What do you prefer? Trading anonymously or using a verified account

[nicolas1234789 2566]

Verification is using to get real data about real users, avoid scammer and increase quality withdraw process. People have different reason about this but I'm sure verified is better than anonymously, not because safety but to make sure about safety.

[Akbor 1042]

1 hour ago, Sagor said:

To me using a verified account is a good way for doing trading as if any time any issue occured with the account then it can be easily recovered without any problem.

I like both trading with verified account is much secured I think. you are right that if any time any one lost his key than he can easily recover his account.

[guatazoo 7150]

1 hour ago, Sagor said:

To me using a verified account is a good way for doing trading as if any time any issue occured with the account then it can be easily recovered without any problem.

That is what they like you to think, that with regulations and KYC verification, your account can easily be recovered, but that is not true, to recover your account you only need your email address.

[McCree 713]

If you're trading anonymously to avoid taxes, that's most likely not going to work. Even McAfee is hiding out because it turns out he can't trade anything without the government finding out.

[Kenan mehoub 540]

I do not find a problem in creating anonymous accounts, this is a matter for us and I think it is better for us to move away from government taxes in some areas so let this field be free and work with it freely and without restriction

[SuperCrypto 7193]

8 hours ago, louiponbu said:

I even have a showed account on Binance and Kucoin and trade commonly on those trades. I too exchange on other trades (namelessly) it relies upon on the money I want to purchase

Anonymity is one of the main features of Bitcoin. The world's first cryptocurrency provides the ability to replace traditional financial institutions without the need for intermediaries or identification. The vision of Nakamoto was fulfilled, but he began to lose momentum. Due to lack of confidence in government institutions and experts, the adoption of cryptocurrencies has been curbed, so industry leaders must make decisions.

[dinabolt 514]

I will choose anonymously, first reason I don't trust anything/ anyone to keep my data. Second reason is I'm bounty hunter and only get low income with new coins. I only need one transaction not many, so why I need verified my account if just used one time?

[MCSGlegend 2210]

I prefer to trade anonymously because I don't see the point of a verified account because I don't need it, I'm not yet a millionaire to trade thousands of dollars every day.

[Daveyoung182 389]

Good morning mate,For me i would choose using a verified account because it is way more safer but trading anonymously has its benefits too like keeping your privacy,it depends mate.Happy posting.

[Kauvincx 18]

On 10/13/2019 at 5:52 PM, bobjoemega said:

      In my opinion, I think trading with a verified account is safer, because you can easily control your account if you have any problem, and also if you are a good member, you will use this type of account because you have nothing to hide
But with an anonymous account, you seem to be already a criminal, because you have something to hide from a lot of money coming from anywhere or hiding it in a wallet or exchange.
However, you'll say it's my money and I don't want anyone to know how to own it but you live with us, so pay your bills to the government so they can keep you safe at home when you are sleeping or doing your naturel-thing.

 

So what do you think of what I'm saying on this subject, are you ok with me?

I'm paying my bills to a government that had suddenly decided to ban crypto payments in the country for some unintelligent reason. Also, I've seen several governments issuing a warning to local investors to trade cryptocurrency 'at their own risk'. So I don't see how that statement makes sense to a majority of citizens in this globalized world.

[teminalibug 309]

59 minutes ago, RawatMonika said:

The benefit of a checked record is that any issue you have, in help you will have quick consideration, 1 year prior I had an issue and my record was not confirmed in Binance, after I announced my concern they revealed to me that they ought to confirm me since they didn't focus on unconfirmed clients.

But if they did not have a KYC at the first place they would have cared about your issue.

[talo122 735]

It doesnt matter that much, if you do KYC or not, some people dont like to share their in formations in the web, but KYC is important to the brokers or exchanges you work with. 

[aqua 773]

Maybe we can choose to both trading anonymous and using a verified account because sometimes, one coin is not listed on the decentralized exchange and it is listed on the centralized exchanges so if we have both exchanges, and we will have a chance to sell the coins especially if we see that the coin price increase so high. I think having two accounts in every exchange will give us the opportunity to sell the coin immediately, especially if the price can jump in the next minute. We might be able to make a big profit if we can have many accounts in the anonymous exchange and the verified exchange.

