06. Why do I have to verify my identity?
NDAX maintains strict Know Your Client (KYC) processes as required under legislation and in alignment with industry best practices.
This not only helps NDAX stay in compliance with the regulations under Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (FINTRAC) and Autorité des marchés financiers (AMF) but also helps keep our platform secure.
If you have any questions about our verification process, please contact firstname.lastname@example.org.