Base on other exchange that implementing fiat to fiat they requiring users to do KYC to protect everyone from money laundering so does the team is doing the KYC?
The team has already KYC in place, participants in the ICO must register here : https://ico.xcrypt.club/Account/Register/ , get whitelisted , pass the KYC system and purchase XCT tokens .
I like the fact that KYC will be required, this will attract more individuals and institutional investors to invest in Xcrypt because they will feel safer and this will make them push in more funds into the exchange.