Hello,
Our company is looking for a KYC service provider. I would like to have more discussion about your services. Looking forward to hearing from you.
Topic: Mt.Gox AML/KYC Process Explained (Read 71706 times)
What will happen if someone will not pass KYC?
You surely can't withdraw your funds if you didn't pass the kyc. As stated in the OP even you didn't get verified at first attempt you can still try to pass proper documents so no worries.
If we don't want to deal with kyc here it's fine as we have a lot of exchange sites that doesn't need kyc. So it's our choice and no one forces us to use this.
Conclusion
I hope you found my post interesting, or at least informative. If you have any questions about our process, please feel free to either PM me or post here and I'll be sure to answer! If you have a question about your specific application to become verified, please email our AML email address so we can maintain the confidentiality of your application.
I hope you found my post interesting, or at least informative. If you have any questions about our process, please feel free to either PM me or post here and I'll be sure to answer! If you have a question about your specific application to become verified, please email our AML email address so we can maintain the confidentiality of your application.
Surely your thread is very valuable because all your writing is recorded for the good of MountGOX.
Thank you for all the information you provide, I will continue to support you here in order to maintain the confidentiality of your customers to trade on the MountGOX exchange.
Thanks
Hammonds
very good planning but what can be directly verified or not, about my experience when the verification was very difficult to receive.
just examples of market exchange from Singapore which is very difficult to verify, the end of it I just stay the Exchange switch to another Exchange.
just examples of market exchange from Singapore which is very difficult to verify, the end of it I just stay the Exchange switch to another Exchange.
These KYC and AML's does is put many innocent peoples information, all in one not-decentralized spot, that maybe hacked by somebody and find that jackpot of information..
What will happen if someone will not pass KYC?
Are there any benefits?
What is soft cap and hard cap? What is the price now?
Seems to be interesting project!
Where I can find more information?
Where I can find more information?
Who can participate? Is it necessary to pass KYC?
Have you already acquired BTC and are interested in trading to profit from price fluctuations, or do you want to buy your first bitcoins?
If it's the former then you could try BTC-E or bitfinex, as they don't require you to submit your dox, stool samples, etc. if you're not planning on withdrawing or depositing fiat currencies.
If it's the latter then most exchanges will ask for the dox, but you can avoid this hassle if you decide to buy through localbitcoins.
If it's the former then you could try BTC-E or bitfinex, as they don't require you to submit your dox, stool samples, etc. if you're not planning on withdrawing or depositing fiat currencies.
If it's the latter then most exchanges will ask for the dox, but you can avoid this hassle if you decide to buy through localbitcoins.
Thank you malevolent for your posting.
In answer to it:
I did earn some free BTC already. I don't think it's enough to trade with (yet), but I AM interested in the subject. I guess the wisest thing to do, untill that time, is to read more about it and gain more information on how trading with it works. Maybe it's the thing for me, in future, too? From what I've read till so far is that some earned a decent amount with it. But, I've also read about people that lost a decent amount.
And so your answer leeds to the following question: 'If one (a newbie like me) wants to have more information about it, what sources (articles, website, books, documentaries if there are any, etc...) would you recommend?'
And about the 'latter' .. thank you for this tip. I will get into 'localbitcoins' as well, and try to learn more first.
So, I guess you can read from my posting, I am really still a newbie on all of this stuff, but willing to learn. Thank you for making a little bit wiser. If you have more tips or suggestions ... plz do so!
Back to the subject of Mt. Gox ....
Quite disturbing news I've read. Mt. Gox suspended withdrawals. I've read something about technical issues and hope they overcome it in short periode of time. BTC rate plunged into the deep with -20% and more, and japanese are selling like hell!! Those are the stories on the internet I've read. All the more reason, if one is a newbie like me, to first gain more information on trading with BTC, before doing so.
I have accounts on 8 trading sites including Gox but never put any money in Gox as I am from the UK and they had just lost their Barclays account to sent £££s in and found I could use OKpay but getting my docs verified on there took a few weeks. In the meantime I looked at many sites and found localbitcoins the easiest to use and to buy but not cheap. Adding all the charges to transfer GPB into USD then to the trading sites I found if I picked a dip in the BTC price I could buy it overall at a good price at localbitcoins and with a lot less hasstle.
I spread my BTC in a qt wallet to hold and on several trading sites as i no longer trust any will ALL my money. Also some Casascius physical Bitcoins.
Have you already acquired BTC and are interested in trading to profit from price fluctuations, or do you want to buy your first bitcoins?
If it's the former then you could try BTC-E or bitfinex, as they don't require you to submit your dox, stool samples, etc. if you're not planning on withdrawing or depositing fiat currencies.
If it's the latter then most exchanges will ask for the dox, but you can avoid this hassle if you decide to buy through localbitcoins.
