Bitcoin Forum

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.

This us been the norm with most exchanges in the crypto space, although there are exceptions with some of them if you are dealing with a minimal fund.
When it comes to participating in IEO, I have not seen any exchange that will not mandate it for participants to pass KYC first before they can be allowed to participate.
Most of the top exchanges demand for this. Although, there might be some who may not ask for it and I believe they will be the smaller exchanges, that mast not be trusted.
If you are not interested in giving out your personal data bor details to a second or third party, don't even bother to participate in IEO. Else, in the process of trying to force yourself through to participate in an IEO that does not require KYC, since you are still a newbie, you might fall victim of scam exchange.

Every centralized exchange is required to do AML/KYC on their platform if they want to do it to prevent money laundering and the SEC penalty. That means there is no legit exchange that will run an IEO on their platform without asking the KYC to their costumer. If you do not want to send your KYC, do not participate in IEO but find ICO.
there are many projects do not require you to send your documents to participate in their sales.

Dude, participating in IEO is good and profitable in large exchanges, and the average large exchange now requires KYC to verify safer, so I think it's reasonable for KYC because for security purposes, you are looking for IEO Exchange where there is no KYC I think this on a small exchange and that does not guarantee that IEO will succeed. think again Friend.

sometimes KYC is required that you seriously participate in the IEO because maybe with that withdrawal limit will be raised, in the past the binance when issuing IEO fetch they require members to do KYC and scramble ieo and no one disputes it, because they know that binary market is the largest at this time, then the policy is now removed because it now has to hold several BNB for 1 month.

Most of the exchange nowadays are requiring KYC due to law regulations that they need to follow too, and since IEO is conducted at exchange, so if you want to invest you have to follow the exchange rules. IEO is way better than ICO as it is more legit because the exchange itself is acting as an escrow and evaluating the project too.

Yobit.net
Livecoin.net

At the moment in my mind only these 2 exchanges let you join IEO without KYC. But I won't recommend joining these IEO's without proper checking like previous IEO's ROI & Exchanges reputation. Without a regulated market, it's very risky using these exchanges. I don't see any team information about these exchanges.

This a cryptocurrency world, i see it walk toward centralized, and controlled by governments.

I think a number of large exchange sites that have IEO programs provide the obligation to conduct KYC and must be able to get away from KYC to be able to participate in IEO because usually this consumer data from IEO will be used as collateral when the project fails there may be a policy to return funds to investors or other policies that use consumer identity.

KYC "Know Your Costumer" is a very important procedure for knowing a company's customers. Previously KYC was intended for several ICO companies when the sale was in progress, investors were asked to submit KYC forms if they wanted to participate in ICO. For IEO, usually some exchanges ask participants to fill out the KYC form if they want to participate. But for some people, KYC is data or privacy that cannot be found in the crypto world. Investors and whoever is involved want their names to be anonymous.
If you want to participate in IEO, then you must also send KYC as an exchange organizer requirement. There may be exchanges that do not have KYC rules for their potential investors, but if KYC serves as an investor protector then you must follow these rules.

Look for Initial DEX Offerings (IDO)

The first and only platform so far (I think) who have done it is Binance DEX.
Here are some projects who launched their token sale there:
- https://medium.com/ravenprotocol/introducing-the-raven-protocol-raven-dex-launchpad-abc6b7725b9
- https://medium.com/@CubiexeSports/cubiex-ido-initial-dex-offering-on-binance-dex-details-e0088788811d

Edit:
I thought Binance DEX don't require KYC but upon reading on those two articles, KYC was also required.

We all know where these exchanges are ranked among them,Livecoin may not add shitcoins like the other but if they can accommodate them they are not reliable for IEO. If you had not lost money in this space then you came yesterday and the loss in ICOs had made people careful, IEO is not better this year but safer with some exchanges. The ability of users to trade without KYC does not give them a better ratings, avoid losing fund to scammers

The best exchange i will advice you to join for better IEO investment are top exchanges like gate or binance and its a must to go through KYC, kinda necessary to avoid money laundering or scam acts, i think your KYC detail will be safer with top exchanges

I'm sorry, as much as we don't like giving out our personal info, it's looks like this will be the norm in the coming years as exchanges are soon going to require us to submit KYC for verification purposes.

So it's going to be difficult to not send anything if you really wanted to join an IEO. And remember that IEO's are being run by reputed exchanges so most likely they are going to require all investors to undergo KYC procedures, sad but true.

As far as I know, the top IEO platforms are requiring KYC. If you will give it value, then you will really undergo KYC. If the platform is not significant to you for as long as you can invest in an IEO without KYC, then you may go for less reputable exchanges. I guess we all share the same dislike with KYC but since that is what the laws require from the exchanges, they will implement it whether we like it or not. And most of the time, we just gladly comply.

To be real, if you want to invest in a good IEO, KYC is a compulsion. There are many shady exchanges like yobit that claims to provide you profitable IEOs without KYC but most of the coins hosted by them are ponzi of a short. If you really don't want to give your personal data, you can buy the coins of IEO after they gets listed in the exchange.

Many countries restricted crypto investments or having money laundering against laws for that they need to know who were their customers.

Why you are going for new crypto investments better invest on the anonymous projects and coins which is already available on the market.

I guess you can only find unknown exchange to have that one.
If you trust the exchange you want to buy an IEO Why are you affraid to pass kyc this is part of security that you are not belong to restricted country that unable to buy that coins by IEO.

KYC is mandatory for any exchange site that launched the IEO program. What already offered in IEO application can be considered as a security offering. That means the exchange site must prevent those people who are coming from the countries that already declare to ban IEO. It can be done only through use KYC as the best decision to avoid people from those countries to participate in IEO.


Besides to prevent people from restricted countries to participate in IEO and the meant of KYC was to comply with the regulation, it already applied in so many countries to follow anti-money laundering regulation.

Some exchange sites are accepting IEO investors without KYC. It's too big to fail decision for you. I'll not recommend you to participate in there. 

I just heard that Jubilee holds IEO? Are there successful IEO projects in Yobit like IEO in other exchanges? and how to see IEO in Yobit, I often open Yobit exchange but can't find the IEO lauchpad.

Centralized exchange is need to KYC to avoid money laundering and its mandatory if you want join IEO
But small exchangers is not need required KYC for participate in IEO, but you should avoid small exchangers if you want to participate in IEO

KYC is mostly due to regulations and AML policies.

