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Why would Lattice Exchange make you perform KYC and become verified? - $DAG Chads - FAQ Welcome to $DAG Chads - FAQ, where you can ask questions and receive answers from other members of the community.
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Why would Lattice Exchange make you perform KYC and become verified?

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by bin (4.5k points) in $LTX - (English)

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by bin (4.5k points)

For Two Reasons: Launchpad and Lending 

1)   Launchpad projects will require it due to regulatory compliance issues within their own jurisdiction. We are simply making it easy for Launchpad investors to invest in multiple projects and over the years by completing KYC once for all. *This is not a requirement for swaps or liquidity providers.

2)   Lending: Our stablecoin provider is a regulated company and they need KYC to provide the stablecoin loans up to 100 million $!

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