Are You Afraid of KYC?

[twostepsally]

Nowadays KYC is important of all process. But most of the people don't know the KYC. So people will be know what is KYC.
KYC is know your customer. So if start the any process it will be know the customer information. But before share KYC any website. Fist check the website trusted or not.
KYC is your personal. So careful to share. So share the KYC trusted. If sell and buy then coin or token in time time. It will be ask your KYC. Next time it will be update your information but it will be never share. But website is important. So choose the trusted website. Then share.

[Markettoken]

I am not afraid of KYC because for me it is natural and better like that to protect and keep the security of all the effort that we have striven to be from wrong use by irresponsible person unless I have bad intention so fair if I am afraid

[lokanot0]

Indeed KYC prevents us from scammers and from using multiple accounts, but there is also a risk that our personal info that might get a hold of it. Well, being involved in the  crytpoworld was already a risk itself, therefore, in my opinion, having a KYC is good.

[Faeton]

Do not be afraid of what is illegal. KYC verification for the participants of the ICO generosity campaign is illegal, as we do not invest our money in these projects and can not launder dirty money. Illegal demands simply need to bypass and not participate in such ICO projects.

[TianaStam]

I'm afraid only of what may happen if my private information will appear in wrong hands. Someone simply can do illegal activity by my documents and I will be those one who will be punished and destroyed. They ask from us information by following new idea of KYC, but what about guarantees?

[samic222]

I'm not scared, but I also understand that you can get by without this check. It should be the same with the company who owns their tokens.

[Binugon]

I think it's the fositive and negative side, where KYC is to avoid fraud and everything else but on the other side the process will be a bit stunted and takes extra time, but back to the self how to respond to it and if it is already what you want said we must follow it.

[sotoshihero]

I'm afraid only of what may happen if my private information will appear in wrong hands. Someone simply can do illegal activity by my documents and I will be those one who will be punished and destroyed. They ask from us information by following new idea of KYC, but what about guarantees?

Same here. If we know we are sending our info to reliable authority, I am not scared but if it falls to wrong hands, its a disaster. They may used it for fraud which is rampat now adays. I hope this will be fixed or someone can build a trust system where we can rely.

[jaocoincrypto18]

n way we not afraid for the required KYCs i think its good for our security

I do not understand how it can be good for security that you transfer your personal data and copies of your documents directly into the hands of scammers? According to statistics from 902 ICO projects, a third turned out to be scammers. Even if a company that conducts an ICO and is registered in a country where it is required to conduct a KYC audit, this does not mean that such a company will not later be fraudulent.

And that is why we need to ensure that the ICO is not a scammers because not all of the ICO is a scam but still there is nothing we can do because we need to abide with the law by passing of KYC documents and government issued ID"s as per regulation policy that if we will not submit them then better not to join any Crypto currencies investments but better to join any investments that not related to crypto. Its your call.

[MCVXYZ]

I'm not scared, but I also understand that you can get by without this check. It should be the same with the company who owns their tokens.

I think its not the same,They are not intermediaries as in large payment companies,they just want to check the personal information which will ,,unmask swindler'' transactions. In another situation all we know what will happen,there will be too many crypto crime which is the greatest threat to progress,It means that strict and ungrounded regulations will be the greatest threat for bitcoin and other cryptocurrencies and not this KYC.

[melch100]

I'm afraid only of what may happen if my private information will appear in wrong hands. Someone simply can do illegal activity by my documents and I will be those one who will be punished and destroyed. They ask from us information by following new idea of KYC, but what about guarantees?

Same here. If we know we are sending our info to reliable authority, I am not scared but if it falls to wrong hands, its a disaster. They may used it for fraud which is rampat now adays. I hope this will be fixed or someone can build a trust system where we can rely.

Absolutely,  well as I know KYC is very important for them in order to create and gain trust between two parties. Giving a detailed informations is easy but somehow we are worried if our private informations become rampant and will able to ruin everything. Well, basically we have no choice as we are hoping to have that rewards. I'm just hoping those people l give my KYC will able to manage well and keep my identity as well as those users who undergo a KYC process.

That is the reason why I have feared in undergoing kyc because we are not sure if that project is legit enough to manage and stored privately are identities and will never use it with illegal activities.

[billknight]

I'm not afraid of KYC. I think KYC is legal. Sometimes there are many people who create a whole lot of fake account. and KYC has prevented that

[joburgtaxi]

I'm not afraid of him, because I do not use it. Everything is simple. I did not have any need or even curiosity to use KYC. I trust and use only the proven friends or myself. Here's a more personal choice to try.

[Hero of Legendary]

a little bit because the possibility that my identity can be stolen and use for personal interest is big. But I don't have choice, because this will happen I think in the future that all is require to submit kyc.

[uray]

I am not afraid of KYC because for me it is natural and better like that to protect and keep the security of all the effort that we have striven to be from wrong use by irresponsible person unless I have bad intention so fair if I am afraid

Protecting your identity is not about having bad intentions, if you are not aware of it, the blockchain is open source and i do not want anyone to have a trail on my funds and i do not want to see anyone coming to my doors and having a gun on me to get my tokens. So protecting your security is more important than holding your coins in the first place, i am not sure how secure they are storing my identification details, so there are many concerns regarding it.

[sandeepdhiman043]

KYC is a requirement of some countries' government as it is their way of regulating or being in touch with their citizens.KYC makes this market a more centralized.KYC is also for our protection.Know your customer (KYC) is a very good protective measure to secure investment

[kyteguyvn]

I only do KYC in exchange sites and good ICO project which I want to invest and trusted. I don't do KYC for airdrops or bounties.

[Dilerium90]

I only do KYC in exchange sites and good ICO project which I want to invest and trusted. I don't do KYC for airdrops or bounties.

But if you participated in good bounty (in signature, for example) and you want get your tokens, than you must do KYC, if you don't want to lose your money. For me it's not problem. But you really don't need to do KYC for Airdops. It's fail.

[chadrs]

No I didn't know that.. So i don't care. 

[bitcoindian]

I only do KYC in exchange sites and good ICO project which I want to invest and trusted. I don't do KYC for airdrops or bounties.

But if you participated in good bounty (in signature, for example) and you want get your tokens, than you must do KYC, if you don't want to lose your money. For me it's not problem. But you really don't need to do KYC for Airdops. It's fail.

Yes, most of the people afraid to upload the KYC because whether companies will harm their documents. Yes, if you find the potential project and team has the ability to develop what they mentioned in the roadmap, then we can easily upload the documents.