Is BingX no KYC?

Excuse me, could you clarify for me if BingX operates without the requirement of Know Your Customer (KYC) procedures? I've heard some rumors that they might not enforce this common industry standard for verification, but I'd like to get a definitive answer before proceeding with any transactions or account creation. Could you please elaborate on BingX's policies regarding KYC and whether they follow industry best practices in this regard? Thank you for your time and assistance.