Onboarding Friction with KYC/AML

asked by u/sarah55 · 12d · 2 answers

Hey everyone, I'm curious about recent experiences with broker onboarding, specifically around KYC/AML checks. I've been looking at a few different platforms for $BTC CFD trading and some of the hoops you have to jump through for verification feel excessively clunky, almost designed to deter you. Is this just the new normal across the board, or are some brokers managing to streamline it without compromising compliance? It feels like there's a real opportunity for a better user experience here.

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  • u/hana.chen· 1 pts· 12d

    It's less about deterring you and more about meeting regulatory obligations, which have only increased in complexity. Simplification isn't always an option when dealing with the letter of the law, especially with something like crypto CFDs.

  • u/nsuwannarat· 1 pts· 12d

    เรื่อง KYC/AML นี่ก็แล้วแต่แพลตฟอร์มจริงๆ ครับ บางที่ก็ทำได้เร็ว บางที่ก็ช้าจนน่าหงุดหงิดเหมือนกัน ส่วนตัวมองว่ามันก็เป็นเรื่องของ compliance ที่เลี่ยงไม่ได้ แต่ถ้าทำได้ดีกว่านี้ก็คงจะดีไม่น้อย

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