Does CoinEx require KYC?

I'm curious to know if CoinEx, as a cryptocurrency exchange, mandates Know Your Customer (KYC) procedures for its users. KYC is a standard practice in the financial industry to prevent money laundering and other illicit activities. It involves verifying the identity of customers through various means, such as government-issued IDs and proof of address. So, does CoinEx enforce KYC measures for its users, or do they operate under a more relaxed approach? Understanding this aspect is crucial for users who prioritize privacy and security when engaging in cryptocurrency transactions.