Is it still okay to fake kyc in 2021? - page 2.

dhemasm

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Quote from: Whazzle1212 on May 19, 2021, 06:49:55 PM

I’m sort of new to the scene but I’ve noticed how much money there is to be made in IDO’s. The problem of course is that almost all requires kyc and doesn’t except USA people. I read previous posts about this but the last was in 2018. So I’m wondering if anyone can provide their opinion on this... thanks 🙏😁😇😂
Also, if anyone could give me advice on the best way to go about this it would be very much appreciated!
Thanks 😊

I don't think it was good Idea To faking your identity since it going to make another problem in the future, It's better to use your real identity but just make sure to pass KYC on trusted third-platform, Some IDO Protocol basically already implemented KYC Provider like Yoti, Sum & Substance, Refinitiv, etc. You just need to be more careful about your data and if you want to stay anonym just wait till it listed on public DEX or CEX. Good luc!

DevFile90

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I care about others just like I care about myself, I don't want to put anyone in grave danger just because I want to make money, imagine using a stranger ID for KYC verification and the unexpected happens to them? The chances of this happening is slim for sure but why not take the risk by yourself? Also it's not a must to pass KYC to buy coins and we have P2P platforms too even Dex exchanges too

bamb

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The reason for kyc is simply because of regulations in different jurisdiction, no one like to willingly walk into problems! If your country does not allow some certain investment in Cryptocurrency, then you should abide buy the rules of your country. If however you are keen on participating in those kinds of investment, you will need to go to other country that allow such investment!

camat gampong

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If you don't like to do KYC you should not participate it. Submitting a fake KYC is a really risky move because if they found out that you faking it, they will block you and you will not get a refund if you already participated IDOs..

Yes, if the intention is dishonest by making fake KYC, it is absolute fraud, because if you don't want to share KYC data with others, then it's better not to participate in any program including IDO.

trauchot

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I know that many people use fake documents in order to participate in ICO, IDO and in general in other places where KYC is needed, in general, if you will use fake documents, this may affect your money that you will invest in any project, because your account can be blocked and you will not get money back, so it is best to use your documents or just bypass all projects where KYC is needed or you can buy someone real documents, people selling them how I saw too.

wmaurik

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Quote from: raidarksword on June 16, 2021, 01:49:24 AM

Faking KYC will only get your trouble buddy and by doing that you'll put your self on harms way. I guess there are IDO you can participate that don't restrict countries and doesn't request full identification by that your information is safe.

Yes, KYC can't be tricked even though it can be faked but the consequences can be very fatal if one day it is found out, that's the reason why I don't want to deal with KYC myself or with things that require me to make KYC, except for the stock exchange only certain exchanges that I often use.

virasisog

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Do not participate in any presale if you are not comfortable submitting KYC. I don't see any problem submiting KYC if you have confidence in a project you are joining. If you think it is a scam why would you join in the first place. Faking KYC might cause you trouble, you might face serious legal problem for faking identity and also lose your opportunity joining IDOs.

nebuch

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I think it is a big problem. Faking kcy is not a good idea. Anyway, I don't know what is your real intentions to come up to that thinking. For me do not undergo KYC procedure if you think your personal information will leak sooner by the team. Of course privacy is important to maintain your personal information safe.

leea-1334

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It was never okay to fake kyc guys,,, not in 2021 and not any year at all. I did fake email for airdrops in the past,,, but these were because they were NOT KYC and just identification. I think it was enough to give them my wallet address why for my email as well or even mobile, right?

But to lie about identity to pass AML laws, a big no no.

raidarksword

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Faking KYC will only get your trouble buddy and by doing that you'll put your self on harms way. I guess there are IDO you can participate that don't restrict countries and doesn't request full identification by that your information is safe.

karungbitcoin

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I think no good idea to give personal data to others parties, because we don't know who exactly the person will store that our data. I been heard from alot of media if bad people can use it for criminal. The option to join IDO is choose IDO platform that allows to buy tokens without KYC. If we interesting to buy the tokens but the IDO should be with KYC so other way to buy the tokens is when listed on exchanges.

imstillthebest

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Quote from: Whazzle1212 on May 19, 2021, 06:49:55 PM

I’m sort of new to the scene but I’ve noticed how much money there is to be made in IDO’s. The problem of course is that almost all requires kyc and doesn’t except USA people. I read previous posts about this but the last was in 2018. So I’m wondering if anyone can provide their opinion on this... thanks 🙏😁😇😂
Also, if anyone could give me advice on the best way to go about this it would be very much appreciated!
Thanks 😊

why would you fake your kyc ? faking it is like cheating so no it wasnt okay at all times .
why not provide your own kyc but only to the projects that are legit and you can skip those who restrict your countries because theres still more of them that you can chose from .
there are other ways or other products in cryptos that you can invest without needing a kyc if you dont like giving yours .

