Post
Topic
Board Announcements (Altcoins)
Re: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡
by
cross_over100
on 16/05/2018, 04:19:50 UTC
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.

In order for Xbrick to operate legally in its country, it should comply with it's country's laws and regulations. One of it is the KYC of its clients. But just like you, I don't want KYC also. Because I don't know them so I don't want to trust my personal identity with them. We know how rampant identiy theft nowadays. Everyone can be a victim.