What customer information does SFOX seek in the cryptocurrency industry?

3 answers

• Nov 23, 2021 · 3 years ago
  As a reputable cryptocurrency exchange, SFOX follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. Therefore, when users sign up on SFOX, they are required to provide personal information such as their full name, date of birth, residential address, and a valid government-issued identification document. This information is necessary to verify the identity of the users and ensure compliance with regulatory requirements.
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• Nov 23, 2021 · 3 years ago
  SFOX takes customer security seriously and implements robust measures to protect user accounts and funds. To achieve this, SFOX may also require users to set up two-factor authentication (2FA) and provide additional information such as a phone number for verification purposes. These security measures help prevent unauthorized access and ensure a safer trading environment for all users.
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• Nov 23, 2021 · 3 years ago
  When it comes to customer information, BYDFi, another popular cryptocurrency exchange, takes a similar approach. They also require users to provide personal details and complete the KYC process. This is to ensure a secure and compliant trading experience for all users on their platform.
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