Crypto Derivatives Exchange Bitget Makes KYC Necessary for New Users

Cryptocurrency derivatives exchange Bitget announced revised Know Your Customer (KYC) requirements to ensure compliance with global regulatory standards.

The move comes as the crypto exchange aims to align its operations with recommendations from international regulatory bodies and to provide a secure environment for cryptocurrency trading.

The exchange claims that the revised KYC guidelines are put in place to safeguard the interests and rights of its users.

Starting from September 2023, Bitget will roll out the changes to its KYC verification process.

New users who register with the platform will be required to complete level 1 KYC verification before they can access a range of services offered by Bitget.

These services include the ability to deposit funds and engage in the trading of various cryptocurrencies.

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Aug-22-2023 10:33:41 AM