Latest posts of: Cryptobouy

No one is against the KYC, even though CB was supposed to be a decentralized exchange, but due to the U.S regulation's pressure, they made this exchange a centralized exchange, which shows how much they are scared of the U.S regulations. Anyways, what they did is that they assigned the KYC task to a 3rd party named as "Fractal" and Fractal put a rule of accepting U.S driving license only, which is beyond understanding. I have never seen any exchange, not even a 3rd party who have put such stupid rule. The world knows the grey countries where the fake documents could be produced, that is not a hidden secret now. Google the grey countries, you will see the list of. Fractal needs to understand that driving license in first world countries are the govt issued Photo IDs which has the complete address and all the relevant information on it.
Fractal needs to be educated on this first, even they are Germans, but never understood this, which shows their level of non-professionalism. There are thousands of accounts contacted cryptobridge on discord channel, and after requests they were kicked out from the discord channel. What kinda exchange management is this? What kinda democracy is this? and what kinda professionalism is this that the traders/investors put their hard money into an exchange, hold and trade coins, and exchange was keep earning from the trade of these traders, and now these traders are begging the cryptobridge to help them and they are not listening. This is sick, crazy and retard behavior, I must say. Cryptobridge management is not bold enough to talk to fractal on behalf of the CB traders/community to revise the rules of KYC.I personally asked the CB authorized person on discord, and he had no answer. Like what the heck cryptbridge wants to do? What are their plans? Do they want to be in the list of all those exchanges which got closed and looted the funds of thousands of people around the globe? Does CB wants to be that blacklisted that no one would like to go there for trade even and would never recommend to others?
Cryptbridge management should seriously think on it that what mess they have made from this KYC procedure. A single trade on average is approved on 10 - 20 exchanges worldwide on a driving license and proof of address. Why someone would need a U.S driving license if he/she is driving in other part of North America, such as Canada.
Please convey this message to the CB, no one is against the KYC, but this rule which has made this KYC a MESS.