I don't know any stable exchange offering IEO to allow non-KYC participants. And even if you found one, I suggest you be very very careful due - It's a regulation requirement investors to pass KYC.
While you could use most of the big exchanges for crypto-only deposits/withdraws on low limits without KYC, IEO are into another regulation frame.

all IEOs that are on small and large exchanges as far as I know do not yet need KYC to participate in IEO sales, if you want to avoid kyc problems the best way is to join with other people who want to also buy IEO it's just a bit risky because if not be careful we are actually trapped by scammers who take advantage of this, or the best option is to buy the first time the IEO enters the market, usually the sales price is still not so high.

KYC most times is required for regulatory purposes, mind you that most exchanges, if not all, doing IEO are centralized exchanges. Decentralized exchanges still lack the capacity for IEO as at now, due to some major drawbacks. It's a matter of choice, if you don't feel comfortable giving out important information, then wait for listing and buy in early.

I don’t think any legit exchange will be launched IEO without asking KYC. I think KYC is required all of the IEO projects even most of the ICO is asking KYC. If several poor quality exchanges will offer IEO launchpad projects without KYC i don't know about those shit exchanges. But you have to pass KYC in most of the reliable projects which are highly transparent exchanges. There are no way to participate in IEO not using your KYC documents. Because all of the exchanges are centralized.                     

I don't think there is such an exchange. all IEO exchanges require KYC. so you have to accept it. but my advice, if you want to invest in an IEO project, better choose a project that is in a large exchange. so you won't hesitate to give me your kyc data

KYC has become a norm for exchanges even before the IEO thing started. KYC has been there right since ICO days. The thing there now is that KYC is much enforced in IEOs in order to remove participants from unsupported countries from participating. Right now any exchange which doesn't ask for KYC for IEO might seem cool, but that's questionable.

Looks like KYC won't be a problem for some people on big exchanges even though they can be hacked(like binance) but it's atleast safer than shady exchanges. Whatever you can still lose money on IEO/ICO as the market is not ready for them yet.

not so much option for you but not to join the IEO instead. I can't find any exchange anymore that doesn't ask documents. What you can do is wait for the tokens to be listed on the exchange where you once submitted KYC. If you haven't done so not even once then you are going to be looking forever. Even the new exchanges are asking all these documents with selfies.

KYC seems to be becoming the norm when it comes to many IEO projects. It is a just a matter of choice, you either stick to it or let it go. Generally, almost everyone don't feel comfortable giving personal details such as information on ID cards and passports. Sadly, some of this projects with rigid KYC process end up as scam.

all of centralized have term to their user to passed KYC before using their platform for start trading, because for passed any regulation where in the country from exchange operating service, so this is way to exchange safe user fund from fraud and scamming project when they decide join in some IEO

Yobit.net,livecoin.net,binance dex ( https://www.binance.org) not ask for kyc. Which exchangers ask for KYC they are legit and those exchanger is not risky than the other. Only reputed exchanger ask for kyc. If you passed your kyc then you are safe ( they are not Going to lock your account). Also there is risk that your identity can be stolen if tge exchanger hacked. But possibility is low. I prefer to join those website that ask for KYC ( if i want to join in IEO).     

To understand why this is how it is nowadays, you have to understand the fundamentals of money laundering and its prevention. To lay it completely clear for you , IEO is a possible way of money loundering so the ones who are doing IEO has to oby the law, if the dont , they can get in trouble with law. If platform is not asking for KYC, then it is a BAD sign not a GOOD.

Why are you looking for an IEO that does not verify KYC even though what I know is Binance, Huobi, Bittrex requires KYC if there is an IEO being done, I can't understand it with you, don't be afraid if KYC is handed over to a safer one.

If i want to join IEO this mean i have to send my ID to most of the exchanges, Binance, Huobi, Bittrex ....and others, why i have to do this, why i have to send my ids to all this exchanges and my id exist in many exchanges.

You are right. Besides, it doesn't hurt to do KYC if the exchange is trusted and compatible. KYC is one of the terms and conditions for using the services of the exchange, usually affecting the minimum limit for withdrawals. So even though there is no KYC requirement for joining IEO, you still have to do it to get maximum service from the exchange.

KYC should have limitations by devs. Now with KYC I have to provide them same signature, this means video call isn't too far for KYC submit. Now I'm giving original signature to complete my KYC process. I don't find any exchange without KYC.

I know that Livecoin allows you to do this.

But honestly, I wouldn't recommend you buy any IEOs off there. Only unregulated, pump and dump IEOs would be interested in getting listed on Livecoin in the first place which means that it's probably not the best idea to invest in them.

The thing is that regulation dictates when and where KYC is required, and IEOs are certainly one of these sensitive categories since it's considered a sale of a "security". So in the future, maybe even Livecoin will conduct KYC. Who knows.

KYC is one of the unfortunate compromise some make since the cryptospace now allow for some sort of government regulations through exchanges.That is one of the reasons the future of cryptoexchange is  like to be Dexes. Centralized exchanges seem to represent one of the biggest point of failure for cryptos

I think the OPs concern is the fact that cryptocurrency is fast deviating from secure, centralised, privacy space to a more open and tolerant space which is in bid to accommodate the rules and regulations of financial operations in the centralized world. If he's only interested in IEOs, them I am afraid he must pass through KYC unless there's a Dex offering IEO sales. But if he can't, then the only option is to buy from exchanges after IEO sales. That's the most obtainable for OP

Sure, thats why KYC is mandatory for users. I don't recommend KYC and it's up to the exchange users but there are some features that can't be used if haven't done KYC
And i think almost all of exchangers apply limit for withdrawal if users doesn't submit KYC

Limit withdrawal is definitely what will you get if choose to refusing making a verification for the KYC. It's the Anti Money Laundering program issued by the government to fight against money laundering and any exchange that refuses to implement such a thing will definitely be cracked down regardless the amount of userbase more specifically if the exchange is located in a developed country. It's sometimes fine to submit KYC if the exchange is already confirmed legal and under the regulation of certain country that you can trust.

almost all exchanges have term for their customers for withdrawl.they require kyc if we want to get best services.for example , if we didnt KYC withdrawl amount will limited till 2 bitcoin only.if exchanges has several tier for KYC with different limitation about withdrawl.we should not be worry when we sending our personal data if we choose the right exchanges that have good reputation on cryptocurrency market.

