Topic: Questions ICO and Trading (Read 149 times)

check: https://discord.gg/FHKZGGX

- It's possible, depending on the ATM but I've heard it takes a while to process.
- Make sure you're using a secure wallet, such as a hardware wallet
- Each ICO is different, but generally have similar processes for signing up. We have a guide here --> http://[Suspicious link removed]/ICOGuide if you want to check it out
- KYC means "Know Your Customer" and it's just the process of businesses verifying the identity of their clients

Hope this all helps!

thank  you so much really helpful information !

Depends on the ATM. Some will send the Bitcoin directly to the wallet you provide, so you can get your Binance deposit address QR code and let the ATM scan it for you. Others will give you a code that can be redeemed in the ATM's website. Just use the same Bitcoin deposit address and the coins will arrive in your Binance account.

Check every link you dare to click. Google is full of malicious ads looking for new victims. You may be searching "Binance" and end up clicking in a fake ad which will lead you to a fake version of Binance. If you enter your username and password in those fake websites, bye bye coins. Also don't download unknown executables. Always verify the integrity of the file.

Depends on the ICO. Most of the new "Ethereum based ICO's" will either ask you for your ETH address or send the tokens to the address which the ETH came from. There should be instructions in each ICO website with more details.

Probably because they are scarred of the SEC coming after them. You should read those articles:

https://themerkle.com/why-cant-us-citizens-participate-in-cryptocurrency-icos/
http://fortune.com/2017/07/26/sec-icos/

https://www.quora.com/What-is-KYC-and-why-is-it-required

---

Edit: RIP. HabBear came here first...

No, I haven't. They're very expensive...it's not worth it. The sell you Bitcoin for 10+% premium over the market rate.

Have control of your private keys. Keep them in a safe place. Use a Trezor!


You're given tokens in a wallet that is established by the new coins developers. Then those coins must sit there until an exchange decides to make a market in that coin...which may never happen. If the coin is built off the Ethereum network you can keep those coins in your MyEthereumWallet.


The ICOs in the US are probably better thought out and represent really viable business models. Most ICOs, globally, are attempts to get rich quick.


"KYC" stands for "know your customer". It's a law in the United States that requires banks or investment institutions to get a lot of information about the identity of their customers. The reason it was created was because of Osama bin Laden, the terrorist that directed the destruction of buildings in New York City in the year 2001. This terrorism has caused governments to require more oversight and knowledge about who's making financial transactions to whom. These laws have extended to cryptocurrency exchanges that wish to trade fiat currency for cyrpto currency.


Ben Perrin's BTC Sessions YouTube channel is a fantastic resource, particularly for new members of the community.

Hello everyone I had some questions regarding ICO and trading crypto currency


1. Anyone used a bitcoin atm? Can deposit money from there into my bianance account?

2. All of this hacking and phishing is getting annoying any videos or recommendations on how to protect my computer and crypto ? I've never been hacked just want to take precautions

3. When you sign up for an ICO how does the process of you getting your tokens go?

4. Why is there so little ICO in the USA will this continue to decrease?

5. What is KYC and its purpose?

If you can point me in the direction towards a guide that would be great.

Thank you for your time

Best,

Crane