They need KYC to verify us, how can we verify them too?

[Maryam01 413]

Yeah It's a great suggestion and it contributes to curbing crypto frauds, if Coingecko or Coinmarketcap collects investment sites, airdrops and other crypto sites to make sure they are safe or not, I personally do not prefer doing KYC especially if the site is not trusted with it.

[Hasan386 1066]

Thank you for this valuable participation, my dear friend, everyone of us fears for his accounts and money from fraud and theft and strives to find any way to protect his money, but the problem is that these fraudsters always have new means of theft

[Shurerym 210]

This is real a good idea because there are many sites that requires KYC now. adays, most of those sites are hard to complete their KYC. Also scam sites are now requiring KYC so i believe a website to review them would help to discover legit and fake KYC projects.

[sara97 274]

In fact, there is a site, I read about, that directs you to all the fraudulent sites, try to search for it, before you subscribe to any other site that you do not know.

[Nnnbht 502]

It really matters to me because I register on many sites that request the Know Your Client without knowing if these sites are legitimate or not, as my personal data may be stolen.

[dfutlec 131]

Anything that has to do with online business then all we can do as members is just to do our own research then ask people who are more experienced to help us know more on the steps that we are supposed to take

[The Game 2059]

On 6/4/2020 at 12:14 PM, Jaysen0104 said:

It is also a big question to me because how can we easily identify if the site we are engaging is legit specially if they are requiring us to provide KYC. The information about us is very important as well as our ID. So for i never trusted any KYC because i am afraid from Identity theft.

Well said and to be honest we are on the same track because most of these site always sell our identity online and it always involved a third party agent which is why I don't believe in these site that requires kyc.

[Kialiyu 535]

You are right dear, every platform has very strong verification procedure to examine you are not bot and you mean business, so we also have to ask for something from those sites, but how,  I think the we need to make research about the site we want operate because this is the only way to check that.

[Powell 572]

This is a very important point you have raised because the sites will are involved verify us, and we don't have any way to verify then, so I think that the only verification we will conduct for then is to make appropriate research about any sites before in invest in them.

[Kiondadu 191]

Yes this  is true, there is higher verification procedure before we access the sites we want, so from my own view, I think that the only way to verify those platforms is by making appropriate research from the first place before going into, thanks. 

[Enas 245]

I do not trust websites and I do not give any personal information easily because I hear a lot about fraud stories, especially if the person does not have a lot of information to deal with these stories, so I stay away from giving my information without knowing or hearing about the previous experiences of my friends.

[moathjazare 103]

This is the biased nature of online trading. I think cryptocurrency platforms should have a level of trust and reputation for asking KYC from their users. All we can do as members is just do our own research and then ask the most experienced people to help us learn more about the steps we are supposed to take, but I am.  I try to be safe my own way, and by using only trusted exchanges