Crypto.Andy

🔥 KYB: My Experience and Key Benefits for Businesses

$BTC transparency became the foundation of the crypto movement. While many are familiar with KYC, KYB remains less discussed — despite its growing importance. KYB addresses a fundamental question for businesses: "Who exactly are we dealing with?"

🤝 KYB is a procedure companies need to open a corporate account and legally operate in the Web3, fintech, or crypto space.

I recently consulted one such company on this process. Their main goal was to separate personal funds from business operations. After completing the KYB procedure, the company fully integrated into the financial infrastructure.

From my experience, here are reasons why you shouldn’t delay it and how it opens new opportunities:

📍 Access to payment infrastructure. Payment gateways, fintech partnerships — all require KYB.

📍 Reach a new level working with exchanges. After KYB, you are perceived as a business partner. For example, on WhiteBIT, you gain access to OTC deals, flexible limits, SEPA transfers, and customized trading conditions. Additionally, solutions like Whitepay allow integration of crypto payments into your business.   institutional.whitebit.com/

📍 Build trust in the market. As Bitget highlights, by implementing KYB procedures, companies enhance their ability to identify and mitigate potential risks, contributing to trustworthy business environment.   www.bitget.com/support/article...

As Hank Huang, CEO at Kronos Research, emphasizes:

“KYB serves as a cornerstone for trust, compliance, and risk management are key factors in building lasting relationships with investors and partners. For global companies, especially in sectors like crypto and Web3, it demonstrates credibility and a commitment to transparency, sending a clear signal of reliability in an increasingly regulated and connected business environment.”

🚀 KYB is not a hurdle but a strategic growth tool.

#BTC Price Analysis# #Bitcoin