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Topic: KYC for penny money? - page 8. (Read 1494 times)

hero member
Activity: 1204
Merit: 505
April 21, 2019, 03:16:17 PM
When I’m looking for airdrops to participate in, I don’t go for the ones that pays penny. All those things are heavy work for anyone to do, not to talk of accepting penny for it and giving out your information on top of that ?

I can’t take such a risk. As long as it is something that has to do with cryptocurrency and online, I can’t really take such a risk. And even for the ones that pay big, I still do proper research about them before participating, cause some of them are scammers.
full member
Activity: 258
Merit: 100
Co-founder Love Air Promise
April 20, 2019, 09:34:05 AM
It becomes a great disturbance when you see that for just a little money you will get, you got to upload a whole lot of pictures to validate you as an ideal participant of the project .
hero member
Activity: 1092
Merit: 520
Aleph.im
April 20, 2019, 07:16:11 AM
Agreed. They will buy it from you and will sell it OTC with lots of profits. There are lots of telegram groups selling those IDs to anyone who wants to participate ICOs. And that is a best-case scenario. I don't want to think the worse one...
hero member
Activity: 2716
Merit: 552
April 20, 2019, 01:39:40 AM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?
Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

Well, we all know it can be used against you. I mean thats an essential information. Dont wait until someone becomes a victim to such. Just like what you said, "they need to be careful." Its almost a no-brainer if you trade your critical information for "pennies" or even for a hundred of bucks. Not unless if its fake information they are using.
sr. member
Activity: 784
Merit: 250
April 20, 2019, 01:39:16 AM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

If it is just a little amount and someone pass their thru identity they are made of greed, and ofcourse there are still someone who are trying to scam or cheat this kind of act by passing illegal documents or falsificated documents just to earn those pennies.
if we have to pass kyc in order to recieve our reward ,maybe we have to calculate about its value and also the safety of our document.not every developers honest and guarantee they will not sell our identity document.
hero member
Activity: 628
Merit: 500
No banking,Only Bitcoin!
April 20, 2019, 01:37:39 AM
What kind of people who want to share penny money for a KYC. I think people must be smart because of my guess they only buy your personal data to be misused.
sr. member
Activity: 980
Merit: 261
April 20, 2019, 01:04:57 AM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

If it is just a little amount and someone pass their thru identity they are made of greed, and ofcourse there are still someone who are trying to scam or cheat this kind of act by passing illegal documents or falsificated documents just to earn those pennies.
full member
Activity: 1050
Merit: 100
April 19, 2019, 11:34:15 PM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?
Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.
self data is important for us, especially when many ico are scam like now, of course we have to be careful when asked, because many ico are unprofessional which allows for misuse of identity
full member
Activity: 994
Merit: 138
April 19, 2019, 11:27:40 PM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?
Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
April 19, 2019, 10:50:56 PM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?
I think it's not necessary if only pennies will be useless. Our personal data is the first that we have to think about, don't sacrifice your personal data if there are only a little rewards.
sr. member
Activity: 854
Merit: 253
April 19, 2019, 10:34:02 PM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

There is no point in doing kyc for some shitcoins, even if they are useful it is not worth submitting personal data and what is the guarantee that your data would be safe; it will not be used in any illegal way or sold out to the third party.
jr. member
Activity: 229
Merit: 2
∞ HYPNOXYS | A Backed Protocol To Decentrali
April 19, 2019, 10:14:49 PM
I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.

Yes, we also can reduce someone cheating but also if we know that KYC can also commit fraud by collecting document documents to fulfill KYC and getting a nominal amount that is more than it should be received, this is also the way someone misuses KYC.
and it is proven that many people do that
full member
Activity: 686
Merit: 104
April 19, 2019, 09:42:04 PM
I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.
legendary
Activity: 2982
Merit: 1028
April 19, 2019, 12:15:15 PM
yes , there are lot of sites exchange that give free money for pass kyc ; i dont know why ? and
What they will do with the documents of users? This is not good , personel documents should not be given to anonymous people for money
It's stupidity if you will give your personal data without knowing where the hell the team will use your information,not unless you are fully aware of the things that you are taking providing details can be done, good example of that is when you creates exchange wallets and needs for your verifications for bonuses or much higher trading volumes.
sr. member
Activity: 1176
Merit: 286
April 19, 2019, 12:05:46 PM
yes , there are lot of sites exchange that give free money for pass kyc ; i dont know why ? and
What they will do with the documents of users? This is not good , personel documents should not be given to anonymous people for money
legendary
Activity: 1512
Merit: 1041
April 18, 2019, 11:22:47 PM
in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future
It is really terrible if our personal data is misused by other people without our knowledge, so for me when there is a Bounty project that requires KYC, I always research the project first, if it is suspicious, I will definitely avoid it.
Tell them please, instead of getting frustrated over things that we cannot reverse, we can just look for a way to work around it. There are lots of projects that are available pout there that doesn’t ask for any KYC from us, we can just focus on those ones If we are not okay with KYC, or like you said, we should do good research to know a good project before investing.

I like this clause because it will make a lot of people sit up, so many of us just participating in any ICO we see and promoting scams will learn to do a lot of research, now that they have a requirement that could work against us in future, so if we don’t want our document to get into the wrong hands, we better study the project very well before making input.
jr. member
Activity: 229
Merit: 2
∞ HYPNOXYS | A Backed Protocol To Decentrali
April 18, 2019, 09:12:30 PM
as long as what we get is comparable to what we do, this is not a big problem. what I'm afraid of is that it is misused like a certain exchange in order to get an airdrop of 100 $ which can be withdrawn directly without having to deposit enough with KYC they all misuse as many as dozens of ID CARDs for that
newbie
Activity: 4
Merit: 0
April 18, 2019, 09:09:48 AM
For me, I am not too convenient with divulging my personal information all in the name of getting some free token. It is risky except for cases where it is mandatory to invest in an ICO.
member
Activity: 336
Merit: 10
April 18, 2019, 07:43:48 AM
in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future
It is really terrible if our personal data is misused by other people without our knowledge, so for me when there is a Bounty project that requires KYC, I always research the project first, if it is suspicious, I will definitely avoid it.
member
Activity: 1092
Merit: 29
'Free as a bird'
April 18, 2019, 02:22:16 AM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?
Airdrop right? Yes, I always see this in a few days, especially when Bitcoin up again. Personally I also interest with that, but if there's KYC requirements, I always ignore it except trusted Airdrop like Upbit, Dobitrade, Nauticus Airdrop yesterday.

Just follow trusted campaign..
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