Inevitably we do have to follow the rules, right? Especially if you want to effectively withdraw fiat from an exchange is by transfer through a bank. I think it is not detrimental, on the contrary, it provides security and can improve the services of the exchange which is usually related to the minimum withdrawal or transaction limits. Moreover, if there are technical problems such as forgetting passwords etc. it will be easier to manage if our account is verified.

That's right, for the sake of comfort and safety. Moreover, quality IEO is on a trusted exchange, so it's okay to do KYC there.

Sometimes, it is actually surprising, but most of them request for it, perhaps because of laws that require it. Well, I am yet to get to the root of it myself. If KYC will be an issue, then wait for it to be officially listed, which might be easier to buy, without  KYC.

For the KYC process at the time of purchase at IEO, this may have to be true of data collection because the exchanger must also know who is buying it and also from any country. all information must be open and clear to the exchanger when it is needed for an audit by the authorities

Due to some regulation they need to require it to customers, because there are some countries that are not allowed to participates, this also prevents some bots and fraud so KYC is important with IEO.

I think all CEX now needs KYC, whether it's for IEO or not. so one by one way might be with DEX, but I doubt there is a dex that has an IEO service. even if there is it is very risky, because in ordinary exchanges still have the potential for scams.

It's annoying to have to give up KYC because it is confidential. But when viewed from the exchange's point of view, it is clear that they just want to know who their customers are, whether this customer will commit a crime or not like money laundering, and And also to avoid punishment from the owner of the regulation. Also, exchange reputation is also at stake there.

Yeah this is an issue for a very long time already, starting from ICO's,ITO's and now IEO's the KYC is the common problem of investors that wants a privacy with their personal details.

Right now there are very few that didn't ask for KYC if you want to participate in any IEO's that were launch by big exchanges so I guess it will be best if you can find an alternative with regards to your KYC if you like to participate in any IEO's. Like buy someone's details instead of using your own details but it is kinda tricky and not a good idea but there are others that are doing it.

Welcome to crypto. KYC in a centralized exchange has been a norm, this is maybe due to regulation since there are countries that are not allowed to invest in crypto currency. If you want to invest in crypto thru IEO, you have no choice but to comply. To add, some exchange requires KYC to increase the limit of your withdrawal.

its best if you want to follow IEO in large markets such as OKEX, Binance, Bitmax, Kucoin. all four exchangers require KYC to participation in IEO. so you have to send an ID, anyway I think sending an ID to them is very safe because the exchanger I mentioned is very trusted.

They also protecting their interest what if someone trade there with massive coins which has been hacked by someone and trade it on their exchange? Of course they will be drag down to possible idea of scam exchange or collaboration with those hacker. Many exchange are speculated to be like this, so people impose KYC to sort and trace whether the funds is from a real investors or traders not from money launder somewhere esle.

Most of those exchange are asking for KYC since they are also required by the laws who covered their permits. Since you are concerned with this
procedures then it's better to buy those coins after being listed as leading exchange allows you to purchased listed coins up to 2 btc without processing
KYC, it's won't be an issue to invest and not be bothered by providing personal information which will continue being anonymous while investing around.

It is better to participate in IEOs that doesn't require KYC. Most of the investors are willing to participate in IEO that are not requiring KYC because they know that their identity is safe.

I see avarage larger exchange now required kyc their customers i think it will be good for participating IEO with kyc moment. But if you won't submit kyc then you can avoid those projects who want kyc passing for participating IEO, basically more ico project here don't want kyc so you can participate without kyc here.

Many people are concerned about the disclosure of personal information when KYC, this is completely understandable. Even leading exchanges like Binance reveal user information. But KYC also has positive aspects, in addition to participating in activities of exchanges such as IEO, it also helps ensure your assets are safe. For example, if you lost your 2Fa code, If you have KYC, it will be much simpler to get back.

Avoiding KYC is your choice, I am also avoiding projects that require bounty participants to undergo KYC verification which I feel unsafe.
It's every individual's choice whether you participate or not. If you also don't want to submit any information just to receive your reward, it's better to avoid them at the very beginning.

There's one that comes to mind -yobit. They hold IEOs with their weird profit policy where they basically buy back a set portion of those tokens every week, eventually so they are buying 2x of the amount. It's a bit weird and I haven't tried it myself so I can't vouch for it.

It's not really going to be possible for you to find investment options that don't include forced KYC, there is a lot of legal work that needs to be done by the company and the exchange to allow them to be able to hold crowdfunding events and profit off them, and anti AMl and KYC is a necessity for them.

For IEO, I actually support the KYC process as a way to collect data from exchange parties who make investments. but for things like bounties and also a little airdrop I'm about because this can be a misuse of the company and also actually there are other options if they have the process for auditing fraudulent participants

There is no IEO without KYC, so far I have never found it. In my opinion KYC on the market exchange is more trustworthy (trusted, 7 out of 10) than doing KYC conducted by a project whose project could end up scam and could misuse our identity.

KYC for IEO participants is in my opinion important to know customers from IEO. In addition to getting to know the product customers, KYC is also useful for security for investors themselves. I don't mind if IEO requires KYC for participants, but for airdrop and bounty it feels a bit heavy.

Yes, there is some exchange that doesn't ask KYC for IEO! You can try to participate in their IEO sale, but I can confirm you that, your investment will go into vain, even you can get scam easily. If you need those exchanges name, you may PM me. Lol!
KYC is a very common issue nowadays! Even I am doing KYC in a reputed place! KYC can't remove a scammer from the crypto, but it can help in potential exchanges! Without doing KYC, sorry, you can't participate in any potential IEO!

There are some exchanges that dont need to have a KYC for that, but there are some projects do their IEO on their Exchange that needs KYC.
We can choose not to send and not to invest also, but some really need it as it will one of the best things to have so they can filter the investors.
Some countries don't allow their people to join any of it and still, they are trying to.
But I also hope that KYC never launches in cryptocurrency.

If you want to join IEO provide your ID. Today no other crypto is allowed to go anonymous and it is absolutely necessary to prevent scams and other incidents that we do not expect. So if you want to properly and without fear of theft of invesment, join the IEO where they know their customers well.
Because you join the IEO where KYC does not need you may only lose because these coins or tokens are not properly regulated by the exchange.

I think most large exchanges require KYC for security and verification. IEO is now a good solution for investing in crypto after many frauds occur in ICO. IEO requires exchanges that cooperate with the project developer. And later the project developer will send tokens to the exchange and the exchange will sell tokens to investors. exchanges need KYC to be clearer and safer.

