Topic: What does KYC gives you ? - page 15. (Read 26274 times)
Yes KYC is not good it can only give us problems and it will exposed our identity and used it against us for some scammers and identity fraud, that is why I hate project who ask for it.
As what i have read, kyc is not good for bounty purposes and so airdrops. Since there are fraud ico's, they might steal your personal identity. So if you are planning to submit kyc into a project, be sure that project is a legit and not fraud.
kyc gives us nothing, I think that they simply collect our data for free. I try to avoid this
yeah, some people do avoid kyc. but some good projects that require Kyc to avoid fake accounts or multiple account users. so we can't just ignore it while we become a participant in the project.we really can't provide our data on each project that asks for the kyc, we have to see the team that works and notice they can be trusted or not.
You still have to pass KYC, so look for good projects and do not fall for scams. I personally understand that if I want to participate in the bounty company of a normal project, then most likely I will have to pass the KYC, as this is a new trend, followed by all the good projects.
Usually, I try to avoid projects that have requirement to pass KYC or that do not have a clear position about KYC when they offer bounty hunters to become participants in their project. Because you can not expect anything good from projects that require KYC.
This check does not give you any guarantees. there is a high probability that your data will be used
Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
Actually, KYC is only used by investors and not for Bounty hunters. Because there are a lot of scams so Bounty hunters are also given KYC. But not all projects use KYC to make compensation. I don't know as a result of giving personal data to other people. Because I prefer projects that don't use KYC. 
Nowadays ICO is KYC compliant due to the regulation from SEC but there still few projects that will reward even though not doing the KYC process. do your own research first about the ICO and if it looks legit then you don't have to worry on giving your personal information.
If you are not interested in giving out your data in the name of kyc, do not give it out, because there are lots of projects that will not ask you for kyc before getting your reward. Also, you need to be careful when it comes to kyc because some scammers are also using that to get the data of people for criminal purpose.
KYC is proof of identity. that is, by doing so the project makes sure that the user has one account and that he is authentic and not a fraudster
I think this is just a way of identifying ICO projects in a number of countries that forbid the citizens of their country to join the ICO. And projects must comply with this rule. But I do not understand how the ICO registered account can cheat
Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
The KYC check does not give the headhunter anything. It only takes our time and kills our nerves, because to go through what does not fit into the proposed answer tables is rather difficult and sometimes impossible. In addition, a KYC check illegally takes away our confidential data.Correctly in this regard comes the ICO Bluenote team, whose signature I am now carrying, which in the form of joining the ICO signature campaign makes it possible to confirm that we are not citizens of countries whose governments forbid their citizens to participate in the ICO. Although this is a controversial question: what does participation in the ICO mean? Some governments are afraid that their citizens will not suffer losses, because they consider the activities of the ICO too risky. Bounty hunters cannot bear material losses due to the fact that they do not invest their funds in the ICO, and therefore should not be tested by KYC.
KYC is proof of identity. that is, by doing so the project makes sure that the user has one account and that he is authentic and not a fraudster
I think this is just a way of identifying ICO projects in a number of countries that forbid the citizens of their country to join the ICO. And projects must comply with this rule. But I do not understand how the ICO registered account can cheat
I do not understand the question, what would you like to receive for verifying your identity? 
You get nothing, only verified account and bigger limits probably.
You get nothing, only verified account and bigger limits probably.
kyc gives us nothing, I think that they simply collect our data for free. I try to avoid this
A very important thing that I greet! Since too many scammers who use multiple accounts, thus take away the whole reward. In all good projects you need to use KYC
Do not pass KYC, KYC cryptocurrency and it's the opposite. Take care of your anonymity. Because from all sides and so we are being watched by the state.
Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
KYC for the passage of airdrop? Are you kidding? I would not go through KUS for 1-5 dollars. This is stupid.
KYC for bounty campaigns helps to avoid a huge number of multi-accounts. And there is a benefit from it.
KYC will give you an advantage, that is you will be considered legitimate and do not violate the rules. but indeed the risk that will be obtained also depends on the data that you provide, the more important data, we have to be more vigilant.
KYC is proof of identity. that is, by doing so the project makes sure that the user has one account and that he is authentic and not a fraudster
Some ICOs have implemented provisions for KYC for bounty hunters, there is no other choice to receive payment from the ICO other than following KYC regulations, but for airdrop KYC it is not recommended
Jump to: