So if you invest real money in the project this means that you should have trust in it. If you have no trust in it i would not invest my or my money in a project. On top of that giving an fake ID makes not the real owner of the account
That's right, fake KYC is only suitable for you to participate in bounty or airdrop. But if you use exchanges or take part in projects, I think you should use real KYC to avoid the trouble later.
Topic: Sending in fake ID for KYC - page 10. (Read 89304 times)
Using fake KYC is impersonating others which can get you into trouble later, honestly not recommendable, better don't join any projects that ask for KYC than using fake KYC, this is not good
So if you invest real money in the project this means that you should have trust in it. If you have no trust in it i would not invest my or my money in a project. On top of that giving an fake ID makes not the real owner of the account
There is no way you would create or build a fake ID without you using another person's picture, you are into crime activity yourself, you putting others into trouble to hide yourself? I'm not with you guys on this
For exchanges where you trade with large sums of money, you should always give your correct ID. That way you can prove in doubt that you are the rightful owner of the account.
It is true that some people fill in the KYC with their fake ID. It is really difficult to verify in the case of different organizations. I think there is another way out. It is also true that in many countries there are many restrictions on it. I want this process to be very easy.
don't ever do a KYC project that is still new because of the risk of our ID security has not been guaranteed, do KYC only on platforms that already have big names and have many communities, because a large project will definitely guarantee the security of our ID.
we must selective when send our document to crypto projects. in crypto market everything was decentralized and we dont know the man behind project , did they trusted person or unpriorate man. even to big name project , we must carefully due the hacking case that may happen in future. if we look at deep web there are alot secret data sold there , and ofcourse we didnt want our data there. 
don't ever do a KYC project that is still new because of the risk of our ID security has not been guaranteed, do KYC only on platforms that already have big names and have many communities, because a large project will definitely guarantee the security of our ID.
For a verifiable KYC to complete one need to snap or take a photograph with the KYC document. If a company accepts only document then it is open to several fraud and false documents. Issues of KYC is why some DEX are booming now. Some like INJECTIVE PROTOCOL are coming up as 2nd layer DEX so that they can pull liquidity.
KYC Verification process can't be the same thing, some project team will be very strict with the KYC verification and some won't but since it's not even safe to give up I.D on the internet because we can't tell what the other party will use them for it's better to send fake I.D, i hate saying this but it's just safer.
Those using fake details for kyc are doing that at their own risk because once the team finds out they use fake details, the next thing is to freeze the account will probably may make them lose their fund if it is an exchange account and if it is for claiming bounty or Airdrop reward, then they are at loss aswell.
It is still better than sending your original KYC documents like passport or national ID. What will happen if they freeze the account? At the most, you may lose $10 or $20. But have you ever thought about what would happen if your KYC documents get stolen and they may end up at the hands of shady people? Trust me. The damage is going to me much more than $20.
I also had the same thought, how did they do the selection for original and fake data and that made me interested. The act of falsifying an ID is illegal, which can be reported by the authorities. This goes back to the first view, part of the purpose of KYC to verify that the person concerned is not in a country that prohibits crypto / ICOs / IEO, and KYC is also enforced to avoid multiple account actions. We doubt the security of our personal data but we also have to do KYC to get better service.
It's illegal but sometimes you have to check the project you are sending your real ID to before having issue. I know of a friend that told me one scam project demanded KYC which many did and they ran away, so tell me what they wants to use the kyc for? Many corrupt projects changes minds of many so I would say big companies should always be strict and ensure users kyc is safe but some can still use parents or friends own.
It is illegal for someone to use fake IDs for KYC because it will be unfair for others who have used their real identity or information in submitting their KYC, and it is awful for successful projects to know that some of their bounty hunters, participants and investors are using fake IDs for them to be accepted. I think using your friends and family IDs can be used as a KYC if you don't have any valid ID to show. 
It's illegal but sometimes you have to check the project you are sending your real ID to before having issue. I know of a friend that told me one scam project demanded KYC which many did and they ran away, so tell me what they wants to use the kyc for? Many corrupt projects changes minds of many so I would say big companies should always be strict and ensure users kyc is safe but some can still use parents or friends own.
if they ask kyc maybe there is a reason, but we must ensure that the project is indeed true and not deceptive.
some scam projects ask kyc to steal data from others and use it for their purposes.
I kyc about large exchanges like binance, and I don't think that will be a problem.
It's illegal but sometimes you have to check the project you are sending your real ID to before having issue. I know of a friend that told me one scam project demanded KYC which many did and they ran away, so tell me what they wants to use the kyc for? Many corrupt projects changes minds of many so I would say big companies should always be strict and ensure users kyc is safe but some can still use parents or friends own.
It is illegal to create fake ID specially when it is a government issued ID because it is against the law and that would be punished behind bars for doing such. Although it is intended just to surpass the KYC process, it is still illegal for you are still bypassing the legality of the documents and legal process for getting ID. That is why there are trust issues building up between team developers and participants for they do not know who the real thing is behind the KYC process.
Yes, it is kind of foolish and risky sending real documents for they might be use without prior notice into other things, but doing or sending fake ID is also risky that is can lead to permanent freezing of your account. It is a total mess with anonymity for people cannot and do not trust anyone. But doing illegal things just to get through KYC is still not a good habit to do.
Yes, it is kind of foolish and risky sending real documents for they might be use without prior notice into other things, but doing or sending fake ID is also risky that is can lead to permanent freezing of your account. It is a total mess with anonymity for people cannot and do not trust anyone. But doing illegal things just to get through KYC is still not a good habit to do.
Those using fake details for kyc are doing that at their own risk because once the team finds out they use fake details, the next thing is to freeze the account will probably may make them lose their fund if it is an exchange account and if it is for claiming bounty or Airdrop reward, then they are at loss aswell.
I must say that I agree with what's @B.wealth is saying. Fake details to verify your KYC is dangerous as your money could be stollen/taken by anybody this includes if the platform get hacked or busted as there will be no way for you to prove a fake identity. Play it safe
I think it poses a too high risk today not sending valid info. Everything is interconnected and companies like Jumio or IdentityMind have a good reputation to keep your data safe. Beside that,if new regulatory frameworks come out, some exchanges without KYC will cease to exists, so you could lose your coins either by getting your account frozen or by having your exchange closed. For cryptos reputation it could also be beneficial to have valid people involved and not have to fight constant accusations of fraudulent players on the exchange.
It is foolish to present your personal data anywhere other if there is no need. For some exchanges i participated kyc actually it was my most urgent even i submitted my NID card and passport. However, i had to apply my selfie for a few exchanges but I don't think you should use your own secret data everywhere.
Those using fake details for kyc are doing that at their own risk because once the team finds out they use fake details, the next thing is to freeze the account will probably may make them lose their fund if it is an exchange account and if it is for claiming bounty or Airdrop reward, then they are at loss aswell.
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