KYC is not a guaranteed that IEO project will be successful but it is a must for exchanges to implement KYC for IEO participants, you must be careful of exchanges that does not ask for KYC to participate in any IEO project, its not safe at all

I think it's very rare to see IEO without KYC. because most markets have regulations in knowing their customers, because of that KYC is really needed to follow an IEO, especially in a market that has a large popularity. for now, it is very rare to see IEO who can participate without KYC. There are many reasons why exchangers need to do this, such as knowing customers, preventing money laundering, scammers, and many other things.

I advised to go with yobit, even it may has a lot of shitcoin and spam but can make good profit.
I do not know if this true or no

There are a lot of exchanges that do not need your KYC documents, but generally all those exchanges are trash. All solid exchanges like Kucoin, Gate.io or Huobi requiring your documents to complete the KYC process and to allow you to take part in IEOs on their platform.

Yes also BitForex is requiring KYC which for me is good if this is really required then nothing is wrong with it.  Giving Kyc in a legit and credible exchange is good if we really want to invest in IEO. Besides, I prefer investing IEO in good exchange.

If you don't want to send your KYC, don't participate in IEO. a project that they hold also requires trust from you. and many IEOs don't need KYC but don't be disappointed with what you do for it.

If I remember correctly, Binancechain made IEO sales. I even remember it explained it shortly before it was created. But not all IEO sales are in BinanceChain, so if you only work with them, you can only get what they offer. I do not know how much this would suit you, but for me the key factor is project, not exchange. I do not think any of us would give up if we had a chance to protect our privacy.

Exchange that are regulated are required to require KYC to their clients, that's basic.
If we like to enjoy a full privacy, we should not allow regulation in the space which is impossible since its the only way to gain adoption.

We've seen the effect of no or lack of regulation, there's a lot of scams being tallied in the crypto space, we don't want to see that increasing as that would destroy the future of crypto, whether we like it or not regulation is going to happen and every exchange will require KYC.

I actually support for every IEO having to do the KYC because it is feared that there will be money laundering carried out by certain elements with the IEO method and also if there is a KYC process, it is easy for the exchanger to know who is investing in their IEO for the needs of financial statements on their exchange.

KYC as a condition for investment control and accountability if needed later, if you don't like IEO like this, there are still many other things like ICO that appear freely.

This requirement applies because they also need to guarantee both parties in terms of global financial policy, for example to ensure countries that prohibit their citizens from following this, their reputation as accelerators is also accounted for here.

Truly cryptos transaction is meant to enhance privacy but exchanges running IEO are concerned about legal and regulation issues that can be used against them by government. So they need to be sure of who are investing in their IEO.

sadly , i cant find IEO from popular exchange without KYC requirement for their IEO.
because i just searching from popular exchange, u know why, because its totaly minimalize of risk from Low ROI and scam project, well, although for that I must be willing to provide my personal data.
for me,it's worth it.
You can choose to remain anonymous but risking your money with Ghost IEO , or vice versa.

I don't think it would be possible to participate in an IEO without doing the KYC because if they do it that way, many criminals would abuse it and money laundering is still an issue, all these things are why exchanges insist on the KYC and also to meet regulations.

There is no way, yes we have to send our id if we want to participate, you can wait until ieo finish and start buy it

I strongly doubt that too. Most of these exchanges operate withing countries with anti money laundering laws and by extention applies to all financial institutions withing the confines of the country including cryptocurrency exchanges. So, KYC is a basic requirement for all IEOs. Its best to buy from otc or at exchanges after sales if one can't give out his or personal data

To consider, our safety is also the factor why we need to pass the KYC required by the IEO's. Basically in binance, the KYC isn't that hard, what we need to do, is to do it the way we know legal, and to follow the instructions, as long as we are submitting details to exchanges which are proven effective and real, they will return our effort with their promising user interface and trading platform.

Although it is a debate that KYC is actually also good for collecting data on everyone who receives funds. This should be done if the exchange has a problem, they know the funds from investors who already have data so that the registration process is much easier. besides that the existence of KYC is also possible so that there are reports to the government regarding the data of everyone who has registered

agree. so far I also don't really like KYC, and I like anonymous crypto. but, due to regulations, almost all IEOs need to do KYC. because of that, we also can't avoid that. for now, IEO is popular in markets that have KYC regulations for their customers. I suggest not to take the risk by following IEO without KYC, or in a market that has low quality without KYC.

To admit, I have not met exchanges conducting IEOs and not requiring the passage of an identification procedure, except for the two you listed.
Identification is necessary in the first place so that the project is not financed by dirty money, because in this case the project may begin to have problems with regulators and, therefore, the exchange that conducted the IEO too.

yes, i agree with you we do not have to send our id, and a lot of exchanges do not request id, so we are not forced to use this exchanges

Most exchanges now register if they register, they must force us to KYC so that the process of loading and withdrawing takes place better to avoid other problems. requested, I have not met any broker that does not request KYC when IEO.

well , u know what, somehow, i just think maybe 3-5 years from now, any people who want have/buying altcoins must do verification of personal data, I just think, in the future regulation will really be global.
I just don't see any chance to keep us anonymous, privacy coins being be bullyed by goverment,decentralized exchange still have no future.

KYC becomes the new trend because of too many scam projects lately. There are many in crypto that are against KYC but later on some of them understand that KYC is needed in order for projects to get approval from their countries laws.

KYC is indeed needed to see about the investors that are in it, and it is needed to judge whether the investor is genuine or just a bot and I see the KYC side with that function.

But to do KYC investors must be careful to do KYC especially projects that don't have much trust from the community

Now agree with you that indeed the IEO process itself should indeed have a KYC method for supervision for Scammers when they want to do money laundering there they can clearly know the personal data of everyone who trades or invests in an exchange.

I'm not sure what gave you that impression, but services don't give a shizzle about KYC/AML.... services comply with regulations because they are forced to do so, all because the government wants more control.

For a long time a lot of services were free to use without any type of personal information. BTC-E had a daily withdrawal limit of 100BTC before they were shut down, a limit which they had for several years and it worked just fine.

