If you are a newbie to crypto,have you wonder why does a(most of the) CEX/s needs KYC when you create an account on their platform? Even most of us crypto traders/investors don't know the reason. But we all should know the reason behind this.

Well, there are several factors that you may consider as to why most crypto exchanges require KYC when creating an account on their platform.

Some of them are,

Security: One of the main purpose of KYC is Security. Exchanges store sensitive user informati

Before beginning, let me share about the context why I am posting this. I've been having some interesting conversations with one of my friends about crypto space and it got me thinking about the various ways we introduce our friends to this exciting space. From my perspective, crypto is a fantastic realm with endless possibilities, but it can be overwhelming for newcomers as well. That's where friends come in.

We can make this journey more engaging and less intimidating for them. So, here's

Why should you not invest in Meme coin If you are newbie in Crypto space?

First of all, every crypto currency is always risky and has potential to grow as well. You should not invest in crypto that you can't afford to lose. But if you are a newbie in Crypto space, you should avoid investing in memecoin for several reasons. Let's discuss about this in details.

1. Meme coins are frequently generated as a joke or for entertainment purposes, with no significant underlying use case. Unlike establ