KYC or not

[Rehaan 380]

Well I do consistently keep away from kyc required stages, well in crypto this isn't actually required by any means. kyc stages or trades there is a chance of them forcing your entire individual plan in the public local area. I think KYC is truly simply required if your doing a major exchanges..

[Mousa 758]

I have never done kyc before and I don't know how valuable it is to be use I normally hear about the kyc in different places but I don't think I need it as I know that crypto talk currency has never introduced anything vin that nature to it members of the crypto talk currency platform

[Jessica7 1132]

As for me, I do not know about this topic, but in general I do not enter suspicious sites. I work only in legitimate and trusted sites such as this forum, which is considered one of the largest reliable and safe platforms.

[Xantosis 426]

I am not in support about this procedure, using KYC exchanges break the primary goal of creating a cryptocurrency, this is anonymity. it is clear that here the state plays a role and not a small one, but nevertheless personal data on the network have not led to anything good so far.

[Lewis01 136]

On 4/10/2021 at 4:24 PM, Dormilon said:

That's right, those sites that request kyc for an airdrop or bounty are a scam, over time you end up with coins that are worth nothing and you cannot withdraw or you can only use it to pay fees on the same site, they only look for the data of the People, that gives them a lot of money selling them to companies so that later they send us spam emails offering any product, even trying to hack our computers.

@Dormilon I have no problems in doing kyc in a legitimate exchange, as long as I know that I am going to trade there, but in bounties I do not do them, it seems to me that if an exchange wants my data that it begins its operations first and then it can obtain them, not before , because it lends itself to suspicious things, but if they ask me for kyc,
I always do them on famous exchanges.

[Wael154 1134]

Cryptocurrency transactions must be anonymous and unavailable for tracking. But since regulators are preoccupied with the problem of cybercrime, it is just the anonymity that causes them intolerable migraines. That is why now the need to undergo verification on cryptocurrency exchanges is becoming increasingly common. 

[White3319 463]

As for me, I want to register on decentralized platforms as it allows us to have greater privacy, because the cryptocurrencies that we deal with in the original are decentralized currencies, but if you want to register on platforms that require authentication, you must ensure their credibility first so that your personal data is not stolen.

[علي سليمان 1071]

I have not yet dealt with this platform. Know your customer. I have no idea about this. So I will observe other people's comments and gain some knowledge.

[lubinshah 562]

Depends on the platforms asking for it and how it will ne use for their companies. If it's trusted exchanges sites such as coinbase, binance, or blockchain itself then I could finally give my kyc to it without worrying about my identity being compromised. 

[Saberali 530]

No to KYC, just another way for institutions to spy on you, if you value your privacy staying away from KYC exchanges is the best thing to do, more and more decentralize exchanges are coming into the crypto market soon nobody will trade on centralize exchanges ending KYC.

[kion 381]

As for me, personally I have not yet partake in any bounties or any registration that requires me to do KYC registration, but I think that I will try to avoid it because I have read lots of people kicking against it.

[Vola1s 727]

Yes, of course I avoid KYC especially just for the sake of bounty, for the sake of security I never give KYC to bounties or airdrops because our data security is no longer safe if I submit it. The only thing that keeps our data safe is not following a bounty that requires KYC. There are still many bounties that don't need KYC. Be careful if you wish to participate in any prizes.

[Ameralsamt 2558]

Dear of course I am with this wonderful idea that KYC is very good for all of us greatly benefiting us in our work in encryption and cryptocurrencies, so we must support it, thank you for this wonderful and useful participation. 

[ItxAiza 222]

On 10/18/2019 at 11:08 PM, Glossy said:

Do you guys usually avoid doing KYC when registering on exchanges and doing bounties?

To be frank I do not like doing KYC at all and never did it.

I wonder what are your thoughts on this issue.

The choice is yours that you want the kyc or not. I want to tell you that I do not like the kyc websites or exchanges. Because I am always in a fear that if I provide them my identity then it will create a problem for me in future. There are lot of reasons that I do not allow other users to certify the kyc.

[Maria karam 667]

I also do not like to do KYC when registering in the sites or bounties, because I resorted to cryptocurrencies due to the great privacy available and the lack of the need to share private data.

[Jami ss 843]

My dear friend I want to tell you that you should too get the knowledge about the kyc because know about your customer is very valuable in the business field otherwise you are not able to provide the good services to your customers

[sally.azzam 313]

I can not stand Kyc at all, especially since my country does not support working on some sites and platforms, which poses great and annoying restrictions to me, so I look for platforms that do not require Kyc to work on them

[james653 981]

The world of cryptocurrencies is full of risks and fraudsters so we must be careful.  You should not follow the KYC policy as doing so would put our personal data at risk.  I advise everyone not to give any personal information to any party, whatever the reasons, to avoid falling into risks.

[Jamii 608]

O don't want to use this type of sites which require to me my KYC.  So we can take example of cryptotalk that required KYC no. So why other want to get KYC.  So if they want to give benefits then they can provides without KYC.  So wouldn't prefer to use those sites which want to get your identification like KYC.  So I'm here and so happy that is unique forum and no one like this . So make right things on this and we can earn more with out KYC.  We can start trading in cryptocurrency,which don't want to get KYC. 

[Alix188 585]

I never like to use KYC authentication because it requires a lot of personal information, and if the platform is hacked, our data will be leaked, and this may cause us legal problems.

[lubinshah 562]

Depends on the platforms asking for it and how it will ne use for their companies. If it's trusted exchanges sites such as coinbase, binance, or blockchain itself then I could finally give my kyc to it without worrying about my identity being compromised. 

[Saberali 530]

No to KYC, just another way for institutions to spy on you, if you value your privacy staying away from KYC exchanges is the best thing to do, more and more decentralize exchanges are coming into the crypto market soon nobody will trade on centralize exchanges ending KYC.

[Alish198562 436]

I do not like using Know Your Customer because it requires personal information and may exploit it in illegal things if the site is not trusted, but if it is signed securely, there is no problem in using Know Your Customer.

[Mira1992 314]

As for me, I never like to use KYC when registering on exchanges or any other website, and I love dealing in cryptocurrencies because of the great degree of privacy that it provides to us.

[Meer Hamza 409]

We are free to avoid KYC or accept KYC, and we can search for the website or services that don't require completing the KYC. By using the cryptocurrency, we can always protect our document by not sending to the other third party because once we send that document, we don't know what they will use. We cannot protect our identity from the illegal things that can happen. But if you trust the services, you can complete the KYC, so you obey the rule because you don't want to break the rules. I am sure that we can search the websites which are free from KYC.