What Is KYC and Why Do Platforms Require It?

KYC, or Know Your Customer, is a term you’ll see across banking apps, e-commerce, and platforms like Shreewin.

The Purpose of KYC

It’s a standard identity verification process designed to confirm that an account genuinely belongs to the person using it, reducing fraud.

What’s Typically Involved

This usually includes submitting a valid ID and sometimes a selfie or address proof, completed shortly after registration.

Why It Benefits Users Too

Beyond compliance, KYC also protects your own account from unauthorized access and speeds up processes like withdrawals.

Completing KYC

After logging in through the login page, most platforms guide you through this process directly within your account settings.