Do you join ICOs that requires KYC?

[xtin-tin]

Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

[VanDeinsberg12]

Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

KYC in ico is fine as long as that was a promising ico. I just participated in the zilliqa and many other icos. And I told you about from zilliqa i got almost 25x return from my initial investment.
It's really worth if you are choosing best ico. Never try to invest in those icos that was running by unknown person. This time Helbiz looks good ico to participate too.

[beheddard]

I have, but I tend to choose the ICOs I invest in very carefully, so I have a certain level of trust at least in those running the show. If I was throwing money into more ICOs looking for quick flips, even if I don't believe in the team/product/etc, then I might be a lot more wary of doing KYC.

[sudhirratra68]

Yes, I have done so but very carefully.

To merely be considered for a token sale, it is now commonplace for an individual to have to submit a passport scan, bank statement, and various other documents and to answer a string of questions about their background and the origin of their cryptocurrency.

With ICOs now holding such identification documents of thousands of crypto investors together with their emails and wallet addresses, hackers have an added incentive to target crowd sales.

[cardoyasilad]

Yes actually most of the ICO i've joined requires KYC as long as the project is legit for the airdrop a big NO i don't particapte especially if they require KYC it's just a waste of time.

[gathingbrus]

I'm don't mind at all to do KYC, because I am located in non restricted country. As long as they don't want us to input our private key I think its not a problem at all sharing our identification. Its only an identity card, what would they do with that.

[Newboybb]

As long as I  think the ICO project would it be possible for me to have a profit, then I will choose to participate in the ICO project investment, even if it requires KYC information, though I know most of the KYC information may be liable to leak, but for ICO still have a lot of profit.

[dealung]

I do not like kyc in ico, because i've been disappointed with some ic that require kyc. The data I have given is never accepted by the organizers, even though the data is genuine have my own.
Sometimes they also ask for copies of utility bills or water on our behalf, but what if we rent a house or apartment and certainly his bill is not our name.
They also sometimes do not accept the id cards of some countries and only accept passports. This is a problem for me and maybe for other investors.

[Jeepney_koh]

Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

There is one airdrop that I joined in that requires KYC. I did not completed the process because I don't want to give my full private information. Cryptocurrency is to keep your privacy as investor and customer, and ye they are getting your info. This may lead to identity theft or further damage if the ICO doesn't take good care and confidentiality on your information . Just be cautious on those ICOs that are not legit.

[mariaana]

I join ICO that requires KYC if I find that it has a promising project that could give me a big return on my investment in the future.  We always do research before making an investment in ICO and KYC is always a pre-requisite whenever we join ICO's crowdsale.  ICO investment is always a risk and KYC goes with it.  However, I am hesitant in joining free airdrops that requires KYC.

[Daria_daria1992]

I do not like the idea of KYC because it violates anonymity.  But to those projects that warn in advance that it is necessary to pass KYC, I keep calm.  But there are projects that say about KYC later.  These are the projects that disappoint me.  And of course, I do not trust the airdrops that require the passage of KYC.

[asus09]

not like what you think.
usually the KYC verification is done after the ico project is successful or ends. it aims to meet the rule of law. so I do not mind to do the verification as long as I'm sure ico project is really safe.

[oddwh]

Companies need KYC to cash out the amount collected during ICO. This is needed to justify from where the funds come from. Without that, they cannot legaly pay their employees and taxes. Requiring KYC in an ICO is justified.

This is not because i'm against that, but I don't want to share my personal information with a new company, so I decided to avoid ICO that require KYC. If I really want to buy some coins, I just have to wait later, when it reaches exchanges. Of course, there is a risk to miss the train, but my personal informations worth more than that in my opinion.

[STIKS1911]

Now more and more projects require the passage of KYC. If I like the project and the team is strong, then I participate in such ICO. But I consider the airdrops that require the passage of KYC to be a waste of time.

[Agent99]

Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

I do not join ICO with KYC in genral becuase of i think this is a bad action: "people help you and you do not regard them". people help ICOs when their regards be protected

[Rasa nanas]

yes I just know what it is KYC and one of the projects that I follow there is asking for such an explanation if it does not provide the data token will be canceled but the project was not finished so liyat later what it is useful as described.

[saycryptohello]

Yes, but beforehand I always see what kind of ICO is, how much you can trust your data to him, suspicious projects always exclude.

[aoihs00]

I join ICO's that require KYC because now a days that is the only thing which is keeping the ICO under tighter regulations. Why this one is important anyway? Well, this ensures that they are legit and if they someday run away with your money then you can actually legally take them down as they will also have registered themselves with regulatory bodies with their own KYS forms. Thus making you and the company completely open to trade and publicly available all the time. The previous ICO had chance to get away leaving behind just the company name and nothing else. So I believe I like the concept of sending my KYC to the KYS verified ICO.

[chitocrypto]

I think it's pretty standard for any ICO to ask for KYC especially to those investing large amount of money. For airdrop, it's a case to case basis. If you believe that the ICO is not a scam, then pass KYC to get your airdrops.

[CryptoAllDay]

I prefer ICOs that use KYC to make it better limit who is participating in their ICO, especially those from regions that should not be participating.  I am concerned though about scam ICOs that collect KYC to get personal information.