Sithara007

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Quote from: crazy-pilot on June 15, 2021, 06:24:16 PM

Yes, this is possible. It all depends on the level of technology that the platform uses where you have to go through the identification procedure.
There are platforms where only a document is required, but in most cases you also need to bring your face to the camera to read biometric data, which means that you will most often need a live person to pass the KYC.

KYC requirements are getting stricter now, because a lot of people are faking their KYC information. Documents are available for sale in the dark markets for as little as $5 or $10 each and those who don't want to shed their anonymity resort to using these documents. But even if they make KYC strict, with live Webcam, there are still loopholes. Someone who does the KYC can just pass on the login information to another user. And they are not going to demand KYC every two weeks or so, because it is a one-time procedure.

bluebit25

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I haven't been much involved in IDO lately, but I've found that most of the IDOs on good platforms get a lot of interest from people looking forward to being able to buy it. And the problem is that some people have performed cheats to be able to be on the whitelist, the KYC problem is considered simple if they can be confirmed to be on the whitelist.

Wawa2013

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Quote from: crazy-pilot on June 15, 2021, 06:24:16 PM

Yes, this is possible. It all depends on the level of technology that the platform uses where you have to go through the identification procedure.
There are platforms where only a document is required, but in most cases you also need to bring your face to the camera to read biometric data, which means that you will most often need a live person to pass the KYC.

Of course you can do fake KYC in 2021, because there will always be platforms that have weak security. As you said all we need is a live person
and their personal data, we can bribe someone to do that. But of course there is a risk of being caught, and that can cause the money we have
to be frozen. I really don't recommend doing fake KYC. It is better for us to use our own personal data, as long as the money we use does not
come from a ilegal source, there is no need to hesitate to do KYC.

Rengga Jati

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Quote from: Whazzle1212 on May 19, 2021, 06:49:55 PM

-snip-

It was, but it depends on the platform, how accurate the ID that you are using. Of course, not all platforms are available to accept the fake one because they may have much better ways to KYC right now. And if you do it, whose ID you are going to use? And if it is used for KYC in a centralized platform, you may get a problem someday and you cannot prove that it is yours because e that is not your original KYC. So, why don't you try other platforms if you don't want to KYC?

And here, btw, you were only here to create this thread and then no respins for all answers by the memebrs? Did you read it? Or you only wanted to get the answer and then elave? Sad

crazy-pilot

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Yes, this is possible. It all depends on the level of technology that the platform uses where you have to go through the identification procedure.
There are platforms where only a document is required, but in most cases you also need to bring your face to the camera to read biometric data, which means that you will most often need a live person to pass the KYC.

john1010

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KYC is very important, because many of the good project required it in all of their users, but KYC is also causing problem specially whenn you gave it to some fly by night project, your information could be use in illegal activities so always do DYOR in everything.

Squezzi55

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I hate the fact that IDO platforms ask for KYC, this is what keeps me away from IDO platforms if not I would have made some good money from polkastarter and others till date but also if there is no KYC maybe there will be too much crowd on the websites or maybe it's for security purposes, it just sucks anyways

electronicash

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Quote from: lobo13hf on May 30, 2021, 08:00:02 PM

Quote from: vabchgent on May 26, 2021, 02:02:29 PM

KYC will be the requirement for every exchange that we want to operate seriously in our realms. There is nothing you can do against it!

What he wants to use fake KYC to complete the upgrade for his account which is inappropriate caused by that was the same doing the criminal action. The exchange site can take a legal action against it consider when you have signed up on the exchange site and you have been clicking the box that contains rules and agreement.
That means if you wanna get more daily trade limit or access to the IEO and it's better to use your real KYC instead of try to submit fake KYC.

only few ICO projects i noticed that are asking kyc these days. i rarely check ICOs but DEFIs doesnt ask KYC which is good if you being an investor likes defi. defi and the dex will likely be the next you will be usng if you tend to avoid kyc for privacy. exchanges nowadays doesnt even want you to withdraw with just 0.05BTC without submitting data.

Topic: Is it still okay to fake kyc in 2021? - page 2. (Read 842 times)