Cryptocurrency exchange Gate.io has partnered with Sumsub, a leading full-service verification platform that secures the entire user journey.
The exchange selected Sumsub for its AML, KYC, and Travel Rule verification solutions because of its high quality standards.
The partnership will allow Gate.io to improve user registration processes while ensuring AML compliance with crypto regulations in all parts of the world where the company operates, PR Newswire reported.
The cryptocurrency market is growing rapidly and attracting a huge number of new people, which has increased the need for robust KYC, AML, and anti-fraud systems.
The combination of Sumsub's advanced verification technology and Gate.io's innovative blockchain solutions will provide secure and fast onboarding for those looking to join the cryptocurrency world.
"We are thrilled to start working with Sumsub, a global leader in identity verification, anti-fraud, and compliance. Gate.io always prioritizes asset security as well as meeting regulatory requirements to best safeguard users' assets," said Han Lin, Founder and CEO of Gate Group.
"We are deeply grateful for our collaboration with Gate.io, a leading digital asset trading platform. At Sumsub, our mission is to provide cutting-edge verification solutions, and we are proud to support Gate.io in their commitment to creating a secure and seamless experience for crypto users all over the world," said Peter Sever, Co-Founder and Chief Strategy Officer of Sumsub.
Also read: Gate.io has launched a new platform in Hong Kong.
