By including a Know-Your-Customer (KYC) model and adhering to the compliance obligations, DIFX creates an authenticated ecosystem that safeguards the platform from criminal activities while still maintaining the users’ need for anonymity.
For KYC, DIFX has partnered with Sum & Substance, a KYC and AML provider. Sum & Substance offers an unparalleled solution for completing a KYC process seamlessly. It is a highly user-friendly platform that makes KYC as simple as possible while maintaining the highest level of security.
Moreover, KYC is necessary to be completed on the platform to withdraw funds.