ 02:40 – How does AML work in practice in exchanges? ⏳ 03:10 – Travel Rule, explained ⏳ 04:00 – How Binance helps combat fraud ⏳ 04:34 – Outro #KYC #AML #CryptoSecurity #BinanceExplains #cryptoeducation ⚠️ RISK WARNING: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. 📢 Join the conversation: ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.din.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance 🔗 Download Binance here (iOS, Android): https://binance.onelink.me/y874/cb98de36 🔗 Sign up for Binance here: https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial