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Learning & News => News related to Crypto => Topic started by: newshunter on January 08, 2021, 07:01:52 AM

Title: After Know Your Customer debacle, BitMEX reports 100% of users are verified
Post by: newshunter on January 08, 2021, 07:01:52 AM
After Know Your Customer debacle, BitMEX reports 100% of users are verified

Controversial crypto derivatives trading platform BitMEX says its entire user base has completed the obligatory Know Your Customer process.


Source: After Know Your Customer debacle, BitMEX reports 100% of users are verified (https://cointelegraph.com/news/after-know-your-customer-debacle-bitmex-reports-100-of-users-are-verified)

Would appreciate your opinion about this
Title: Re: After Know Your Customer debacle, BitMEX reports 100% of users are verified
Post by: TomPluz on January 08, 2021, 10:01:56 AM
Okay, that can be amazing that BitMEX achieved 100% KYC verification of all of its users. I am really wondering if they are able to get it, or they flushed away accounts which failed to accomplish the KYC requirement. Anyway, that is their exchange platform and users are at their own mercy. Such is the mess and disadvantage of a centralized exchange though we have to accept that as of now centralized exchanges still holds the sway in the cryptocurrency industry.