Of course KYC policy is very important. People use ur product and if u make something that they don't like they'll stop using it. U always should target what they like and dislike and do what they want, that way everybody will be happy
Topic: Why KYC is important? - page 21. (Read 3330 times)
I agree with most of the points that you have mentioned. As we all know, this forum is full of people with Alts and by doing KYC, one can ensure that only the genuine single person comes forward and does not claim rewards for his/her alts.
Secondly, as the laws around the market are getting stringent and the government is adding pressure on exchanges to do customer checks, hence it is becoming more important for people to first validate their identity and then join that exchange.
Secondly, as the laws around the market are getting stringent and the government is adding pressure on exchanges to do customer checks, hence it is becoming more important for people to first validate their identity and then join that exchange.
i think the KYC is important.it can determine our identity.that is the rules about the ico.this is part of the regulation
I dont see this effective since you are making your self vulnerable to hackers. Yes this would help us keep our stakes safe but only if we are sure that the ICO we're participating is safe. But considering the nature of business, we know that there are lot of scammers.
The importance of KYC has become of great importance in recent times (since the government started meddling in issues related to cryptocurrencies) While it has it usefulness (anti-money laundering measures,fighting terrorism and all the vices listed by government) ,it may mean giving up some liberty that crypto currency affords.Too much government intrusion is bad for crypto.Thanks for sharing
First of all, any cryptocurrency exchange will not establish a coin on its list until and unless the KYC is not done for the coin. KYC is done to check money laundering and to kick the fake people out. By doing the KYC you become a legitimate bounty participator and it also keeps the scams in check. That is why all the big exchanges have made it mandatory to implement the KYC process for their coin to get registered on their exchange.
The information from your article is very useful. Thank you for your contribution.
kyc provide security for account holder working for a bounty and providing kyc will make us genuine bounty worker
Very much it isn't pleasant to me that I give the $ for the fact that to me just something is promised!
KYC - the first step on the ways of regulation of the market, and not that regulation of which you think and the BEST regulation that there were no 98% of bad projects which raise money, and then send you cards from Bali
KYC - the first step on the ways of regulation of the market, and not that regulation of which you think and the BEST regulation that there were no 98% of bad projects which raise money, and then send you cards from Bali
KYC is very important for any project. All documents are submit KYC form. The requirement all depend on KYC from. We are submit the project KYC then the easy task for project. So really all real documents and real in formation on KYC from.
KYC helps people with security a lot but anyway there will be some bastards who's trying to scam you
It guarantee that there's no fraud here. All is fair 
Kyc is important for minimising the fake bounty hunter accounts and to comply for company ico rules
Kyc is important to show to the legal team of the particular ico to whom they are paying and who all are holding the coins it is good in one point in time we can have aml policy ico running in market
Thames for the piece,quite educative.I support kyc for the purpose of proper identification of persons ,it's essential.It serves as a medium to checkmate fake or double identity.
KYC is essential in the ICO project, which allows the project to control the individuals involved and prevent a person from purchasing large numbers of Tokens to manipulate the project. But I think that KYC is only suitable for Token sale because the project spends more than 60% of the Token for purchase. The bounty does not need KYC because the Token for sale rate is only 5%.
Yes, it can probably have a good thing about the projects or ICOs because it can get known worldwide. But haven't they thought about the security issues of the people who are participating in the projects? And most of the ICOs have required the people to submit KYC.
First of all, thank you very much for the article.You said things that absolutely must be known.
As for the KYC application,it is to prevent fraud, theft or anyone using someone else's credentials.
As for the KYC application,it is to prevent fraud, theft or anyone using someone else's credentials.
Great article.. You said it all. KYC is very important and necessary to combat against fraudulent activities both in the crypto space and the world at large.
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