KYC is an acronym for “know your customer,” often required as a registration phase in crypto trading apps like Binance. The purpose of KYC is for identity verification, to ensure that a customer is who they claim to be. A typical KYC involves ID verification, fingerprint, and facial capture, among many others.
Wallet
Refers to a digital store or purse where you keep your tokens and digital assets. You need a wallet address to store your NFTs and