I miss these old times.... I'm sure that if BTC-E was still up and running and continued with their non KYC service, it would be one heck of a popular exchange today. Government agencies are the real criminals. That's a fact.

sometimes something new needs adjustment. I think they are also forced to follow regulations like that to maintain their exchanger. for now, we can only see how this development applies. I know that the KYC treatment is very much against decentralization, and also the anonymous nature of crypto. but KYC is also needed to prevent some risk like money laundering and others. people who have to blend in with the cryptosystem, or crypto who have to blend in with the community system, I think that's the only choice.

I am also against spreading my ID around on the web, just seen too many cases of misuse and trading...
I am not sure if there is any exchange holding IEO with no KYC... maybe smaller exchanges, have you checked yobit, probit, etc?
lately, even cryptobridge which was a DEX, robbed my funds and demanded KYC to get them back... so don't know if you'll find one with no KYC

If you are not willing to give IDs to the exchanges that KYC needs, you better not join IEOs because you have a high chance of being scammed by them. KYC is required to identify the customers who join the IEO it has been implemented so that the customers have the assurance that their investment money will be returned in the event that the IEO does not succeed.

Like the name implies "kyc" it means know your customer, and if you are participating in an initial exchange offering,you are definitely going to submit your identity details, so it's up to you to participate or not but the rules for IEO remains that kyc has to be carried out.

Make investor interested with IEO or ICO project by giving free way to invest without have using KYC, many investor dislike if find with ICO and IEO project using KYC for investing, without submit KYC we can't invest and participated on IEO or ICO investment project. Investor never give detail data for any one and public investment website because can use for wrong person.

Just because an exchange that runs an IEO and doesn't ask for KYC doesn't mean it is not legit. I would rather trust one that didn't ask these things. KYC is there to annoy and control us. Thinking anything else is being gullible.


How does giving someone else your KYC "insure" you will get your money back if the IEO fails? YOu just said you have a high chance of being scammed.


What scammers?? Please explain?


Where do you come up with this?

Actually, there are many exchanges not requiring KYC to use them.
You can use binance and you don't have to submit any docs to verify your identity if you deposit or withdraw within the limit.
About IEO, i think most exchanges will requiring you to submit KYC docs before join IEO.

It has always been a debate about the KYC issue, because on the one hand it really needs KYC to prevent scammers.
And on the other side, there are several exchanges that use customer data for personal interests can't do anything about
this. My advice if you don't want your data to be misused it's better not to participate in IEO, but if you want to participate
in IEO, inevitably you have to comply with exchanges as the organizer. Because rules must be obeyed, not to be violated.

Many cryptocurrency exchanges can be used without completing the KYC, but just only trading as trader.
To joining IEO, of course one must completing the KYC requirements because they are investors now, not only as a trader anymore.
Most of crypto projects that running ICO/IEO are requiring the participants to submit their identity details.

KYC is a double-edged blade. It can help us to eliminate scammers but it also sacrifices the anonymity we enjoy. Whenever I cash out some of my coins, it is mandated by the financial institution where I pay out the money to have KYC. It is okay for me since they do not asking questions like where I get the money or whatnot. But KYC in IEO is in different degree. It could really help the exchange to be safe from scams but it needs something big from its investors.

It is easy, simply, do not buy tokens in IEO phase and wait for classic exchange listing. We are in the bear market, so calm down, price will go down in most cases after listing.  ;)

KYC isn't bad at all, it's only a protection imposed by exchange to avoid such users who can be a criminal or just someone hacked some tokens he will trade. It happened a lot before, so they just been protective over things. IMO its also not safe to give some personal data but nothing we can do about it. Just make sure you only give youre info on trusted one cause if its fall on an known entity there might be some identity theft or misuse of youre name in the crypto business which could lead you to worse.

that good strategy in bearish trend.buying coin in IEO didnt give us profits guarantee at all.we must able to recognized risk and opportunity in current condition.we know current bitcoin price drop again on around 7450, and the only good thing just wait till it hit the bottom on round 6000.we could buy bitcoin and ieo token in market, so we get the best price.

You can join with IEO exchange without KYC but only with shit exchange market want to allowed member without KYC, big exchange market listed IEO coin like Binance, Bitrex, Kucoina and Gate need KYC before become investor with IEO coin. Maybe you can ask to other put your money for your friend joining and investing with IEO without use your document for KYC.

Only few exchanges have not requiring KYC, luckily if you have a coin listed on this exchange like Binance, Coinbene, Kucoin and HitBTC and most of the IEO being developed today are build with KYC upon participating. This is for the privacy of everyone in the exchange and to eliminate scammers.

KYC will be useful if used properly. I agree, if the exchange has a good reputation, then we don't need to hesitate to do the KYC process. different from the exchange whose credibility is not yet clear, it will be dangerous if we do KYC, because they could have misused it, Moreover, the crypto world is a global world, of course it will be very detrimental for us

In your own way, it is true that the electronic money is available to each individual, but the current exchanges are often required to verify KYC, and I recommend that iCO has a number of often non-compulsory projects.

For IEO on the exchange without KYC, you may be scam afterward.  This is my personal opinion.

And choose well known exchange before making a kyc its dangerous if you just give your info to new publish exchange without proving there self to be trustworthly .
 There are a good stablish exchange that you can use if you just want to buy an IEO coins.

I know a good one with all things you have mentioned. bitrexchange com is the name. All your requirements are met

Yes, as I have heard, they apply credit cards and work with legals. No problem here. I use bitrexchange every day to get BTC fast

If the exchange does not require an identification procedure in order to raise funds, it is unlikely that such an exchange can be fully trusted.
Because according to the jurisdiction of most countries this procedure is necessary.
After all, terrorists and drug dealers can sponsor projects in this case, even if the project is successful, but it turns out that someone used it for money laundering or other criminal purposes, the project will be discredited on the world stage and will not be able to achieve proper success.

Actually I think it's very necessary that exchanges should require kyc Qualification in ieo so as to not break SEC rules. Some Nations have prohibited its citizens from participating in icos/ieos. So kyc enables exchanges to tell which user is prohibited from participating in IEO.

They have wide range, gram for example.  8)

http://www.birtexchange.com You can sign up and spot the price

I've bought there many times, really safe place for exchanging

I am not sure if every exchange that has an IEO will require the same.
If you don't want to reveal your identity, then you can hire someone that you know to submit his information if that's the only way to participate in IEO, otherwise, the last option would be just to wait until it begins trading and hope that the price will dump so you can buy cheap.

I think that if you don't force KYC users to join IEO, there will be a lot of manipulating investors and they can control that coin anytime they want. In my opinion KYC is necessary in large IEO projects so if any exchange does not require KYC users, it is best to stay away from that project. In fact IEO is the fastest way to make a profit but the risk can still happen if the market falls.

