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by marriedWpt 2325 days ago
"It's possible to deposit, trade and withdraw without ever completing any KYC."

How is this legal?

4 comments

I was thinking the same. It's inviting a world of hurt when your assets get frozen across the platform because someone else used it as part of their fraud scheme.
Hey, Mike from Mushino here.

It's no legal in the US or other first world countries but I can refer you to a great VPN provider if you'd like.

Several exchanges operate under the assumption that if they don't deal with USD then KYC is not necessary.
It's not, if you deal with USD or Euros or with US, EU, or UK clients/traders.

(Note: Switzerland is not part of the EU.)