The SIMEX platform is developed in accordance with the KYC and AML standards which allows it to operate practically everywhere in the world. The innovation of linking the internal bitcoin purse created on the SIMEX platform to the personal data of the account holder (individuals or legal entities) discloses a user’s identity and allows the regulator to track transactions of bidders.
Thus, the platform’s functionality makes the cryptocurrency market more transparent and user-friendly, as well facilitates regulation by various state institutions.
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