Cryptocurrency Q&A Does AscendEX require KYC?

Does AscendEX require KYC?

Giulia Giulia Sun Aug 18 2024 | 6 answers 1544
I'm curious to know, does AscendEX, a cryptocurrency exchange platform, require users to undergo Know Your Customer (KYC) verification procedures? KYC is a standard regulatory requirement for many financial institutions, including those dealing with digital assets, aimed at preventing money laundering, terrorist financing, and other illicit activities. Given the growing importance of compliance in the cryptocurrency space, it's essential for users to understand the verification requirements of the exchanges they choose to trade on. Does AscendEX adhere to these standards, or do they operate without such measures in place? Does AscendEX require KYC?

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