Bitcoin address using KYC verification

[nicolas1234789 2566]

After make reply into another member there's question in my mind. If someday to make bitcoin address need KYC for verification, will you doing that? Not everyone agree with KYC program and some of them has difficult situation with their legal document. Any opinion please?

Edited January 8, 2020 by nicolas1234789
wrong word

[miskyming 1588]

No.. there is no KYC in bitcoin, but if you register in exchange that has required KYC to withdraw your bitcoin, then you will submit the KYC.. I don't like an exchange that has required KYC because it is risky.. what if they use our information to scam people, so it is no for me.

[Satishmolankar 1703]

Because of this situation we have to do kyc process for withdraw because there will be no option to withdraw Bitcoins but in kyc many problems are there many don't have proper ID or documents for verification 

[Rahul21 626]

Currently we do not need to use any KYC in Bitcoin withdrawal.  So if we withdraw bitcoin using KYC, we can withdraw it as a proof.  That would make a good case, and KYC, I think, would be good for Bitcoin if we could use it properly.

[BTC Future 3946]

There is no KYC needed to enter Bitcoin. Satoshi wanted as much privacy as possible and I remember how he wanted Tor users to be able to mine. There won't be any identity needed for bitcoin, but you will need in order to sell and sent to your bank. To sent to bank you already have sent your real name and ID won't make a difference.

[Win 1015]

1 hour ago, nicolas1234789 said:

After make reply into another member there's question in my mind. If someday to make bitcoin address need KYC for verification, will you doing that? Not everyone agree with KYC program and some of them has difficult situation with their legal document. Any opinion please?

If that will require for me as my personal opinion i dont really like becouse we are in an online and stoling data are so much scary for me thats why if they insist it idont really like it.

1 hour ago, tarekmoin said:

I not like kyc verification but I like 2f security because It's help our wallet security. I think most of the site should apply this method.

Even though me really hate kyc (know youre costumer verification)becouse i always scared of my account tobe stole by someone if the app or site will hacked.2fa is good

[Zues 1069]

Kyc is one of the most verification needed to make sure the person is legit and real to avoid scamming and also lose of information and data. 

[Soaib khan 1035]

no kyc not needed to use bitcoin only some exchanges asking kyc if you converting to flat currency maybe in future kyc become necessary

[Naga 1250]

1 hour ago, nicolas1234789 said:

After make reply into another member there's question in my mind. If someday to make bitcoin address need KYC for verification, will you doing that? Not everyone agree with KYC program and some of them has difficult situation with their legal document. Any opinion please?

bitcoin address where exactly? because if its still on an exchange then there is no need for kyc for my wallet because i dont own that wallet, but if its a private key and a wallet separated from exchange then yes.

[pkrs 603]

Yes there is  no need for KYC to use bitcoin if it is in small quantities and many exchanges don't ask for Kyc in small transactions if your utilization of bitcoin usage or storage is more then go for an reputed exchange like blockchain coinbase and complete your Kyc as these exchanges help your bitcoin storage safe from hackers.

[gigabyteRTX 1583]

Well, I'm againts in KYC in the first place, the one reason I like using cryptocurrency because its untrackable and our identity cant be shown and leaked, but I'm not judging the programs that offer KYC some just want to make the users account to be secured, and if there are means of mistaks it can be fixed, but many abuse KYC and use it to hack users that's why I don't want KYC at all.

[Ahmedabdallah12 169]

I won't do that kyc because it's my privacy and no one control btc then noone should take my data

[patitaycute 648]

I am not agree to KYC verification because you kust provide basic information like name, address and picture of you so I conclude that it is not the purpose of Bitcoin to be anonymous to public.

[Migo 7946]

If it was secure and private then I don't have any problem with this system, because I'm one of the people who doesn't like KYC verification because my documents are belongs to me and only me, and we need some privacy to accept this verification 

[bliznec 22267]

Definitely, passing KYC interferes with many, but this is necessary, because security is first and foremost. There are other tracking items, these are social networks. 

[Rudro88 371]

Currently we do not actually send Bitcoin through KYC verification, however, I think that in the case of Bitcoin, KYC verification is very important.  In this we can be aware of a fact of Bitcoin withdrawal, we can understand whether the transaction was actually correct.

[Roomi 1119]

10 hours ago, nicolas1234789 said:

After make reply into another member there's question in my mind. If someday to make bitcoin address need KYC for verification, will you doing that? Not everyone agree with KYC program and some of them has difficult situation with their legal document. Any opinion please?

It could not be assumed. As bitcoin is open and free network with decentralized system. Kyc is quite annoying. I really hate kyc. Of it imposed to bitcoin i will leave using.

[bentayebsalah 2280]

I do not think it is an ideal solution to eliminate the problem of anonymous identities of Bitcoin wallets and their addresses because there will always be secret wallets and do not deal with KYC

[Yanadia 1517]

I don't like KYC for me it's troublesome.  And I think Sathosi Nakamoto made Bitcoin because of this very disturbing thing.  Its my money why should I make a picture to takw my own money.If the reason for protection there are still many other ways without having to KYC

[Sumayya 493]

If that happen, we will have to make it and do the KYC, and also it will be a difficult process for all bitcoin users

[MCSGlegend 2210]

I think that I will not do identification under any pretext, because the main advantage of the cryptocurrency is its anonymity, then it will not make sense, it will be the same currency only more expensive than the dollar or Euro (and it is not a fact that it will not become cheaper after the introduction of mandatory kYC for wallets)

[Great Commander 659]

Trusted platforms requires kyc for each user for security purposes for both of the company and the client it's like bank but with no documents involve. 

[Afrizal rahman 2636]

I don't think Bitcoin will use KYC. Because I worry a lot about using KYC, because our personal data can be misused by certain individuals. Sometimes there are exchange places that require KYC, but I'm not interested in that.

[phpMailz 568]

I don't believe in KYC verification, if all bitcoin address must be have a KYC verification I will leave bitcoin cause it would no longer be a cryptocurrency anymore, so it will be of no interest to me.

[Usman Abdulmumin 354]

On 1/8/2020 at 8:35 AM, nicolas1234789 said:

After make reply into another member there's question in my mind. If someday to make bitcoin address need KYC for verification, will you doing that? Not everyone agree with KYC program and some of them has difficult situation with their legal document. Any opinion please?

I normally don't like some exchange that have difficult situation in terms of k y c verification. I verified my blockchain with personal Identity i was lucky they accept it.