XBrick is an Australian cryptocurrency exchange. Xbrick's platform has a high-performance engine just like KuCoin exchange. It can process more than 2 million orders per second. So it is guaranteed that there is no delay in the whole process. Supports KYC for the purpose of Anti-Money Laundering regulation.
Why KYC seems to be so important? Almost every crypto exchange now requires KYC for you to be able to withdraw your funds. Personally, I am not totally in favor of it because it doesn't match the anonymity feature of cryptocurrency. I find inconvenient when I am just going to withdraw a small amount.
Exactly. Who wants KYC? Some ICOs require kyc also even to bounty participants and i cant find any reason why would a bounty particpant need to submit his proof of identity to claim the tokens heve worked for? Some developers are using this system so if the investor or bounty participants fail to provide kyc they will not have to pay them.