Is Platinx Exchange safe for KYC?

Yes, Platinx Exchange is safe for KYC. It is a simple process of knowing the customer by verifying their necessary documents. The government has recently made the KYC process mandatory for all exchange platforms dealing with virtual digital assets. This has been done under the Prevention of Anti-Money Laundering Law (PMLF). 

Under this law, it is required for intermediaries dealing with virtual digital assets to maintain KYC details or records of their clients and users. 

This step taken by the government has been seen as a positive step in recognizing the sector. As a reliable crypto exchange platform all the data provided by the user does not share with anyone. This effort introduced by the government is to stop the misuse of virtual digital assets by the bad elements in society.

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