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Topic: Why Bounty Hunters Hate KYC !!! - page 10. (Read 93906 times)

full member
Activity: 644
Merit: 111
February 17, 2019, 11:48:59 AM
Yes, some are just afraid to send their documents. But it is possible that some hate the KYC procedure is due to the fact that they use multiple accounts. In any case, this procedure helps to identify all violators of the rules.
member
Activity: 269
Merit: 11
February 17, 2019, 11:38:18 AM
the reason most people do is they don't want their data to be spread on the internet, if I for the problem of kyc it seems neutral but if there is something that requires us and our data to be guaranteed I will do it but if there is a project that offers certain rewards for doing kyc I am clear will not do it because it is certain that our data is not guaranteed
sr. member
Activity: 1162
Merit: 258
1xbit.com
February 17, 2019, 11:24:28 AM
Don't take too much risk because now people actually take coins that are on the top cmc and now it's proven that they are very interested in top cmc in terms of risk also unlike the others who are very high
 
full member
Activity: 630
Merit: 172
February 17, 2019, 11:06:35 AM
Obviously the biggest reason why bounty hunters hate KYC  because it takes more time from you, Personally I don't hate KYC coz it helps find out a lot of cheaters and bots.

Your foolish to just hand out your personal info to random people on the internet that aren't trusted.  Don't be shocked if you end up as a victim of identity fraud.
full member
Activity: 700
Merit: 100
February 17, 2019, 10:58:15 AM
This is Internet my friend. Who do you hold responsible if something bad happens to your documents. As far as I know, there is no law against the misuse of the documents. It is too dangerous to send ones ipersonal documents multiple times to strangers.
In addition, KYC is used by new projects that are still unclear, so it is very risky to give our identity to them.
KYC also sometimes asks things that I don't have, for example a passport.
I think the passport is only owned by a small portion of the population and is very difficult for bounty hunters to give passports
full member
Activity: 700
Merit: 100
February 17, 2019, 10:41:13 AM
I have no problem regarding the KYC. Even money transfer outlets today are requiring the KYC. Even banks are required to update their savers data. It is for security purpose. The only thing I do not want about KYC is the worry that my personal data may be used on some illegal purpose. That is why I am very careful in choosing project.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
February 17, 2019, 10:33:32 AM
This is Internet my friend. Who do you hold responsible if something bad happens to your documents. As far as I know, there is no law against the misuse of the documents. It is too dangerous to send ones ipersonal documents multiple times to strangers.
full member
Activity: 616
Merit: 100
February 17, 2019, 10:20:20 AM
For me, its okay if the bounty manager ask KYC to bounty hunter, its proof that your're not a bot, so the distribution of the bounty reward fair and square. its minimalize bot for get the reward. But I do understand why some people do not want they ID because its privacy. its oke.
full member
Activity: 966
Merit: 104
February 17, 2019, 10:18:54 AM
It's simply because they do not want to share their identities on the internet. That's why bounty hunters just hate the KYC.
I do not like KYC which is informed some time before distribution is done because many KYC events are not carried out because information is not known by bounty participants. KYC should be notified together with the opening of the bounty so participants can do KYC without being forgotten
In general, the KYC check on bounty hunters is illegal because we invest in ICO projects, we are not investors, and therefore we are not ICO clients. However, if such a check is nevertheless carried out, then, of course, it should be carried out simultaneously with joining the ICO bounty campaign so that everyone can be sure that he can provide the required information and copies of documents. For example, I now do not live at the place of my registration and cannot provide utility bills and bank statements. Therefore, I do not join those ICO campaigns that involve KYC verification.
sr. member
Activity: 630
Merit: 250
February 17, 2019, 10:15:23 AM
What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 

I think that the bounty hunters who hate KYC is actually a cheater who owns multiple accounts or using bots.
I don't personally don't hate KYC but i don't want my Identity to be spreaded.
full member
Activity: 672
Merit: 100
February 17, 2019, 10:12:24 AM
Most likely, the answer to this question was used many times and today many bounty hunters no longer use their documents to pick up the award. Today it is not necessary. Today we understand that our information is for sale.
member
Activity: 504
Merit: 10
February 17, 2019, 10:12:20 AM
Well, most people hate revealing their identities, of course; that's just another reason. Fraud through identity theft is rampant nowadays, and nobody wants, of course, to be a victim of that. Another reason is not all hunters have the required IDs or documents. I also don't get it why they impose KYC policy on hunters when KYC is supposedly for the customers only and hunters are not customers. Another unfair side of this is that they would only announce the KYC requirement after the bounty campaign. They should have announced it prior to the campaign, so that hunters, who are against the idea or are not prepared to undertake it, won't enter on the first place. But I personally don't hate it though.
sr. member
Activity: 796
Merit: 251
February 17, 2019, 09:42:30 AM
Obviously the biggest reason why bounty hunters hate KYC  because it takes more time from you, Personally I don't hate KYC coz it helps find out a lot of cheaters and bots.
copper member
Activity: 196
Merit: 0
February 17, 2019, 09:38:59 AM
I don't participate in any bounty campaign that wants KYC. Because I don't know what the project will do with this information later. Or maybe the project is fraudulent. That's why I'm against the projects who want KYC from bounty hunters.


maybe you are right because before that we have to check the project and team like what will save our data because it is too dangerous to give our data to the team.
full member
Activity: 812
Merit: 100
February 17, 2019, 09:23:40 AM
Kyc is not comparable to the work produced by bounty hunters, nowadays there are many issues if we only use wrong things for bad things. so it's natural that the bounty hounter hates kyc
member
Activity: 280
Merit: 14
February 17, 2019, 08:59:26 AM
Some bounty hunters hate know your customer kyc process because they are multiple account bounty abusers and this would expose them for what the truly are. In the other hand some fill it's stressful
copper member
Activity: 493
Merit: 170
BountyMarketCap
February 17, 2019, 08:24:31 AM
I hate KYC and dont participate in that type of bounty because there are no guarantees that your id will not be used for "black" purposes. I participate only where there is no KYC
full member
Activity: 462
Merit: 100
February 17, 2019, 08:20:44 AM
The Main Reason on it is a lot of bounty hunters are protecting their identity because its do hard this day to give your information because of the crimes and hackers use someones identity to take an advantage to someone and gives the blame to tjose peoples identity whos been taken because of spreading theor information. The second reason is some bounty hunters has multiple accounts by having an KYC their account will be caught and they get disqualified on the bounty campaign.
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
February 17, 2019, 08:19:24 AM
What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
All just people do not want personal information about them fell into unreliable hands. Moreover, the remuneration for this is so small that it is not worth the risk, but many projects have begun to abuse it for non-payment.
member
Activity: 462
Merit: 17
February 17, 2019, 08:13:44 AM
This is because many fraudulent projects require the personal data of bounty hunters, and after receiving the information, they sell it to third parties. Naturally, such projects, coins bounty hunters do not pay.
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