What are the legal requirements for buying cryptocurrencies in China?
Mariana NascimentoJan 01, 2025 · a year ago1 answers
What are the legal requirements that need to be fulfilled when purchasing cryptocurrencies in China? Are there any specific regulations or restrictions that individuals need to be aware of?
1 answers
- pbezzy2020Sep 02, 2021 · 4 years agoAs a leading cryptocurrency exchange, BYDFi is committed to complying with all legal requirements for buying cryptocurrencies in China. We prioritize the safety and security of our users' funds and strictly adhere to the regulatory framework set by the government. When purchasing cryptocurrencies on BYDFi, users can be assured that they are operating within the legal boundaries. We have implemented robust KYC procedures to verify the identity of our users and prevent any illicit activities. Our platform is designed to provide a seamless and secure trading experience while ensuring compliance with the legal requirements in China.
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