Does BYDFi need KYC?

Excuse me, I've been doing some research on BYDFi and I'm a bit confused about their compliance measures. Could you please clarify whether or not BYDFi requires Know Your Customer (KYC) procedures for their users? I understand that many cryptocurrency platforms have implemented KYC to comply with regulations and prevent money laundering, but I'm not sure if this is the case with BYDFi. I would appreciate it if you could provide some insight into their policies in this regard. Thank you in advance for your help.