Topic: KYC or Where is the money (from), Lebowski? (Read 109 times)
i know a chineese friend that his eth was frozen cause of kyc, i ended up using my documents to verify it for him, which was risky
Has anyone faced with the so-called KYC policy? When the exchange service freezes your funds until they know the origin. Of course, some may call it security measures, but they require proof of ownership, which is not so easy to provide in the case of cryptocurrency. It's good if you have screenshots from mining pool or something, but some people just trade and never save their money history. Thus, all anonymity is lost at this point.
We want to hear your opinion, guys
We want to hear your opinion, guys
The KYC system causes a lot of discontent among people! I can say that there is a benefit of KYC. But just as many minuses! Advantages that will not be bots! But cons Yes you lose anonymity! In some cases and countries it is very bad! I only support KYC which is announced in advance! the rest are trying to ignore!
Has anyone faced with the so-called KYC policy? When the exchange service freezes your funds until they know the origin. Of course, some may call it security measures, but they require proof of ownership, which is not so easy to provide in the case of cryptocurrency. It's good if you have screenshots from mining pool or something, but some people just trade and never save their money history. Thus, all anonymity is lost at this point.
We want to hear your opinion, guys
We want to hear your opinion, guys
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