Because they just asked us to submit kyc for security purposes.
However, if possible, I will try to avoid using KYC. There are many risks involved in submitting your personal information to KYC
Topic: Do you join ICOs that requires KYC? - page 17. (Read 4513 times)
Well, I look first at the project if it is well designed and made of high quality then of course I participate in it and I will not be difficult to pass KYC!
The recent project that I have come across is that od agro-tech it is still into initial coin offering phase but the concept of its inc really futuristic and interesting, within a few years it will also collaborate with Elon Musk and NASA so also reliable
Many good projects require KYC. Yes, it's a risk, but without risk and it's impossible to make money.
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Would anyone be able to name me an ICO which gave great benefits for its financial specialists and didn't require to pass KYC? I don't surmise that there's such ICOs. All great ICOs have KYC and on the off chance that you need to acquire cash you need to pass it in any case. In spite of the fact that I see every one of the dangers however I truly must choose between limited options.
Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.
I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.
I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?
if you are going to participate on any ico's I think they really required investors to do kyc, because there are some countries that prohibits investors from a certain countries. but if you are just a bounty hunter, I dont think you need to do it, especially on airdrops. I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.
I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?
yes, am join, I absolutely do not mind the procedure KYC.
and I consider such projects more serious than without KYC
and I consider such projects more serious than without KYC
Most ICOs right now require KYC because its regulation. Many ICOs restricted several country because ICOs team do not want break the rules. I think KYC is good because they following regulation and avoid us from scam ICOs
Well, there has been a lot of criticism in the recent past over the need of KYC for joining an ICO, to some point i dont see the necessity either as so long as a business transaction is complete there is nothing to be lost or gained so long as both parties are satisfied with the dealings, i however dont have a problem with KYCs either Just that it turns to be exposing too much Information in cases where ICOs turn out to be scams
I joined in that requires KYC. I did not completed the process because I don't want to give my full private information. Cryptocurrency is to keep your privacy as investor and customer, and ye they are getting your info.
Ue si do join icos that requires kyc
I don't think KYC is a thing to be afraid of, I don't know why people kyc against, I don't have anything to hide.
From the ICOs that I have joined there are only 2 that required me to submit kyc. Though at this time i am not really in favor of submitting kyc because I think this had a potential risk of data breach. The cyber space is really not a good medium to stock all those pertinent information of their clients. For now, if that ico requires kyc, i guess I will not be joining anymore.
I never submit KYC for airdrops because this is very dangerous. I dont know why they want thier airdrop participants to submit kyc first before to recieve small amount of token. Submitting KYC for good ICO's is good there is nothing wrong about that because they are only verifying buyers identity and residency because there are some countries that are prohibited to join ICO's but for airdrops, no reason to submit KYC.
I think pretty much all ICO now require you to complete a KYC so if you want to participate at that stage of a token's life then you have no other choice. The majority of exchanges are also KYC compliant so you can really count the crypto-anonymous days as over.
I do invest in ICOs that requires kyc because it means nothing to me it's nust for the platform to know their customer but i don't participate in airdrops that requires kyc because i believe it's a giveaway money and kyc should not be asked for.
I do not find any harm in submitting KYC for an ICO. You'll have to do a background check of the team, their goal and whatever you feel should be checked before entering an ICO.
If the company is genuine and ask for KYC, then there is nothing wrong about it. I myself will be launching an ICO to raise the funds for my upcoming cryptocurrency exchange platform. The ICO will most probably go for sale in the next 3-5 months. You can visit the website for more details:
http://encrybit.io
If the company is genuine and ask for KYC, then there is nothing wrong about it. I myself will be launching an ICO to raise the funds for my upcoming cryptocurrency exchange platform. The ICO will most probably go for sale in the next 3-5 months. You can visit the website for more details:
http://encrybit.io
As we as a whole know digital currencies are unknown so KYC ought not be required coherently. Be that as it may, on the off chance that I see venture is veritable appears to be encouraging then it doesn't make a difference to me to give my KYC in light of the fact that some ICOs keeps up every one of the financial specialists KYC then again numerous con artists are dynamic so one ought to be extremely watchful giving it's KYC and I am not in support to give my KYC for airdrops.
I don't think KYC will be an issue with ICO's. I think it should be required in any ICO so they will know who they're investors are. It also makes it more professional if there's KYC. The only disadvantage of KYC is that it makes the process longer since the verification is needed for thousands of investors. Usually take a lot of time before everyone involved on the ICO is verified.
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