We do not require KYC verification for all users. The vast majority of our users can trade anonymously, with minimal verification requirements. This aligns with our commitment to user privacy and data security. We are confident that our KYC procedures are transparent and implemented in a way that balances user privacy with our commitment to a secure and compliant platform.
We also provide an opportunity for all users to check their address via our Support Service before starting an exchange. If the risk score of the address is normal, we promise 100% KYC-free exchange. Soon we'll add an address checking feature to our website.
In fact, this is the most common explanation of the KYC policy for all exchangers. Everything has been said, but nothing significant and specific.
For example, how the process goes, when your AML alarms indicate a transaction. User pass KYC and what next? Do these funds then have a better AML score? Do you return the funds to the user or continue with the exchange process? Or just lock funds.
Could you clarify this part of your KYC policy?