Topic: IEO exchanges not required KYC - page 8. (Read 2444 times)
its best if you want to follow IEO in large markets such as OKEX, Binance, Bitmax, Kucoin. all four exchangers require KYC to participation in IEO. so you have to send an ID, anyway I think sending an ID to them is very safe because the exchanger I mentioned is very trusted.
Welcome to crypto. KYC in a centralized exchange has been a norm, this is maybe due to regulation since there are countries that are not allowed to invest in crypto currency. If you want to invest in crypto thru IEO, you have no choice but to comply. To add, some exchange requires KYC to increase the limit of your withdrawal.
I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
Yeah this is an issue for a very long time already, starting from ICO's,ITO's and now IEO's the KYC is the common problem of investors that wants a privacy with their personal details.
Right now there are very few that didn't ask for KYC if you want to participate in any IEO's that were launch by big exchanges so I guess it will be best if you can find an alternative with regards to your KYC if you like to participate in any IEO's. Like buy someone's details instead of using your own details but it is kinda tricky and not a good idea but there are others that are doing it.
It's annoying to have to give up KYC because it is confidential. But when viewed from the exchange's point of view, it is clear that they just want to know who their customers are, whether this customer will commit a crime or not like money laundering, and And also to avoid punishment from the owner of the regulation. Also, exchange reputation is also at stake there.
I think all CEX now needs KYC, whether it's for IEO or not. so one by one way might be with DEX, but I doubt there is a dex that has an IEO service. even if there is it is very risky, because in ordinary exchanges still have the potential for scams.
Due to some regulation they need to require it to customers, because there are some countries that are not allowed to participates, this also prevents some bots and fraud so KYC is important with IEO.
Sometimes, it is actually surprising, but most of them request for it, perhaps because of laws that require it. Well, I am yet to get to the root of it myself. If KYC will be an issue, then wait for it to be officially listed, which might be easier to buy, without KYC.
For the KYC process at the time of purchase at IEO, this may have to be true of data collection because the exchanger must also know who is buying it and also from any country. all information must be open and clear to the exchanger when it is needed for an audit by the authorities
Sometimes, it is actually surprising, but most of them request for it, perhaps because of laws that require it. Well, I am yet to get to the root of it myself. If KYC will be an issue, then wait for it to be officially listed, which might be easier to buy, without KYC.
Inevitably we do have to follow the rules, right? Especially if you want to effectively withdraw fiat from an exchange is by transfer through a bank. I think it is not detrimental, on the contrary, it provides security and can improve the services of the exchange which is usually related to the minimum withdrawal or transaction limits. Moreover, if there are technical problems such as forgetting passwords etc. it will be easier to manage if our account is verified.
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we should not be worry when we sending our personal data if we choose the right exchanges that have good reputation on cryptocurrency market.
That's right, for the sake of comfort and safety. Moreover, quality IEO is on a trusted exchange, so it's okay to do KYC there. we should not be worry when we sending our personal data if we choose the right exchanges that have good reputation on cryptocurrency market.
You are right. Besides, it doesn't hurt to do KYC if the exchange is trusted and compatible. KYC is one of the terms and conditions for using the services of the exchange, usually affecting the minimum limit for withdrawals. So even though there is no KYC requirement for joining IEO, you still have to do it to get maximum service from the exchange.
Sure, thats why KYC is mandatory for users. I don't recommend KYC and it's up to the exchange users but there are some features that can't be used if haven't done KYCAnd i think almost all of exchangers apply limit for withdrawal if users doesn't submit KYC
You are right. Besides, it doesn't hurt to do KYC if the exchange is trusted and compatible. KYC is one of the terms and conditions for using the services of the exchange, usually affecting the minimum limit for withdrawals. So even though there is no KYC requirement for joining IEO, you still have to do it to get maximum service from the exchange.
