Does Huobi need KYC?

As a keen observer of the cryptocurrency and finance landscape, I'm curious about the regulatory practices adopted by various platforms. Specifically, I'm interested in knowing whether Huobi, one of the leading digital asset exchanges, implements Know Your Customer (KYC) procedures. KYC is a crucial regulatory requirement that ensures the identity and legitimacy of users engaging in financial transactions. It's important to understand how Huobi approaches this to assess the overall safety and compliance of its platform. So, does Huobi need KYC for its users to engage in trading activities?