Does BYDFi require KYC?

I'm curious to know if BYDFi, as a cryptocurrency or financial platform, mandates Know Your Customer (KYC) procedures for its users. KYC is a common regulatory requirement in the financial industry aimed at preventing money laundering, terrorist financing, and other illicit activities. Does BYDFi adhere to such practices, or do they operate in a more decentralized and anonymous manner? Understanding their KYC policy is crucial for assessing the platform's level of security and compliance with industry standards.