No KYC needed.
To what extent?
Verified email + 2FA must be enabled for address generation, trading and withdrawal.
Fees:
Withdrawal fees are quite competitive compared to other major exchanges.
Are you based in Hong Kong?
In terms of use, you limit users to certain ages and jurisdictions (but I don't see a list of restricted jurisdictions), how do you ensure that users don't violate these terms without asking for KYC?
Cyprus.
I can understand your concern. We have implemented few securty features to prevent users from generating fake volume and trades. If there is going to be large number of violations we would be forced to use phone number verification using twillio.