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Homeweb3.0Can the Ouyiokex real-name authentication be lifted?

Answer: Ouyiokex real-name authentication cannot be canceled. In order to comply with regulatory regulations, protect user funds and comply with the law, Ouyiokex requires users to permanently store their identity information after real-name authentication, unless the user provides convincing evidence that their identity has been compromised.

Can the Ouyiokex real-name authentication be lifted?

Can the Ouyiokex real-name authentication be lifted?

Answer: No

Detailed explanation:

okex is a regulated exchange and requires users to perform real-name authentication in order to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Once the user completes the real-name authentication, his/her identity information will be permanently saved and cannot be deactivated.

Reason:

  • Regulatory Compliance: AML/KYC regulations are designed to prevent money laundering and terrorist financing and require exchanges to verify the identity of users.
  • Protect user funds: Real-name authentication helps prevent fraud and theft and protect user funds.
  • Comply with the law: In many countries, cryptocurrency exchanges need to comply with local laws, including KYC requirements.

Exceptions:

In rare cases, Ouyiokex may cancel the user's real-name authentication, but this situation is extremely rare. Exchanges will only consider decertification if a user provides compelling evidence that their identity has been stolen or compromised.

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