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Topic: Has the purposed of kyc been diverted? - page 6. (Read 850 times)

full member
Activity: 966
Merit: 132
July 25, 2019, 12:15:50 AM
#2
Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?

Your documents are never safe, as this is a cryptocurrency and any exchanger and project can then sell your data. I personally try to always bypass projects that require my identification, since it is not known who will own my data further.
jr. member
Activity: 113
Merit: 1
July 25, 2019, 12:09:24 AM
#1
Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?
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