If MtGox and Bitstamp are practicing the safe handling of your personal data, the risk is always there but not too much to worry about.
Howeer, if they storing the picture of your driver's license, passport, bank statements and credit card and phone bills on the server unencrypted, as they get hacked your private info is at risk.
Topic: Is giving Bitstamp or Mt.Gox your information safe when verifying? (Read 1618 times)
November 13, 2013, 04:58:45 AM
November 13, 2013, 04:00:30 AM
For people who have nothing to hide and don't care if the government has their name on a list somewhere, it should be fine.
Unless they get hacked and your IDs are used somewhere for scams
Are you saying you've never used your ID somewhere that could be compromised?
Hotel, car rental, bank, landlord, credit card...
November 11, 2013, 07:48:34 PM
For people who have nothing to hide and don't care if the government has their name on a list somewhere, it should be fine.
The age old argument.
November 11, 2013, 05:58:07 AM
For people who have nothing to hide and don't care if the government has their name on a list somewhere, it should be fine.
Unless they get hacked and your IDs are used somewhere for scams
November 11, 2013, 02:51:55 AM
Im a verified bitstamp user
November 11, 2013, 02:46:36 AM
Well, if you need to keep your identity that secret, you're never going to be able to use an exchange to convert between BTC and fiat. You're stuck with localbitcoins 
For people who have nothing to hide and don't care if the government has their name on a list somewhere, it should be fine.
For people who have nothing to hide and don't care if the government has their name on a list somewhere, it should be fine.
November 10, 2013, 01:21:23 PM
I gave my information and document to Gox at one point and regret it.
Why?
Quote
I never ended up trading there, so it was lose-lose.
What did you lose?
Privacy.
Gox has in public admitted working with the DEA. I'm suspect they are not the only ones they give your info to.
Source? No shock.
On my phone cant search for it now. This was well known in 2011 however. I myself was reported to different police cuz mark failed to talk with staff. Mark is just fail even at being a narc.
November 10, 2013, 12:31:29 PM
If they ever get hacked - your info could leak out into the public =/
November 10, 2013, 12:29:29 PM
I gave my information and document to Gox at one point and regret it.
Why?
Quote
I never ended up trading there, so it was lose-lose.
What did you lose?
Privacy.
Gox has in public admitted working with the DEA. I'm suspect they are not the only ones they give your info to.
Source? No shock.
November 10, 2013, 11:55:24 AM
I gave my information and document to Gox at one point and regret it.
Why?
Quote
I never ended up trading there, so it was lose-lose.
What did you lose?
Privacy.
November 10, 2013, 09:55:21 AM
I gave my information and document to Gox at one point and regret it.
Why?
Quote
I never ended up trading there, so it was lose-lose.
What did you lose?
Privacy.
November 10, 2013, 02:17:04 AM
I gave my information and document to Gox at one point and regret it.
Why?
Quote
I never ended up trading there, so it was lose-lose.
What did you lose?
November 10, 2013, 02:15:52 AM
Providing their databases aren't compromised you should be fine
November 10, 2013, 02:14:40 AM
I gave my information and document to Gox at one point and regret it. I never ended up trading there, so it was lose-lose. I certainly don't plan on trading there now.
November 09, 2013, 10:57:38 PM
I'm not particularly that bothered about who knows the information but, for obvious reasons, I don't want my bank account hacked just because someone else managed to find the information.
Also, is there any way on Bitstamp to verify without sending details such as phone verification or something along those lines?
Also, is there any way on Bitstamp to verify without sending details such as phone verification or something along those lines?
Not anymore, I don't think. Thank the US.. I doubt you'll be hacked, however. Perhaps utilize an alternate account for such particular purposes?
November 09, 2013, 10:44:31 PM
Perhaps you could trade on this same forum, using escrow.
November 09, 2013, 10:31:22 PM
I'm not particularly that bothered about who knows the information but, for obvious reasons, I don't want my bank account hacked just because someone else managed to find the information.
Also, is there any way on Bitstamp to verify without sending details such as phone verification or something along those lines?
Also, is there any way on Bitstamp to verify without sending details such as phone verification or something along those lines?
November 09, 2013, 10:26:17 PM
Depends on who you are concerned about knowing the data. If it is a concern, perhaps best not.
November 09, 2013, 10:24:36 PM
Hello,
Is it safe to give Bitstamp and Mt.Gox your Bank Statements, Passport etc? Bitstamp does state that it has to be in it's entirety so I'm assuming no censoring the important bits such as sort code, bank account number etc.
thanks,
Kevin
Is it safe to give Bitstamp and Mt.Gox your Bank Statements, Passport etc? Bitstamp does state that it has to be in it's entirety so I'm assuming no censoring the important bits such as sort code, bank account number etc.
thanks,
Kevin
Jump to: