Do you like KYC exchanges?

[Ahmed Abdelfatah 8]

I trade in many sites but I don't know how to earn more than the usual 

[peace4all 46]

On 9/30/2019 at 9:39 PM, Consignee said:

Recently I have gotten some coins from bounty which I did last year. These coins are listed in two exchanges, ----- and p2pb2b. Both of the exchanges are requiring to have KYC verification before I can trade. Is this good? I don't like KYC procedure. What about you?

kYC is really boring. Sometimes they reject KYC showing a lame excuse. So, yobit platform is easy and simple to use.

[KirillRich888 19]

I don't like anything with kyc as it broke crypto main idea about anonism, that make cryptocurrency so great and different, than fiat, you really can sell them and panic, that someone will see how much you sent and to whom. Anonism is freedom.

[Moussa Djehlane 25]

I hate kyc because whatever comes minus withdraw the reward

[CoinFree 54]

On 9/30/2019 at 11:39 AM, Consignee said:

Recently I have gotten some coins from bounty which I did last year. These coins are listed in two exchanges, ----- and p2pb2b. Both of the exchanges are requiring to have KYC verification before I can trade. Is this good? I don't like KYC procedure. What about you?

Lately, identity verification has become more sophisticated on many levels, however it is still an inconvenience for users who do not wish to expose their personal data.

It is striking that some exchages even require KYC to make withdrawals or unlock withdrawal limits, although it is part of their security against possible sabotage

[alfonsoriver57 17]

In my opinion, I don't like kyc, they are very tedious, but a kyc provides a bit more security and support for an exchange and is more reliable.

[ramsar 195]

I do not prefer this method, especially for those who require many documents and photographing yourself
Currencies were invented in order to be dealt without any obstacles
Such methods do not think they are very successful and will make people less involved in them

[ljd115 11]

On 9/30/2019 at 11:39 AM, Consignee said:

Recently I have gotten some coins from bounty which I did last year. These coins are listed in two exchanges, ----- and p2pb2b. Both of the exchanges are requiring to have KYC verification before I can trade. Is this good? I don't like KYC procedure. What about you?

Good that you could. get coins by doing kyc, on the other hand, I have had a lot of inconvenience to have my identity verified, rather without luck

[Fortnite2020 49]

3 hours ago, CoinFree said:

Últimamente, la verificación de identidad se ha vuelto más sofisticada en muchos niveles, sin embargo, sigue siendo un inconveniente para los usuarios que no desean exponer sus datos personales.

Llama la atención que algunos intercambios incluso requieran que KYC realice retiros o desbloquee límites de retiro, aunque es parte de su seguridad ante posibles sabotajes

I'm with you, it happened to me that I won an aidrop on Twitter from an exchange x, I will not say the name, it turns out that to exchange, transfer or withdraw my funds to another account of the same exchange they asked for kyc, phone number, it really seemed a bit irritating not being able to withdraw or pass the earned Balance to a friend .. from that same day I stopped using it and let the 10 dollars be lost

[Fortnite2020 49]

On 28/1/2020 at 9:50, MOProgress said:

No solía intercambiar como KYC, pero actualmente, ya no me importa, si quieren la información de KYC, simplemente se la doy. A veces sirve como garantía para su cuenta de cambio. Estoy bien con eso ahora.

It is important to know who you are going to send your private data to as there is a scam exchange and if you give the kyc it would be a risk. I did kyc on a page called publipaid the page failed after a few years and who knows what they do with many people's kyc maybe they sell their databases there anyone who asks kyc I don't.

[RS1979 31]

11 hours ago, axelzaarate said:

The KYC system is a double-edged sword, I feel that you have security when the page asks you for the KYC verification, because it means that it has data from all users and makes it more serious, but at the same time it is bad that they have your data , if the payment becomes a scam, you can do anything with your data

Thats also my worry, so many exchanges get hacked. Also ID fraud is more and more common so b careful. Best to use non KYC exchange if possible ie Yobit, and some DEX's, ones that r established.

[Hasan211 65]

KYC (Know Your Customer) guidelines are a prominent feature in financial systems. KYC is part of the wider Anti-Money Laundering (AML) policies that reduce the risks in financial transactions. KYC refers to the process of verifying the identities of the individuals using a service, and in most countries, it involves providing some identification documents.

[Juukleng 9]

If Kyc mandatory for withdraw high more 2 -3 btc is no problem

But some exchange needed Kyc for withdraw small balance 10$  ,,

With reason security, 

I think it is annoying regulatory , 

[Yosselinscorp 13]

On 9/30/2019 at 10:39 AM, Consignee said:

Recently I have gotten some coins from bounty which I did last year. These coins are listed in two exchanges, ----- and p2pb2b. Both of the exchanges are requiring to have KYC verification before I can trade. Is this good? I don't like KYC procedure. What about you?

For the security of the account and if you need to make transactions of large amounts, the kyc would be good, I think it should be, it depends on what the client wants to do

[aaayyy6 7]

KYC is in some cases good, because it cuts off unscrupulous users (abusers). but I don't like it when some unknown platform that just appeared requires KYC from you.

[xatxorr 42]

no one seems to like the "know your client" procedure) after all, cryptanarchists want more anonymity.  "it's for your safety," they say ... well, there's really no one to blame.  I don't really want my data to fall into the hands of third parties, we can only hope for the reliability of the exchange, but as we know it sometimes fails: //

[gabbiano 38]

When you connect the wallet to an exchange, is it possible that the site stolen your money only with a connection with the wallet? or it cannot do it? thx for answer

[oleg5353 44]

no, there is no security if we send our KYC informations. We dont like it 

[Jexl 38]

I think they are super illogically. Cryptocurrencies were created to make anonymous payments but the exchanges makes you to do KYC because of security. 

[Mdavlat 25]

No, I don't like KYC exchanges. Many of them asks to take photo with list in hand. I never passed KYC in exchange. What about wallets, I have verfied Blockchain.

[adrift1995 38]

ni i dont like kyc exchange . because many people didnt want to reveal his identity , 

[RS1979 31]

I think they should all give choice of KYC or not. In cases of under $5k on exchanges it should not be required I think but most ask for it even for $100 or less.

[Alex_Man 68]

On 30.09.2019 at 18:39, Consignee said:

Recently I have gotten some coins from bounty which I did last year. These coins are listed in two exchanges, ----- and p2pb2b. Both of the exchanges are requiring to have KYC verification before I can trade. Is this good? I don't like KYC procedure. What about you?

Hi all

 

A lot of exchanges have a some rules of country where they work.

KYC is a possible way to stop big crimes in this platform-exchanges, if the goverement will coming with some question "What are you doing here?", they will ask that everything is clear.

That's why I didn't ignore this procedure.

 

Push ❤️, and i will too 🙂

Edited October 4, 2020 by Alex_Man

[Yogidon712 132]

To be honest not really because i don't want to give my personal information to some other exchange that i don't fully trust and understand yet therefore i prefer exchanges like yobit which don't ask for KYC and let you trade and earn without any restrictions also giving some cool features

[nametape 31]

I don't really like KYC verification on exchanges, especially on unpopular little-known exchanges, but sometimes it is really necessary and I have to put up with it