Does LBank require KYC?

I'm curious about the security measures employed by LBank, specifically regarding the Know Your Customer (KYC) process. Could you elaborate on whether LBank mandates users to complete KYC verification in order to transact on their platform? I'm interested in understanding how this policy, if implemented, affects the user experience and the overall security of funds held within the exchange. Additionally, I'm wondering if there are any exceptions to this rule or if it applies universally to all types of transactions and user accounts.