What is KYC?
KYC stands for Know Your Customer. It is a process of verifying the identity of customers and confirming that they are not involved in any illegal activities. It is a process used by financial institutions, banks, and other companies to ensure that they comply with anti-money laundering (AML) regulations.
Does BitMEX require KYC?
Yes, BitMEX requires KYC for all customers. BitMEX is a regulated financial institution and must comply with applicable laws and regulations. As such, it requires customers to provide valid identity documents and other relevant information for the purposes of identity verification. This information is used to ensure that customers are not involved in any illegal activities and to protect the integrity of the platform.
What documents are required for KYC?
BitMEX requires customers to provide valid government-issued identity documents such as a passport, driver’s license, or national ID card. Customers may also be required to provide additional documents such as proof of address, a selfie, or other documents as required by the company.
Conclusion
BitMEX requires customers to complete KYC in order to comply with applicable laws and regulations. Customers must provide valid identity documents and other relevant information for the purposes of identity verification. This information is used to ensure that customers are not involved in any illegal activities and to protect the integrity of the platform.
