IDEX to release KYC procedures

IDEX to release KYC procedures

The IDEX, a decentralized exchange is to introduce a Know Your Customer (KYC) procedure. The company declared, “Over the next few months, IDEX will begin instituting KYC procedures for all users to comply with both AML and sanction laws.” The trade involving small amount would have to provide minimum information while huge trade requires additional KYC procedures.

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