Good afternoon. I heard that KYC will be obligatory requirement needed for registration on this exchange. Is that true?
WP describes KYC as one of the tools for protection and identification of users.
Then im afraid that many users may ignore this exchange cause the competitors registration procedure is much simpler.
Ive been trading on the exchange for a long time and i can claim that KYC is an obligatory protection company, it isnt a problem for any trader.
I just cant understand how the fact that theyre aware of my data can help to protect my account and funds stored on it?
One of the most obvious examples: even if frauds get access to yr account, they cant withdraw the funds to the accounts that dont belong to you.
Yes, youre right, this should be quite efficient. Will 2AF be implemented?
Yes, of ocurse. Were also planning to provide the users with an opportunity to determine when they want to use it and when they dont, but the most important actions will be protected.
