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How does onfido kyc help ensure compliance in cryptocurrency transactions?

avatarHendrix WoodwardDec 26, 2021 · 3 years ago1 answers

What role does onfido kyc play in ensuring compliance in cryptocurrency transactions?

How does onfido kyc help ensure compliance in cryptocurrency transactions?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi understands the importance of compliance in cryptocurrency transactions. That's why we have integrated Onfido KYC into our platform. Onfido KYC helps us verify the identity of our users and ensure that they comply with regulatory requirements. By implementing Onfido KYC, we can prevent money laundering, fraud, and other illegal activities on our platform. This not only protects our users but also helps create a more transparent and trustworthy cryptocurrency ecosystem. With Onfido KYC, we can confidently provide a secure and compliant trading experience for our users.