I had similar questions when I saw that description and tried to figure out what stands behind it. From what I read, the platform works in a non-custodial way, so there is no need for traditional account storage of funds. Access is tied more to your own wallet rather than a centralized system. That is why verification steps like KYC are not mentioned there. It also explains why there are no geographic limits built into the process. I found these points described here https://bitsgap.com/blog/trade-evedex-futures-on-bitsgap-a-new-era-of-decentralized-trading-2 and it helped connect the idea together. It feels different, but the logic becomes clearer once you look at it from that angle.