Now the IEO trend is still a lot of people choose and don't worry about KYC because everyone must be fair when participating.

Well, even when you want to trade in large numbers, KYC is also very necessary, so when a project is doing IEO on popular markets such as binance, it seems like doing KYC in binance is not a bad idea. binance is one of the best markets. Not much IEO is done without KYC because it all has regulations. I suggest not to take part in the IEO if that happens, because when you want to invest in IEO, I suggest supporting IEO in popular markets, but all of them need KYC to participate.

The average large Exchange that holds an IEO such as Binance must include KYC to know detailed information about the customers or participating investors. Even not only IEO, for large exchanges usually have to include KYC also to complete their profile. If you ask about IEO that doesn't require KYC, the answer is there, but it doesn't guarantee it's success.

If you will entrust your information better to do it with reputable exchange, IEO offerings is a good venue for investment if you have enough time to investigate and review regarding to the plan road map of the developers behind. It's not bad at all if you will provide your KYC inside known exchange
who are practicing safe business.

It's better to take the risk of submitting KYC to a reputable exchange  than risking your money with exchange that is not requiring anything but you can't trust the service.

We still have to trust Binance although they have a problem with their security about the information leaked.

https://www.coindesk.com/binance-kyc-issue

This one was once the hottest issue but still a lot of people trust Binance.
Because of that leaked, they do this thing to compensate the affected users.

https://cointelegraph.com/news/binance-offers-lifetime-vip-membership-to-kyc-leak-victims

Of course, this market still has exchanges that launch IEO without requiring KYC but you are right when you talk about high risk and success rates are not guaranteed because these exchanges often do not have a great reputation in the community, they set up IEOs and accept these IEO projects just to attract investors, they operate according to market trends and movements. And we should still understand that KYC is to limit the number of participants, avoiding the case that many people use multiple accounts to increase their success rate.

IEO now needs to register and to AML, KYC SEC existing deal has been agreed for all those who wish to participate in various IEO. ico does not need to use your KYC should be more careful to avoid scams ico choose a project legit but somehow for future projects as more projects Ico die.

In the past I've seen cz not admitting the leak though although I'm maybe wrong but isn't giving away lifetime vip membership to kyc leak victim is a confirmation?
I'd prefer my KYC not to leak than this measly lifetime vip membership which I don't know whether the exchange will still be there after 5 years. but I guess after this leak they are trying to strengthen their security so it's not wrong to give them a second chance but still kind like a turn off. If I can I'd just prefer not to submit my ID.

We see KYC function for both parties, even though you are worried about your identity, but it is a rule, exchange also wants to be responsible for anyone who makes transactions on its platform. If you do not believe in that exchange, then do not enter KYC.

I am not sure if project has the right to make its own rules on its IEO in an exchange, but exchanges have different rules. I saw yesterday 'Thaler' project did an IEO on Vindax exchange, and didn't require KYC to participate.

Source: Ask to Thaler telegram group. (http://t.me/ThalerGroupChat)
Disclaimer: I am not a promotion or part of Thaler project or Vindax exchange.

except for Binance DEX i think some DEX platform don't need to ask KYC for their user, because this platform are running stand alone, and anyone can using and trade on the platform anytime.

other than some Centralized exchange who don't ask KYC for their user is strange, because this is need to manage user information and some regulation when the service running

In my opinion the presence of KYC only complicates, instead the presence of KYC makes people afraid of investing in ICO or IEO for fear of their data being sold, crypto is different from banks so KYC is not needed.

Exchangers actually do not need KYC if we only open an account to buy or sell, but if we want to participate in IEO, exchangers require KYC to comply with regulations. Actually there are other advantages to KYC at exchangers, we can withdraw funds with a higher limit and I think we need not be afraid to do KYC for reasons of our data security because the exchanger will not dare to sell data because it is bound by data security regulations

Big exchanges are usually very reputable and always ensure the customers' information in the safest way. I think they have a big budget so selling information is not necessary. In fact, I only participated in IEO at the mandatory exchange of KYC users because this will eliminate many investors who want to manipulate. Not all exchanges will help you to profit from IEO so please consider carefully when participating.

The best advice for you is to join IEO at Huobi or Okex because these are the only two exchanges that help me make good money from this market.

Yes, actually, there are exchanges who doesn't require KYC, but most of the legit exchange requires it, so for me, KYC should not be a problem at all, if they are from a well known exchange, you don't need to hesitate to do KYC they are just complying with the regulations KYC/AML.

All the cryptocurrency exchange that supports EIO have their KYC. Latoken and binance exchange has KYC before you participate in different IEO project. I know some of us to hate submitting KYC because of our privacy and some of us scared it might be exposed or might use it in any illegal activity. Lastly, if you do not want to pass KYC in any EIO maybe you should join in the ICO project because some of them do not require to pass KYC but take note it is not totally secure unlike in IEO where most of the project is legit.

Send my ID is not accepted for me, what is the exchanges closed waht happen to our id, before i send my id to one exchange and it is closed now, why we forced to send our id, we looking for freedom

yes it is true joining ICO there are those who are not required to KYC but to join ICO I don't think it is right, ICO is no longer reliable, there are many ICOs now failing and leaving it alone.

You are right KYC must be for big investors not for small investors or low-rank exchanges IEO. But almost all IEO conduction Exchanges demand KYC. I personally suggest please ask KYC from those investors who invest huge in IEO or ICO.

Most IEO exchanges request for kyc as its very important and mandatory you pass it before you could purchase a token which is absolutely incredible but won't stop scammers from invading still and won't stop fake projects.

IEO can be use for scheme also. Not the IEO itself but the exchange. So be careful participants on such activities. You don't wanna give your money for free. Unknown Exchange which conducting IEOs are taking the buyers which will attract the customers to buy. That's where the scamming enters. You and the project are both victims. So trust only the reputable Exchange to participate for IEOs. KYC procedures is an indication of good security. They don't wanna give huge amount of IEO token for one person only. They provide KYC to promote equal distribution of token.

Of a truth, most of those who participate in IEO make profits except for some that turn the other way round and for this, a lot of them have given out their personal details in order to be able to join those ones. Yes, this is the kind of profit so many of us want, therefore, if you want to join them, you should comply.

