All these exchanges have gone crazy. Itbit and Coinbase as well. They want to make sure you are using the platform to trade and not simply use to cash out coins or something else: in other words, they want to make money for any trades you do. If you answer the wrong thing they will kick your account off their platform. Again, they've gone postal.
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This is certainly what I'm thinking... they want to get their pound of flesh, in terms of trading fees. Someone using their exchange to simply exchange crypto to fiat and vice versa is probably seen as more of an inconvenience than a customer.