CryptoKnight
Thu Aug 29 2024
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6 answers
1302
Why do crypto exchanges treat accounts with suspicion?
I've noticed that cryptocurrency exchanges often treat user accounts with a fair bit of suspicion. Could you help me understand why this is the case? Is it because of the inherent anonymity of cryptocurrency transactions, or are there other factors at play? Additionally, what kind of measures do exchanges typically take to verify the identities of their users and ensure the legitimacy of their activities? It would be great if you could provide some insight into this topic.
