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Why do we need KYC?

Updated over 3 years ago

Baji is legally obligated to verify user identity, age, location, and source of funds among other categories to protect our users and platform from bad actors and fraud.

One of the major reasons for this is the need to avoid money laundering and terrorist funding. If proper KYC is not performed on contestants and participants, our platform can be used to launder money and use it for assimilating funds for dangerous organizations. Many laws are created to prevent such practices and most gaming organizers and companies must abide by it.

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