Big Whales will always work around, so I think that the KYC is for us, no matter how sad it is. And also I think that no one will cancel the KYC, you can not even hope.
Topic: KYC should be for big whales - page 9. (Read 25360 times)
KYC should be a mandatory action for everyone. Because if you may not need to complete KYC because it is a low expense, whales can also use multiple accounts with small transactions to avoid KYC. So I think KYC must be for everyone if you are the right person, why should you be afraid of implementing KYC?
I think you have a pint in there what most hunters earn is just peanut but there are always the heavy investors who could regulate the market from time to time. KYC will be good for them to know their doings.
Hmm ... seems like you do not have yet idea with ICO's . Most projects required KYC for big investors so they can control the holders of their token . It's already implemented and already happening .
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
I think now in almost any project there is a kyc for all participants of the bad bounty or an investor in the ico , but I would also do a check of the project it would be very good to help fight against fraud - KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
KYC should never had been introduce in the crypto industry. Its actually against the whole theme of cryptocurrency that is supposed to provide anonymity but what KYC do is totally against it.
I think airdrop and bounty KYc requirements is reasonable but in the investor of the ICO is not. Loike what possible to hapoened in the KYC if they submitted their information and the ICO is scam they have possiblity those scammer use the identity of the investor which is very wrong and unfair.
indeed there are many rejection related to KYC for bounty and airdrop, basically KYC has a good purpose,
but indeed in KYC there is a lack of guarantees regarding the security of the data provided
I feel it is not feasible if an airdrop uses KYC because as we know the current airdrop results are very low
For big whales, KYC must be applied to them, but for bounty hunters, KYC should not be use
but indeed in KYC there is a lack of guarantees regarding the security of the data provided
I feel it is not feasible if an airdrop uses KYC because as we know the current airdrop results are very low
For big whales, KYC must be applied to them, but for bounty hunters, KYC should not be use
It would be much better if KYC was required for a new project team. The scam at the ICO stage seems more significant than the manipulation on the exchanges.
You want to invest in a few ico. The first thing you need to do is pass identity verification. The exchange platform does not force traders to verify their identity, so what you provide is unreasonable. You are forcing people to verify their identity even though they do not want to do it on exchange
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
I agree with you, but for bounty hunters KYC procedure will not be canceled, because the developers know that people will send documents to get their reward. - KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
I don't know how it is so important for big investors to have KYC than any other people related to a project. I must say, I don't disagree with KYC but it ahould be for everyone, even for the team members (for transparency to the community)
I was passing KYC only in 3 projects and now I am constantly being called by one mobile number and offering a trading platform 
KYC should only be for investors and not for bounty, they reason KYC for bounty avoids multi accounts but actually only delays distribution for bounty
And what exactly is the reason they should be forced to fill the KYC forms? You never mentioned it. And the bounty programs and ICOs don't just impose the KYC thing for no reason. A legitimate ICO does it so that people does not abuse their programs or giveaways or airdrops by creating multiple accounts to claim those rewards. Its not totally useless.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
The point of kyc is not on how much you invest on a certain ICO but for legal purposes. Some ICO ask for KYC to prevent US citizens from investing on their platform so in other words, KYC act as security for the legality of their project.
I think you are correct about the set limit for kyc not just everyone that require kyc , there should be a limit like $10k above or even $5000 for kyc and those with little funds are one for non kyc cause I see this as a way to steal people datas as many sell those details on dark web , so am not supporting any thing that has to do with kyc and if there should be then it should be that limit of $5k above as $100 or even $1000 can't be a money laundering.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
You have a point it should be for big investors. I can compare this to the airdrop, thats a little earning there but some need kyc. We should remember that KYC is a identifacation info and you just give that in a small earning work. It considerable in bounties but airdrop is not reccomendable.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
Every bounty hunters will agree to that, only whales should go through that, they have the full control of the supply and they can manipulate the trading anytime in the market, bounty hunters are just here to promote, and the supply they've got is very small it will not harm the market.
Big whales are not only one person, but companies, funds. So tell me, how would you do that? And also there is another problem, they are tading Over-the-counter because many exchanges have trading limits for these big whales 
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