İs this project need KYC. İt look like good project ı want to join. And Sorry ı couldnt check all comments
Yes, KYC will be required.Who is doing KYC,you hired someone to do it for you,or you are doing it internally?
KYC Policy consists of know your customer procedures where we require a proof of ID (i.e passport) and proof of residence (I.e utility bill) mainly to prove who you say you are. In addition, a screening is done to validate authenticity of the documents while running them through our database to screen for any unwanted associations such as money laundering activities which could be linked to drugs or terrorism financing.
This usually occurs when US dollars or euros deposits and withdrawals are involved.
As of now, we are finalizing cryptosouk’s kyc policies as regulation and access to information continue to evolve and as such logic needs to be applied to balance rules and reality.
So you didn't gather a team for KYC yet?
I believe that the core team has its own team for KYC, internally. The teams localized knowledge of KYC/AML relevant documentation will play a key role in providing a unique and friction-less user experience.
Best Regards,
MaZeeCM
How can we be sure that our personal info will be protected?
Cryptosouk team is professional and I'm sure they will protect our data as it is expected.
