Does MEXC use KYC?

As a cryptocurrency enthusiast and investor, I'm always interested in the security measures adopted by various exchanges. KYC, or Know Your Customer, is a crucial compliance procedure that ensures the safety and integrity of trading platforms. So, I'm curious to know - does MEXC, a renowned cryptocurrency exchange, implement KYC? I understand that KYC helps prevent fraud, money laundering, and other illicit activities, and I believe it's essential for exchanges to adopt such measures to protect their users. I'd appreciate it if you could clarify whether MEXC utilizes KYC and, if so, what specific steps are involved in the process. Thank you for your time and consideration.