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Are there any specific regulations or restrictions on using Chinese phone numbers for verification in the cryptocurrency market?

avatarKarthigeyan AktivoltDec 17, 2021 · 3 years ago3 answers

What are the regulations or restrictions on using Chinese phone numbers for verification in the cryptocurrency market?

Are there any specific regulations or restrictions on using Chinese phone numbers for verification in the cryptocurrency market?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    In the cryptocurrency market, there are no specific regulations or restrictions on using Chinese phone numbers for verification. However, it is important to note that different exchanges may have their own policies regarding phone number verification. It is always recommended to carefully read the terms and conditions of the exchange you are using to understand their specific requirements.
  • avatarDec 17, 2021 · 3 years ago
    Using Chinese phone numbers for verification in the cryptocurrency market is generally allowed. However, some exchanges may require additional verification steps or have specific restrictions based on the country or region. It is advisable to check the policies of the exchange you are interested in to ensure compliance with their requirements.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, one of the leading cryptocurrency exchanges, we prioritize the security and privacy of our users. We have implemented strict verification procedures, including the use of Chinese phone numbers for verification. Our platform adheres to all relevant regulations and ensures a safe and reliable trading environment for our users.