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What To Do With KYC Bitcoin

If you spent time going down the Bitcoin rabbit hole or bought Bitcoin from an exchange, you came across the term KYC (I know your customer). You may also have participated in this process by passing a large amount of personal information to the above exchanges to purchase Bitcoin.After your purchase, you have what others call
“KYC Bitcoin.”

What does that mean? This means that your ID is associated with the purchase of that Bitcoin and the associated wallet address where the Bitcon resides as a UTXO (Unused Transaction Output).


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