Sure, thats why KYC is mandatory for users. I don't recommend KYC and it's up to the exchange users but there are some features that can't be used if haven't done KYCAnd i think almost all of exchangers apply limit for withdrawal if users doesn't submit KYC
You are right. Besides, it doesn't hurt to do KYC if the exchange is trusted and compatible. KYC is one of the terms and conditions for using the services of the exchange, usually affecting the minimum limit for withdrawals. So even though there is no KYC requirement for joining IEO, you still have to do it to get maximum service from the exchange.
Sure, thats why KYC is mandatory for users. I don't recommend KYC and it's up to the exchange users but there are some features that can't be used if haven't done KYCAnd i think almost all of exchangers apply limit for withdrawal if users doesn't submit KYC
Every centralized exchange is required to do AML/KYC on their platform if they want to do it to prevent money laundering and the SEC penalty. That means there is no legit exchange that will run an IEO on their platform without asking the KYC to their costumer. If you do not want to send your KYC, do not participate in IEO but find ICO.
there are many projects do not require you to send your documents to participate in their sales.
there are many projects do not require you to send your documents to participate in their sales.
I think the OPs concern is the fact that cryptocurrency is fast deviating from secure, centralised, privacy space to a more open and tolerant space which is in bid to accommodate the rules and regulations of financial operations in the centralized world. If he's only interested in IEOs, them I am afraid he must pass through KYC unless there's a Dex offering IEO sales. But if he can't, then the only option is to buy from exchanges after IEO sales. That's the most obtainable for OP
KYC is one of the unfortunate compromise some make since the cryptospace now allow for some sort of government regulations through exchanges.That is one of the reasons the future of cryptoexchange is like to be Dexes. Centralized exchanges seem to represent one of the biggest point of failure for cryptos
I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
I know that Livecoin allows you to do this.
But honestly, I wouldn't recommend you buy any IEOs off there. Only unregulated, pump and dump IEOs would be interested in getting listed on Livecoin in the first place which means that it's probably not the best idea to invest in them.
The thing is that regulation dictates when and where KYC is required, and IEOs are certainly one of these sensitive categories since it's considered a sale of a "security". So in the future, maybe even Livecoin will conduct KYC. Who knows.
KYC should have limitations by devs. Now with KYC I have to provide them same signature, this means video call isn't too far for KYC submit. Now I'm giving original signature to complete my KYC process. I don't find any exchange without KYC.
Centralized exchange is needed to KYC to avoid money laundering and its mandatory if you want to join IEO
But small exchangers is not need required KYC for participating in IEO, but you should avoid small exchangers if you want to participate in IEO
You are right. Besides, it doesn't hurt to do KYC if the exchange is trusted and compatible. KYC is one of the terms and conditions for using the services of the exchange, usually affecting the minimum limit for withdrawals. So even though there is no KYC requirement for joining IEO, you still have to do it to get maximum service from the exchange. But small exchangers is not need required KYC for participating in IEO, but you should avoid small exchangers if you want to participate in IEO
Why are you looking for an IEO that does not verify KYC even though what I know is Binance, Huobi, Bittrex requires KYC if there is an IEO being done, I can't understand it with you, don't be afraid if KYC is handed over to a safer one.
If i want to join IEO this mean i have to send my ID to most of the exchanges, Binance, Huobi, Bittrex ....and others, why i have to do this, why i have to send my ids to all this exchanges and my id exist in many exchanges.
Why are you looking for an IEO that does not verify KYC even though what I know is Binance, Huobi, Bittrex requires KYC if there is an IEO being done, I can't understand it with you, don't be afraid if KYC is handed over to a safer one.
I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
To understand why this is how it is nowadays, you have to understand the fundamentals of money laundering and its prevention. To lay it completely clear for you , IEO is a possible way of money loundering so the ones who are doing IEO has to oby the law, if the dont , they can get in trouble with law. If platform is not asking for KYC, then it is a BAD sign not a GOOD.
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