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KYC

Know Your Customer: the checks a provider runs before it will sell to you. In this market that ranges from an email address alone to a company registration and a photo of a passport.

Why it costs you money

It decides whether you can buy at all, and it cuts both ways. A buyer without a registered company needs a provider that takes an email address; a buyer treating an unverified network as a risk signal wants the opposite. Both are legitimate, and the requirement is rarely on the pricing page.

See it in the data

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