Are exchange rules enforced rigidly or flexibly judged?
A leading exchange A adopts a more humane approach—requiring users to provide valid documents and relevant proof, so that processing only begins once user identity is confirmed, which seems more reasonable.
A leading exchange B, on the other hand, takes a tougher stance—collecting all problematic account information centrally, handling them uniformly, directly freezing involved withdrawal funds, and permanently banning related KYC accounts.
But here’s a reality: KYC accounts themselves cannot be bought, sold, or transferred—this is a clear bottom line rule of the exchange. Some people knowingly risk being flagged by risk control, yet still transfer their accounts to others, only realizing the consequences after being permanently banned—this is not entirely unfair. In the face of rules, no one is special.
The key is that users need to understand: account security and compliance bottom lines are non-negotiable. When choosing an exchange, you must accept its risk control standards.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Are exchange rules enforced rigidly or flexibly judged?
A leading exchange A adopts a more humane approach—requiring users to provide valid documents and relevant proof, so that processing only begins once user identity is confirmed, which seems more reasonable.
A leading exchange B, on the other hand, takes a tougher stance—collecting all problematic account information centrally, handling them uniformly, directly freezing involved withdrawal funds, and permanently banning related KYC accounts.
But here’s a reality: KYC accounts themselves cannot be bought, sold, or transferred—this is a clear bottom line rule of the exchange. Some people knowingly risk being flagged by risk control, yet still transfer their accounts to others, only realizing the consequences after being permanently banned—this is not entirely unfair. In the face of rules, no one is special.
The key is that users need to understand: account security and compliance bottom lines are non-negotiable. When choosing an exchange, you must accept its risk control standards.