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Author Topic: What does KYC gives you ?  (Read 26199 times)
Agamatal123
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July 23, 2018, 11:52:56 AM
 #241

Kyc is good for investors and buyer's of the tokens. Kyc stands for know your customers. For protection and safety trading without any problem
susuberuang
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July 23, 2018, 12:52:19 PM
 #242

this depends on how the rules of airdrop and bounty campaign I have experience for bounty campaign usually they give rules so that the participants can give KYC to know where the participants of bounty campaign and for airdrop better you do not give your identity because airdrop result is not too much.
tolgahanuzun
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July 23, 2018, 01:28:03 PM
 #243

So they try to shield themselves from scammers. Although in fact, for real KYC scammers this is not a problem. And it's not very pleasant to send your data, it's not clear where. And it is not clear in the future how these data will be used.


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buriks
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July 23, 2018, 01:37:50 PM
 #244

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
Hi
KYC full meaning is that "Know Your Customer" .Every good startup wants to know that the participant joining his ICO where from belongs to.
KYC good in the gift / aerial because of its function to avoid many accounts that are used by one person and also shows the good system  proyek using KYC
ropyu1978
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July 23, 2018, 01:46:10 PM
 #245

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining


if for KYC airdrop I do not think you should do it, because it is very unbalanced than reward. but if for bounty, inevitably if you participate in the campaign you should do it as part of your agreement
matej451
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July 23, 2018, 01:49:01 PM
 #246

KYC is your personal data, this is why GDPR was established and now crypto world is asking users for KYC even for airdrop worh 1-2$. It is funny.

Passport or any other identity docs can be abused so be careful what you sent out and why. I understand the KYC is needed for exchanges where you buy and send tokens, coins but send KYC for others like bounty and airdrops is not ok.

Better miss an airdrop than being abused with your own documents.

Stay safe
bitcub
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July 23, 2018, 01:54:11 PM
 #247

KYC is a headache for most bounty hunters. I am also a bounty hunter but I am not afraid of KYC because I am confident that I do not violate rules. KYC can help to minimize spams, and multiple accounts. It will discourage people from creating multiple Bitcointalk accounts.

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

Gimolre
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July 28, 2018, 10:08:37 AM
 #248

Is simply to get tax criminals these people should dependably connect with honest to goodness budgetary organizations like banks and credit associations keeping in mind the end goal to clear their assets. On the opposite end of the range, monetary foundations need to depend on information they have assembled, and an arrangement of different strategies, to counter such exercises. This arrangement of systems went for distinguishing a client is alluded to as KYC.
testadimerlo
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July 28, 2018, 10:14:48 AM
 #249

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

KYC has a sense only during the ICO, I would not give my personal info for bounties or an airdrop. Be careful.
zxl912157
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July 29, 2018, 04:48:52 AM
 #250

Do not ever loot your personal secrets to others.
Especially the most low-value thing.

For Airdrop you do not need to send KYC, because if your data is misused by others then your history is finished.
adrianto1995
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July 29, 2018, 05:06:49 AM
 #251

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

Yes, KYC is OK to prevent bounty/airdrop cheaters who using other personal data to claim the reward. But, make sure you are only giving your personal data to the trusted company/project.
I strongly advise not doing KYC verification for claim airdrop, It's totally not worth it. You just sell your personal data just for the penny...
bittick
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July 29, 2018, 05:16:41 AM
 #252

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
Hi
KYC full meaning is that "Know Your Customer" .Every good startup wants to know that the participant joining his ICO where from belongs to.
and that's a must for most of ICO otherwise they will be accused of having illegal ICO or not obeying the anti money laundering rules. that's what some people don't know that most of them outright denying kyc while it's a must, but if you don't trust the company simply dont give away your identity. because that's will become a problem. just find the trusted ones.

Bloerty
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August 01, 2018, 10:31:23 AM
 #253

It's to secure benefactors and customers is a need, it manages multi-accounts and ensures against con artists, as it is some of the time required by law... In KYC you are required to affirm your telephone number, character by presenting your own reports. This is altogether done in view to guarantee safe digital currencies exchanges. This is my feeling, I figure it ought to be require.
Voomleli
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August 06, 2018, 01:30:59 AM
 #254

As I would like to think, kyc is vital for the crusade members, it will uncover your own personality. All things considered I joined a crusade that required KYC and I just realized that it was important KYC amidst a battle .... I truly don't know whether I recorded a KYC for a reward however I feel sorry on the off chance that I can not get rewards for work my hard. truly I trust it's alright on the off chance that I do it and they will keep my personality mystery and won't be utilized on awful things.
HanaTenun
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August 06, 2018, 01:33:55 AM
 #255

I think we can get some important information regarding the project we follow by doing kyc. and that is data that will make it easier for the developer to find out which holders are still surviving.


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subG
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August 06, 2018, 01:48:36 AM
 #256

KYC is more of a pain than anything positive.  I prefer not to do KYC verification whenever possible.  I would not do any bounties for campaigns that requires them.  Sometimes, you have no choice to do it such as having a Coinbase account. 
askmecrypto
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August 06, 2018, 01:53:32 AM
 #257

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

Its not bounties or airdrops or ICO, KYC in crypto is basically used for AML (Anti Money Laundering), it is very important for legitimate companies so that over the long runs during audits they can prove that they are clean.
However, lending your KYC to scam projects/ICO is very dangerous, you should be very careful while submitting your KYC details.
Dumlooke
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August 18, 2018, 04:14:44 AM
 #258

Is simply to get tax criminals these people should dependably collaborate with honest to goodness money related foundations like banks and credit associations to clear their assets. On the opposite end of the range, money related organizations need to depend on data they have accumulated, and an arrangement of different methods, to counter such exercises. This arrangement of methods went for distinguishing a client is alluded to as KYC.
luongdk
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August 18, 2018, 04:19:06 AM
 #259

For me KYC nothing gives, but it only takes my data, which can be easily leaked. i don't like this fact, what I only suffer from thi procedure and ICO receive my data for free, what can be sold on black market.
Msile
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August 18, 2018, 11:12:45 AM
 #260

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

I don' think that doing KYC is wise. There is always the chance of the project failing and them selling your information on the dark web to hackers and scammers. You should be very careful who you share that information with as things can go very wrong, very fast if you are not careful. The only thing you should be doing KYC for should be for the exchanges.
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