If it's the former then you could try BTC-E or bitfinex, as they don't require you to submit your dox, stool samples, etc. if you're not planning on withdrawing or depositing fiat currencies.
If it's the latter then most exchanges will ask for the dox, but you can avoid this hassle if you decide to buy through localbitcoins.
Thank you malevolent for your posting.
In answer to it:
I did earn some free BTC already. I don't think it's enough to trade with (yet), but I AM interested in the subject. I guess the wisest thing to do, untill that time, is to read more about it and gain more information on how trading with it works. Maybe it's the thing for me, in future, too? From what I've read till so far is that some earned a decent amount with it. But, I've also read about people that lost a decent amount.
And so your answer leeds to the following question: 'If one (a newbie like me) wants to have more information about it, what sources (articles, website, books, documentaries if there are any, etc...) would you recommend?'
And about the 'latter' .. thank you for this tip. I will get into 'localbitcoins' as well, and try to learn more first.
So, I guess you can read from my posting, I am really still a newbie on all of this stuff, but willing to learn. Thank you for making a little bit wiser. If you have more tips or suggestions ... plz do so!
Back to the subject of Mt. Gox ....
Quite disturbing news I've read. Mt. Gox suspended withdrawals. I've read something about technical issues and hope they overcome it in short periode of time. BTC rate plunged into the deep with -20% and more, and japanese are selling like hell!! Those are the stories on the internet I've read. All the more reason, if one is a newbie like me, to first gain more information on trading with BTC, before doing so.
Hello,
I have question,
MtGox accept Canadian citizens?
I have question,
MtGox accept Canadian citizens?
If you're in Canada you might as well stay with https://www.vaultofsatoshi.com based in Canada.
Read up on all the horror stories with Mt. Gox, not worth it.
Hello,
I have question,
MtGox accept Canadian citizens?
I have question,
MtGox accept Canadian citizens?
Quote
So while we'd love to be able to offset the costs a little, if we were ever caught doing this as a company, we would face serious fines and even jail time. We hope that knowing that this threat to us exists gives you confidence that we're being kept honest.
I really hope that this is a joke. If the law is all that is keeping you honest then you have little integrity to begin with.
Exactly.
Please do not deposit any funds into Mt. Gox. Puurmaa, they've kind of taken my 1BTC hostage while they decide if they respond to my requests for verification, I couldn't imagine losing 20. I finally received a response on January 24th after nearly a month of waiting. And this is after they decided to increase the wait time to 20 days from my original 10 day wait time. I can't wait to see what their withdrawal time is LOL. I'm looking at it as, if I get my money withdrawn at any point in time I'll consider myself on of the lucky few. This is a very bad public perception you have going on Mt. Gox and it's pretty much your own damn fault as a company.
My opinion is to steer clear from making any transactions with them.
my account has been compromised and they stolen my BTC. as soon as i received the email with the withdrawal information. i written to MTGOX to try to cancel the transaction or to do something and that was a couple hours ago and no reply at all. hope i have my BTC back but it seems that mtgox doesn´t case. should have people dealing for this kind of urgent issues.
December 2013 Mtgox withraval BTC still worked. Now they are thieves. I lost in Mtgox only 20 BTC. ., DO NOT use them anymore. ( waiting a little and see, what MTgox is tell for users and give back our money)
Mt Gox is no longer honoring the withdrawal of Bitcoins either. I decided to get out of Mt Gox, converted my fiat to BTC (at a loss) and requested a withdrawal. I expected it to take under an hour - the whole thing ought to be automated right?
Nope
It has been 2 days now and zero indication of any activity. But Mt Gox certainly took their .01 withdrawal fee.
MT GOX IS A COMPLETELY SHADY and INCOMPETENT EXCUSE FOR A BUSINESS. I'm in IT and there is no reason such an operation should be screwed up - I can understand issues with dealing with fiat, but not something handled predominantly through software. I apparently never even owned my bitcoins or even fiat, I suppose - you put money into Mt Gox, you are GIVING it to them!
Bitstamp on the other hand has been superb.
Nope
It has been 2 days now and zero indication of any activity. But Mt Gox certainly took their .01 withdrawal fee.
MT GOX IS A COMPLETELY SHADY and INCOMPETENT EXCUSE FOR A BUSINESS. I'm in IT and there is no reason such an operation should be screwed up - I can understand issues with dealing with fiat, but not something handled predominantly through software. I apparently never even owned my bitcoins or even fiat, I suppose - you put money into Mt Gox, you are GIVING it to them!
Bitstamp on the other hand has been superb.
I hear gox is takeing months in other currencies as well now. They must have hardly any cash or coins left now
I'm in the same boat. I've submitted my paperwork to MT GOX over a month ago and it still says that it's reviewing.
How long does it usually take for US customers that are verified to withdraw their funds?
Months How long does it usually take for US customers that are verified to withdraw their funds?
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