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Author Topic: Do you join ICOs that requires KYC?  (Read 4513 times)
yecats
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June 20, 2018, 01:08:59 PM
 #641

To be honest i don't trust ICO's  that requires  KYC. Giiving your personal information they might  used it  in any illegal  form  for activity. This  is only good idiea  the one who wants  Invest to the ICO . Huge risk  giving  your personal  info. This might  requires  in the  future if that  happens I hope everybody  alreadyd understand  KYC.
Mr.Pro
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June 20, 2018, 01:10:28 PM
 #642

Yes if i think the project is actually backed by large companies and have a whale investors because i am sure i will get paid in the end.
GrayFullbuster
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June 20, 2018, 01:12:31 PM
 #643

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?
Most of the ICOs nowadays are now requiring their investors to pass the KYC because of the regulations that the team behind the project should follow. You should pick promising project for you to ensure that your identity is safe.

fempat
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June 20, 2018, 01:16:55 PM
 #644

From experience, I've realised that ICOs that require KYC are high quality projects. They are under the scrutiny of the governments. Not that they cannot possibly be scams; the probability of scams is lower.

coin-investor
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June 20, 2018, 01:17:42 PM
 #645

No way even if it profitable and will yield me 100 times profit, my identity is far more valuable than money and profit, money come and go but giving your identity to people that are unknown poses a big risk to you and your family, they might use it to illegal activities.

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aji567
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June 20, 2018, 01:20:43 PM
 #646

I never joined ICOs that needed KYC because it made it complicated and inefficient. I prefer the practical and easy to do.
bayarau
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June 20, 2018, 01:21:33 PM
 #647

KYC is the right innovation, it will allow you to leave fake accounts and earn more real people. Each user must be identified according to the rules of ICO projects. Who does not want to pass the KYC - do not pass and do not make a profit. Personally, I do not see anything wrong with the identification.
kamengbate553
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June 20, 2018, 01:28:53 PM
 #648

If I do not think I am against KYC but I do not like it, because KYC is not in accordance with the law of bitcoin given for now, sometimes Smiley, Sometimes it goes against one's private privacy. also, because there are some doing requirements to not do anything without participating, the rewards will not burn anything.
Lindell
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June 20, 2018, 03:09:46 PM
 #649

The first ICO that I joined had KYC. If you have confidence and trust the ICO you can join and its fine to fill up KYC. I trusted so I decided to submit KYC because the ICO team is very transparent even in socia media and updated their videos with the CEO.
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June 20, 2018, 11:29:26 PM
 #650

I don't participate in dubious ICOs that require KYC, in that way my data can fall into the hands of scammers. We know a lot of sad stories on how  they traded personal data of users in the Internet. If this is a reliable ICO, then I do not see any particular problem in providing data. This is a logical measure, as there have been frequent cases when black money was running through ICO-investments.
anthreelis
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June 21, 2018, 08:48:32 AM
 #651

Being anonymous is fine yet make sure to only provide the document on the trusted ico and company only. You would never want to provide your data to theft and they could be used your document for the illegal purpose. I'm fine with KYC as long as I know what is the purpose behind it.
quynhanhkhr99
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June 21, 2018, 02:25:26 PM
 #652

I consider participating in ICOs that require KYC is not safe at all. There is not guarantee that your data will not be leaked and wouldn't go to the wrong hands, so i will certainly avoid these ICOs.
cavaBcoin
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June 21, 2018, 03:00:42 PM
 #653

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?
For me, i quite support KYC in ICOs because this will help avoid someone using ICOs like a tool to money laundering but for some Airdrops, KYC is unnecessary and i dont understand why must they ask this.
Actually KYC is good for ICOs, but bad for investors because we can completely leaked private information through ICOs, although this is hard to happen but when we participate in many ICOs, the risk also increases. The best we should only join ICOs that judged high by crypto community.
Melnikof
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June 22, 2018, 09:29:35 PM
 #654

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?

Now the best ICO always require KYC, that's why we have no choice. We have to participate to gain profit and pass all procedures.  Lips sealed
Melnikof
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June 22, 2018, 09:30:09 PM
 #655

Yes, I participated in such ICOs, although I think that this is not correct. But there's nothing to do if I liked the project.

You may wait for the release of this coin on an exchange and purchase. Maybe you even win because most of the coins fall in price tenfold after sales and entry in the market!
Omooba098
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June 22, 2018, 09:30:26 PM
 #656

Yes, I do.  Cool More than 70 percent of the ICOs require KYC-verification, and all of the major ICOs do. Like rest 30 percent is only the crap ones. So anybody that need to join an ico have to submit their information to get approvel in kyc. There is no other way
Ubrfeh
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June 22, 2018, 09:33:58 PM
 #657

Well, I look first at the project if it is well designed and made of high quality then of course I participate in it and I will not be difficult to pass KYC!
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June 22, 2018, 09:35:20 PM
 #658

I hate kyc, but some more and more icos want my documents and i hate then they want something like make selfie with 1 hand passport and in another notebook with screen of our website.
sniper2018
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June 22, 2018, 09:42:32 PM
 #659

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?

In my own thoughts, it would be better if not to do KYC because as of the moment, the verification of it will take more time and it will lead for all participants to get bored and it will affect to the reputation of the project. But if there are changes to the verification of KYC procedures, then I think it will be a good way to eliminate multi accounts.
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June 23, 2018, 11:51:26 AM
 #660

If the airdrop also uses KYC of course if I think it's very risky. And especially now that a lot of people who complain that much has happened for fraud. Of course, if this remains resumed airdrop will fall and did not gain the trust of all the people. And you have to be smart in choosing the airdrop.
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