[Investors Blog 385]

On 10/14/2019 at 5:52 AM, bobjoemega said:

      In my opinion, I think trading with a verified account is safer, because you can easily control your account if you have any problem, and also if you are a good member, you will use this type of account because you have nothing to hide
But with an anonymous account, you seem to be already a criminal, because you have something to hide from a lot of money coming from anywhere or hiding it in a wallet or exchange.
However, you'll say it's my money and I don't want anyone to know how to own it but you live with us, so pay your bills to the government so they can keep you safe at home when you are sleeping or doing your naturel-thing.

 

So what do you think of what I'm saying on this subject, are you ok with me?

Having a KYC verified account is not entirely safer since your identity can be sold and can be use in any crime without your knowledge. As for account recovery that's why we have an email address to prove our account ownership and also the same reason why we use cryptocurrency for more private online transaction.

[Zeyazan 204]

Hello friend... As for your question... 

Surely everyone would prefer confirmed accounts.It's a guarantee for your money.It allows you to restore your account in the event of a technical glitch

[Brushless4500KV 4214]

On 10/14/2019 at 1:22 AM, bobjoemega said:

      In my opinion, I think trading with a verified account is safer, because you can easily control your account if you have any problem, and also if you are a good member, you will use this type of account because you have nothing to hide
But with an anonymous account, you seem to be already a criminal, because you have something to hide from a lot of money coming from anywhere or hiding it in a wallet or exchange

So what do you think of what I'm saying on this subject, are you ok with me?

What matters most for me is the amount of profit I make in my trades. Trading anonymously doesn't necessarily mean you are a scammer or criminal because some people may prefer not to reveal their personal information to the public. Everyone has the right to protect his/her privacy.

However, if verification helps to increase my security I choose to trade with a verified account but otherwise I prefer trading without giving my full details.

Edited January 25, 2020 by Brushless4500KV

[febriyana 934]

If trading anonymously is possible, i will sure choose it. But most exchanges now is have requirement to the user verify their account. I mostly trading on Binance, i like that exchanges not really force their user to verify their account. But still we need give them our some personal data like email and phone number.

[duncun007 3577]

On 1/20/2020 at 8:39 AM, Zervanix said:

I prefer anonymous trading because at the moment there are many exchanges that lead to scams so I doubt if I do kyc whether my data is really safe or not

i think the safety issue is why so many traders are reluctant to actually go through any kyc, because even the biggest exchanges could be hacked so there is no safe exchange.

[Imaankhan 208]

On 10/14/2019 at 8:47 AM, Bills said:

The advantage of a verified account is that any problem you have, in support you will have fast attention, 1 year ago I had a problem and my account was not verified in Binance, after I reported my problem they told me that they should verify me because they did not pay attention to unverified users.

Yes i think your point is absolutely correct it is for sure safer to have a verified account as you can claim easily if you get into trouble.

[Nezar 7169]

The best trading is with a verified account, because as you mentioned, it will be safer and more stable

[McCree 713]

I would trade with a verified account if I wanted to transfer my balance of bitcoin to a bank or credit card, because those are things that strictly require KYC in order for the government not to be suspicious of you.

[Nakamoto 279]

5 hours ago, McCree said:

I would trade with a verified account if I wanted to transfer my balance of bitcoin to a bank or credit card, because those are things that strictly require KYC in order for the government not to be suspicious of you.

Almost all exchange now has strict regulations. They will not serve large transactions without knowing the owner of the transaction. I don't mind this. You can still make large transactions without verification by trading p2p.

 

[ETheHedgehog 3104]

I prefer to use anonymous information on the internet whenever it's not 100% safe, you never know what might happen

[ram007 391]

ofcourse i prefer to trade using veeified account because it is not prone to stealing of funds,having verified accounts cannot access by whoever.so atleast it can be safe.

[MOProgress 363]

I like trading without being verified, but if it turns out that I must have a verified account to trade, I will have no other option that to submit my KYC information for verification. Sometimes it is good to have a verified exchange account, because it helps in some level of protection.