Unfortunately, the KYC system is introduced almost everywhere. I don't like it either, because it contradicts the idea of a cryptocurrency that should be anonymous.

Most IEO exchanges request for kyc as its very important and mandatory you pass it before you could purchase a token which is absolutely incredible but won't stop scammers from invading still and won't stop fake projects.

Understood

I think there is no exchange that runs IEO but does not use KYC.
You can visit Exmarket, there are lots of new altcoins and there are some airdrops you can follow when trading.
there are now many exchanges that run IEO and have different rules

I think there is a Binance Exchange, he does not use KYC to follow IEO and especially ROI there every time my friend follows IEO there and it is very profitable even though I have to wait 1 month to launch IEO on Binance Exchange

No, Binance requires KYC in order for you to participate in the IEO. They would get into trouble if U.S customers are ablr to participate in such activities.

Only a Dex exchange will not require KYC, there is no centralized exchange that will not ask you for KYC, most exchange that we have right now would like to abide by the policy of the government since it involves collection of money and if they don’t do that when they have any issue that has to do with money laundering, the authority will really use it against them which is what none of them ant at all.

The only way you can abstain totally from KYC is when you stay away from centralized exchanges which I really doubt that you can, because they are the ones that still have the largest volume that we need to really make any of our transactions fast and possible and also, they are still the major people handling IEO now, so there is no way you can abstain if you are really interested in IEO projects.

Depend where IEO coin listing, if you want to invest with IEO listing on binance exchange you have pass KYC before make investment because you have limited withdrawal when you cash out your asset in binance, for IEO coin listed with Bittrex you will never can make withdrawal if you not pass KYC because you mush submit KYC for withdrawal in bittrex and limited withdrawal in Bittrex is zero if not pas KYC.

It is true, in the crypto currency privacy is number one, but KYC is also very important to do in exchange because it helps that someone can be traced if they have problems like money laundering, even terrorism, but if the data is hit by a hacker attack it is a very terrible thing , if you want to buy IEO maybe you can use an exchange other than Binance, Bittrex or Kucoin

Other than binance, Kucoin, and Bittrex, so do you mean it's better to choose IEO in a small exchange?
I think if you take IEO in a small exchange it will be far more risky, because the project could be scam because usually small exchanges are more concerned with money than investor security

Binance is one of the most respected exchanges at the moment, so naturally, binance requires KYC for those who want to participate in the existing IEO in binance. if your friends follow IEO in binance, then you can be sure that your friends do KYC there. however, at the moment it is very difficult to find an IEO project without doing KYC. although there are, it's quite difficult to believe. the risk is too big.

Maybe I am the one who really avoids having to give KYC, as you said that KYC is also very important in being able to help track down if there is a problem. but with the KYC, is it more profitable where to give with those who don't. because we know that many projects with KYC fail in the middle of the road, what about the security of our data that has been taken?
this has become a dilemma for events like this.

Possibly, that's why most of the success in IEO are coming from big exchanges, small exchanges will have to gain reputation in order to increase their trading volume and even if the project is legit, but people will still look for a decent volume, an IEO coin that is good for day trading hast a better future ahead.

Look like KAVA is a successful IEO in Binance and can now be traded on the Binance exchange, so it is important that high popularity, investors certainly think if IEO is in a high popularity exchange then he will generate big profits, and have future coins.

It seems nothing! But if you really want to take part in IEO without having to verify KYC, you can try it by participating in consortium (entrust funds to trusted people). This method is usually used by investors with small capital and investors who are concerned with privacy like you. Good luck  ;)

That is strange, i haven't seen any IEO exchange that doesn't force KYC on investors, it sounds weird ok? if you see any just stay away from such exchange, to participate in any IEO sales you must go through KYC, its very important and even all big exchanges compulsory KYC

KYC is a must for all investors or else SEC will penalized such exchange, anything can happen like money laundering or scam related activities, its not safe for you either because once SEC bounce on such exchange its the end

Then don't bother to invest in IEO because to participate you have to drop your ID for KYC verification, and its not advisable to join IEO projects that did not ask for investors IEO, its simply a red flag

I do not know the purpose of kyc for us. Because we are the buyer and we cannot cheat on it. They should pass the KYC on us so that we can know who they are, because we entrust our hard-earned money to them without knowing if their token is worth it and we have the profit to take it.

Investor never cheat for investing with IEO coin different with bounty participants using multi account for joining bounty campaign, but submit KYC for IEO exchange is very important to know which one investor come from, still have country not available for investing with  IEO and ICO like United State and China citizen, give for IEO exchange to know which one not allowed to buy IEO coin on exchange market.

KYC is indeed needed for account verification in the exchange. And if you want to participate in IEO, the account must first verify. And I have never done IEO in exchange without requiring KYC. Binance, Probit, Bittrex all three exchanges all require KYC for those of you who want to participate in IEO.

Yep, even on second-tier exchanges, such as Latoken, you still need to go through KYC to participate in IEO.
Unfortunately, without this in any way, all exchanges seek to introduce this

Some exchange sites are not following such rules caused by these exchange sites are not placed on US territory. It's not their responsibility to follow SEC guidance and regulation.
You should analyze the problem before you will try to say anything about that dude. As you can see that about the fact that people seem lazy to read the whole thread like you.
Be careful about that.

KYC is indeed needed in verifying the authenticity of users, so if investors want to invest in IEO then they must do KYC first. I think if you do a kyc on a large exchange of data that you enter remains safe, because the level of trust in a exchanger that has a good rating is certainly trustworthy

There are IEOs that doesnt needing our verification and it is the IEOs that I looking for. I actually participated in IEOs that doesnt requiring kyc and for me it is not a hassle and many more people can participate in IEOs.

You should understand that investing in any project is an option not an obligation. If you hate the idea of IEO platforms asking you for your personal details, why worry yourself to invest in such projects? In this crypto ecosystem, you have the option to do or not do anything that you feel is not right to you.  If you are interested in IEOs that do not require KYC, spend time to look for them yourself. There are a lot of IEO projects that do not require KYC to participate in...

I think that IEO projects that do not require KYC are often scam projects and not many people are interested in so if you invest, the risk will be great. I don't encourage you to participate in these IEO projects because the opportunity to earn almost zero profit and it is best to choose IEO always requires KYC users because those projects will often be highly appreciated. I recommend that you only participate in exchanges like Huobi, Okex, Gate, Kucoin because these are the 4 trades I often use for profit and of course will require KYC participants.

