The pain points of traditional trading, solved by Hana!
In centralized exchanges (CEX), KYC is almost a necessity. Uploading ID cards, proof of address, and even video verification is not only cumbersome but also deters many users. Especially in emerging markets:
※ Not everyone has compliant identification documents
※ Poor network and information security environment raises concerns about data leakage when uploading materials
※ In some countries, users may be restricted even if they want to use Binance or Bybit
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What sets Hana apart
Hana chooses to integrate with Hyperliquid, directly eliminating the KYC barrier:
※ Users only need a wallet, no ID documents required, to start trading and experience liquidity
※ Lower trial and error costs: Small-scale participation no longer requires identity disclosure, making it easier to attract newcomers to try
※ Privacy-friendly: Extremely appealing to groups that value anonymity (crypto natives, people in heavily regulated areas)
This KYC-free model essentially allows anyone to open their phone → deposit → trade, as naturally as using an entertainment app~
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Strategic value
※ User base: Lowering the KYC threshold brings a larger potential incremental market
※ Differentiation: This is a model that CEX cannot adopt on a large scale, making Hana's positioning more prominent
※ Long-term value: Once users get used to the mobile experience without KYC, user stickiness will be very high
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Summary
Because of KYC, a large number of potential trading users are kept out. Not requiring KYC is not just convenient; it is also Hana's moat. It allows those overlooked by traditional trading models to finally enter the crypto world easily! With the largest DEX as the main player, Hyperliquid is the best proof? By the way, I’ve unknowingly written for two months, over 60 articles, will there be great rewards?
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