Am done with KYC

[seggardinggins]

Kyc is just a waste of time, that is if it's based on bounty,  cos with kyc and the whole stress,  the reward will still be nothing to write home about.. They implement kyc to cheat hunters,  cos most countries don't have ID too..  Kyc in crypto is definitely a scam...  And Like you have said,  am done with kyc also ...

For catching the bounty cheaters and investors with multiple accounts KYC is necessary but overdosing the required amount of forcing the customer to pass KYC is not ok in my opinion. Most projects want to clean their database from cheaters with the help of KYC.

unfortunately most KYC is fraudulent and although there is also KYC that is not fraudulent, unfortunately it is very little so we should indeed be careful when dealing with KYC or even we do not need to deal with KYC.
so I'm also done with KYC.

[1714671412]

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[moon sorcerers]

I am also very cautious about projects that require KYC. Now this is a fairly common phenomenon, so you should choose very carefully. Just be more selective, not all projects requiring KYC are scams.

I agree, we must be careful in following the bounty because many scammers are trying to commit fraud, KYC actually aims to reduce multiple accounts, but less secure data security makes many people hesitate to follow the bounty that requires KYC, to overcome this I am also more selective in choosing the bounty to be followed

[cchub]

Most of them are just lying to get your documents. Be very very careful, mate! Don't get screwed by them.

[aizen10]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

You must choose a good project if you want to do a kyc, they get your identity on nothing in return money is nothing compare into your safety I think they are going to sell your identity into someone who wants to buy and used it, for now all of them need kyc to know if you didn't have a multiple account it was hard to give your identity someone fake their ID so that they would not risk their thru identity.

We must protect our security than anything because we didn't know where they are going to used our identity it was very risky.

[halpi]

KYC is the biggest evil in crypto sphere. Those who need will always find package of documents and for us (usual users) it is big risk to share documents with somebody.
It always appears as one-sided thing

[deathcode]

Most of them are just lying to get your documents. Be very very careful, mate! Don't get screwed by them.

do you already know the evidence about the lies done? Our documents are important, but for now we can see if the KYC documents that we provide on a number of projects, of course, we have already conducted research first. we don't give, but we try to benefit from the KYC that we do. now airdrop, bounty and investment also require KYC. even exchanges also require KYC to access our comfort and security.

[ansarose1]

I think this bounty projects now that requires kyc are there strategy for distributing rewards, if they provide kyc for their project, they know that some of the bounty members cannot do the kyc, in that case only few rewards they can distribute. That's what in my mind, let me know also from other's opinion.

[jakelyson]

Scammers will do anything to earn money. They create fake ICO to get personal data through KYC and scam investors for money. It is safer to not give away your personal information but if you really like the project and you see it is profitable, then you can give your information. Otherwise, refrain from signing KYC.

[coinsycrip09]

Scammers will do anything to earn money. They create fake ICO to get personal data through KYC and scam investors for money. It is safer to not give away your personal information but if you really like the project and you see it is profitable, then you can give your information. Otherwise, refrain from signing KYC.

that's right, i also signed KYC only when the project was a really good project.
indeed it will be very difficult to find out that the project is really real or just a scam project, that's why we have to have friends in the group to be able to exchange opinions.

i can ask friends and make joint research to find out whether the project is good or not.

[Adhichan]

Scammers will do anything to earn money. They create fake ICO to get personal data through KYC and scam investors for money. It is safer to not give away your personal information but if you really like the project and you see it is profitable, then you can give your information. Otherwise, refrain from signing KYC.

we have our own decision about this stages.moreover its about personal document that should not spreaded to another people.i am curious if they abuse our document for wrong purpose.

[itasannah]

It's too risky to provide personal data information. If you make a wrong choice, I think the result is that the project is not functioning and even dies. But you don't give up, and keep fighting. So you can take part in ICO projects that do not use KYC. And I think more projects that don't use KYC can achieve exchange.

[karagun125]

Last couple of years of bounty projects doesn't require kyc, now many bounty projects are requiring it and i think kyc for bounty campaigns is not necessary at all since there are several campaigns are just scam and fraud, they only use the profile information of bounty hunters.

[wedosgibas]

It depends, we have to really know them before giving personal data, that is, look at their team, is it transparent, are they real? Look for information, reviews, if project is quality and real, we will find reviews from major websites such as BitcoinExchangeGuide, updates from ICOdrops, or from their partners.

If for an exchange, almost same, find information, see reputation, review.
Not promising, but minimizes risk.

[modmalaney]

Before you decide to join the ICO project. It is important to recognize the ICO project more closely and if you are in doubt, of course, you do not decide to join. Moreover, you decide to do KYC. KYC is currently a very serious conversation among bounty hunters. So don't be easily interested in doing KYC.

[jpnl0005]

Its quiet annoying what most bounty program sdo to bounty hunters giving so much trobules and stress with no feed back at the end of the day to aavoid this i tend to choose projects without kyc its a delicate thing giving out personal information so we should be careful on it thanks

[LUCKMCFLY]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

I am currently in a project that went from ICO to STO, and they ask for the KYC, but they ask for it to avoid the fraud of obtaining tokens illegally with multicuentas, and they have detected many "CazaRecompensas" cheaters, that is the reason for the KYC . I think now that being with STO and using the KYC security filters gives Investors more confidence for Investment, they feel more secure and therefore confidence in the STO increases.

[aziziasa]

But there are still many projects that use KYC procedures that can succeed and continue to grow. I think this all depends on how we determine the ICO project. If we continue to struggle and make our choices more carefully, surely there will be a reliable ICO project.

[Karlinz]

What a lot of people failed to understand a that providing your KYC details to a project or any project that requires it is not a guarantee that the ICO is legit. Infact most scam projects followed this path to appear seemingly truthful. However, I am not bothered about providing my KYC details as I do not believe it should act as an indictment or used to incriminate me. Initially it used to be one of those deciding factors to know a legit ICO but recently it is no more

[oktana]

in some cases it is more often a failed project but still does some KYC and obviously it poses a big risk because we have provided some information from personal data, but so far there have also been cases of misuse of our own data when conducting KYC? If it's not there then we just need to be more careful in doing it.

[globalpain]

I am always selective in choosing the bounty that will be followed, indeed there are currently several bounties that do not pay because their projects fail and die, I always choose bounties that have good prospects and real products so they have little risk of failure, I always ensure the security of personal data what I gave before filling out the KYC at the bounty, there is indeed a risk of misuse of information given in KYC, but not all bounties that require KYC are harmful