True, KYC is clearly needed in an exchange, because it can also make it easier for someone to make a complaint to the exchange when there are problems that occur accidentally.

I think it is okay that Exchanges collect KYC of IEO participants to be compliant with regulations. As far as I know, all of the top Exchanges requires IEO participants to pass KYC procedure.

Absolutely right because it will put you on more risk if you participate in an IEO without doing any KYC, given that there are some restricted countries to join in any token sale and if i'm correct most of the exchange now is SEC-compliant so if they are not following the regulation then the exchange itself and the project is at risk.

I am not also into giving out my private and personal details. Although,  i have done it in the past, but i am not ready to continue risking my personal data for any monetary gain, which is most times not guaranteed. This is why if i cannot participate in the IEO, then i should be able to trade when it is listed.

if you participate in IEO that has a method like that then I think you will experience a very high risk because when you participate in IEO held at large and well-known exchange places will always need IEO to be able to participate in IEO that is taking place at large exchange places.

some people will give their information depend on how much and how sure that ieo. as long as it profitable, i think they will give information.
crypto created for privacy, thats why people like trade using crypto. and thats why, crypto a little difficult to accept

I haven't seen one that doesn't requires KYC, even if i did i will stay away from such exchange and project because there is assurance that its a scam project probably planned by the exchange, investors are been warned not to invest on IEO projects from new exchanges i hope they listen

KYC function that is applied by exchange is to find out who follows IEO. Most and almost all exchanges implement KYC. If you are not happy with KYC, without this it will be troublesome, many exchanges require it.

KYCing in popular exchange such as binance will not published your ID to the public, they saved it securely in their database. It's required to do because when you want to withdraw a lot amount of money, they want to make sure it's really you that requested a withdraw.
But if you need to know and invest on IEO without KYC, latoken exchange is one of the goo choices. But yeah, the token that list IEO on that exchange is not good and exclusive as those who listed in binance launchpad.

for me it is not a problem, as long as projects built based on IEO are already listed on the top exchanges like Binance. KYC only applies to investors, if you are a promoter then reconsider if you do not trust the KYC system, or may not be involved in it.

Centralized exchanges majorly require KYC because of anti-fraud and anti-money laundering compliances and to restrict some nations from participating because of some existing laws in those nations. This is majorly to protect the exchanges from damages and government laws.

all who want to invest in IEO must verify KYC, so there is no way to exchange IEO that does not require KYC. but my advice is better to look for a quality exchange if you want to invest in IEO, this is very important because it can determine the success of the project. Quality exchange can also guarantee data security. this must be considered not to use your data by people who are not responsible.

most have already implemented KYC, the regulations made by each exchange certainly have different policies for each of their exchange users. all depends on how IEO can really be trusted by investors. and the best conclusion I think will lead to a good project that chooses the best exchange with clear and safe regulations.

Nowadays every IEO's needs KYC from customer in order to prevent fraud and to stop investors from banned country to join it. You're not obligated to join into IEO's as you can wait for that certain project to simply be listed on the exchange after the IEO ends. Most of the investors prefer this but if the project don't get the minimal capital they won't be listed anywhere so its a double risk edge...its your call which to take it.

there is few exchange that not required KYC to participants on their ieo, because most of them do not accept  investor from United state.
Here is Exchange list that no require KYC for IEO that i know

https://yobit.com
https://app.lukki.io/

I think all the IEO organizer exchanges need KYC. it's different like the ICO system that not all projects need KYC so we can participate in their sales. but the existence of KYC might be an alternative to the absence of a large number of token ownership by one investor. because there is usually a limit to the purchase of each ticket held in IEO sales. if you want to get more, you can join and sell the presale done by the project. the price is also cheaper.

For the purpose of just trading, kyc might not be required, just like in Binance and even KuCoin exchange where you can trade without kyc verification though limited to withdrawal amount but once it has to do with IEO then every trusted exchange will impose kyc, so it's up to you to go ahead with IEO or not.

IEO is a must if the exchange is hosting an IEO otherwise they will be threatened of closing down by the government and may be accused of money laundering. It's really a dangerous business decision from the exchange side not to require KYC because that means they are against the regulation. Although there are some exchanges that requires no KYC usually they are not based on US and have more flexible rules. So it's up to you whether you choose to invest into IEO by offshore exchange or not.

The implementation of KYC will help remove the manipulators out of this market because if it is a leading project, then that project will get a lot of great attention from everyone. In my opinion KYC needs to be implemented at any IEO project because if that project does not require KYC users, that project will definitely have a lot of big risks in investment. I often interested in profit but still consider it many times because nothing can be sure when you join IEO.

In fact, you should only join IEO at major financial exchanges like Okex because they are willing to buy back if the coin is of good value. Of course it also takes a lot of luck to help you make a good profit.

Why investor need AML/KYC of join IEO because minimize the possibility of money laundering.
If you don't want to give out your personal data just wait until the IEO project is listing on exchanger.

I don’t think that KYC rejection is what we should even be talking about right now even, I know majority of us does not like KYC, but this is something that we really do not have any control of, it is their call and that is what they need, and I think the number of exchanges that requires KYC really over shadows the number of the ones that does not, so it becomes beyond our power to even try to reject it because wherever we go, we will always meet it there.

The only thing that we can just do is to try and reckon with an exchange that we know still has some level of respect to some extent and would treat the data's they do collect from us right and not misuse it, which is why I use Binance exchange alone.

I don't see any point in this issue of KYC because despite it, there are still series of scams that it does not prevent. KYC is nothing but a useless collection of people's data which can allow easy theft of their identity.

It's better to join IEO on a large Exchange even though they require us to fill KYC, because we will feel that the project can really be successful, If you are looking for an IEO that does not require KYC then it is only on a small Exchange and many doubt that it can succeed if IEO is done on a small Exchange.

KYC is no no for me in ICO because it compromises my privacy and may lead to data breach. But maybe, I could consider IEO because compared to ICO it is less risky.

there is also no guarantee that IEO in large exchanges will succeed. the problem here is why IEO must use kyc, why there is no option without kyc can join IEO. in some market exchanges, you can trade without having to kyc (for example binance), and why when IEO requires kyc.from what I've experienced, kyc does not guarantee everything as successful or secure.

Because exchanges want to verify your identity and sell it on the black market. Maybe not all exchanges, but with manipulated trading volume for sure. Besides, it makes sense to pass KYC on Binance or Huobi to keep your funds safe.