We understand your frustrations
What are you going to do for the people who already have their funds stuck waiting for KYC, and don't want to reveal their identity? Will you return their coins?
Unfortunately, Monero attracts numerous criminals who try to cover their tracks by converting funds to XMR, as it hides a sender and recipient.
Asking KYC for an anonymous coin goes against everything that coin is used for.
We have implemented an alert to warn our users who want make big exchanges which inludes an information that their transaction can be put on hold
Let me test that: convert 1212 XMR into Bitcoin:
ESTIMATED ARRIVAL ≈ 5-30 minutes
Send 1,212 XMR to the address below
Is a quarter million dollars not enough to require KYC? Or do you only require that the other way around?
When I try to convert 30 Bitcoin into XMR, I get this:
![Loading image...](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi63.tinypic.com%2F24e54eg.gif&t=665&c=-XyYlGcOnNq0PQ)
~and that they will have to provide documents required for European KYC/AML directives and regulations.
I'm pretty sure the EU KYC/AML directives have nothing to do with Monero in particular, and I can't imagine it allows large anonymous transactions from BTC into XMR.