KYC is not required on Hotbit when you register, trade and withdraw. Users need to save their own 2FA code. Hotbit has a strict risk control system to ensure the security of all user's assets in the platform. If the system verifies that a user has triggered a higher risk control system, Hotbit has the right to ask the user to provide KYC to ensure the security of all user's funds in the platform. Therefore, you will need to provide KYC in the following situations:
1. Applying for resetting Google Authenticator Verification, SMS Verification and changing Email Verification
The user who submitted the application needs to provide the corresponding KYC and other information according to Hotbit's resetting and changing requirements to complete the reset application.
2. Trigger Risk Control System
Hotbit will strictly protect user's KYC data and will not use it for any other purpose.