Do I need KYC on DigiFinex?

Hello there, I'm curious about the regulations surrounding cryptocurrency exchanges, particularly DigiFinex. I've been hearing a lot about KYC, or Know Your Customer, processes being implemented on these platforms. Can you clarify whether DigiFinex requires KYC for its users? If so, what kind of information do they typically require? And what are the benefits and drawbacks of undergoing KYC on DigiFinex? Thanks in advance for your insight!