Welcome to the forum JokerChange!
The first thing I noticed is your ANN banner is not clickable. Just edit it and add your website URL so everyone can click on the images to check your website. I have checked your website already and am amazed by your exchange options. Not only a lot of cryptocurrency but a lot of networks as well. I am being honest, but only a few websites have that many cryptos with that many networks.
But I am curious to know more about your AML/KYC policy. Do you ask for KYC from all your users or just for suspicious users? Is there any limit like you ask for KYC if a user exchanges 5K USD or something like that? FYI, people do not want to use centralized exchanges for a reason: KYC hassle. If instant exchanges ask for KYC, why people would choose them over exchange like Binance?
Thank you for your comment 😊.
Do you ask for KYC from all your users or just for suspicious users?
JokerChange does not require KYC from all users.
Of course, you can exchange without KYC.
Binance requires KYC and an account to exchange cryptocurrencies directly.
At JokerChange, you do not need an account and can easily exchange your cryptocurrencies without sending KYC directly.
However, if a person sends cryptocurrencies listed in a blacklisted database or the transactions appear suspicious and related to suspicious activity, JokerChange will automatically verify the funds and request KYC.
Yes, some users can be automatically blocked by KYC even if they are not linked to this, in order to maintain control and prevent some users from using the service to launder money.