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KYC

“Know your customer”, the obligation of the financial company to verify the identity of the customer.

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Ask

Ask refers to the lowest price a seller is willing to sell an asset. It represents the minimum amount of money or another asset that someone is willing to accept when selling a cryptocurrency.

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Ask Price

The Ask Price is the lowest price in which a seller is willing to accept for the sale of an asset. It represents the minimum amount a seller is willing to accept when someone wants to buy a specific cryptocurrency. This price is part of the order book on a cryptocurrency exchange, where buyers can see the current asking prices from sellers.

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