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Author Topic: Would you prefer KYC to be taken or you against it  (Read 115 times)
seantcm (OP)
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June 19, 2018, 02:52:34 AM
 #1

Most of the Exchanges and services related to Cryptocurrency requiring KYC nowadays...

Would you prefer one that without the KYC which gives anonymity to user? What are the pros and cons on both?
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limlucy579
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June 19, 2018, 02:59:36 AM
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I prefer without KYC documents. Because no one can make sure that our information is safe on the third party's hand.

I will prefer Exchange or services without KYC asked. But then again, sooner or later the Authority will be involved and demand the Exchange Operator to provide them with clients KYC
seantcm (OP)
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June 19, 2018, 03:05:39 AM
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I prefer without KYC documents. Because no one can make sure that our information is safe on the third party's hand.

I will prefer Exchange or services without KYC asked. But then again, sooner or later the Authority will be involved and demand the Exchange Operator to provide them with clients KYC

Totally agreed with you on this.

The Authority will demand Exchange Operator to submit clients Information sooner or later. But what if the Exchange Operator is anonymous themselves? That would be in the best interest of all if the service provider/team behind services are anonymous.

Just like Bitcoin and Satoshi Nagamoto. Had Satoshi appeared in the public, the government and authority from all over the world, including assasins will take him down and bitcoin will not be where it is now. We need more anonymity in the Crypto Space! Else, whats the point then?
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June 19, 2018, 03:06:55 AM
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Couldnt agree more on the Bitcoin and Satoshi example
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June 19, 2018, 03:20:37 AM
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KYC is the best .
seantcm (OP)
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June 19, 2018, 03:26:31 AM
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Let hope for the best. I wish to see more Services to skip the KYC and dont make it a compulsory. Its really worrying...
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June 19, 2018, 04:12:58 AM
Last edit: June 19, 2018, 04:58:43 AM by limlucy579
 #7

Can i ask for some question/
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June 19, 2018, 04:45:24 AM
Last edit: June 19, 2018, 04:58:13 AM by limlucy579
 #8

What is different IEO and ICO
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June 19, 2018, 04:59:31 AM
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What is the best p2p in market currently?
seantcm (OP)
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June 19, 2018, 05:05:53 AM
 #10

What is different IEO and ICO

Though it is off topic here. But I can simply answer:

IEO is a token sale that is done on its own exchange. The benefit of investing in an IEO is that they have a ready and working product and the token sale is carried out on the Exchange itself. Also, the liquidity is there as you wont have to wait for months for the token to be listed on other exchange which then only you will be able to trade it.
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