KYC is designed to prevent money laundering (AML; Anti-Money Laundering), financial fraud, identity theft, etc. KYC not only protects the platform, but also provides additional security for each user's account.
KYC is required if you want to do any of the following on OurSong:
- Withdrawals: OSD withdrawals of unlimited amounts
- Total inflows of 2000 OSD (USD), i.e. deposits and revenue from NFT sales
You can go to "Settings" > "Profile" > "Know Your Customer (KYC)" and fill in your personal information and upload relevant documents in order to proceed.