Decode finance jargon with Kite

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Terms starting with K

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Explain it like a bankFlips every card at once

Kite Handle

A short readable name you can be paid to instead of a long wallet address. You share the handle, the sender types it, the money arrives.

Wallet address ENS P2P transfer

Kite Handle

What you already know this as

A UPI ID, or a PayPal email. The account number still exists underneath, you simply never have to read it out.

In Kite: Share your handle rather than a 42-character address. Both work, but only one survives being read down a phone.

KYC

also called Know Your Customer, verification

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Proving who you are with an ID document and usually a selfie, before a regulated service will let you move money. It is a legal requirement, not a preference.

AML Sanctions screening Travel rule Eligibility

KYC

What you already know this as

Opening a bank account. The same passport, the same proof of address, the same wait.

In Kite: You complete KYC once, then request your card in the app.

All 2 terms shown.