KYC for penny money?

[Astvile]

I just can tell you stay away from this if you saw one or if you saw someone promoting this stop him/her from promoting this.This is not good this is just like selling your identity for few dollars just be safe remember your identity specialy your place/ids are just like your soul

[yusupjatigumilar]

I think KYC does contradict the principle of anonymous crypto currencies, but on the other hand a crypto currency company doing KYC is to protect against fraudulent users such as multi-account actions and money laundering. If you have already done KYC with your original identity, you do not need to worry if you do not violate the rules, in my opinion KYC is not much different from us doing selfies and uploading them to social media and not dangerous if it is done by companies that are trusted and you did not make a mistake.

[GregH37]

I can’t understand the logic of those who, for a few of their free and virtually worthless tokens, require a KYC check. After all, they themselves do not need to do this. Why do they need these additional problems? It turns out that they are interested in collecting such information. In a different way than self-interest in collecting our confidential information, it is very difficult to explain this position.

Honestly, something about that looks fishy, we need to stop encouraging them by strictly not just participating in their projects or airdrops, by the time we focus more on campaigns that does not require KYC, they will feel it and have no choice than to drop the policy, especially for bounty hunters, this KYC should strictly be for investors.

Now, that we even have some bad projects that are of no interest to investors, this will be the wrongest time to discourage hunters that will help the little good projects promote their products, and another thing I see that also doesn’t make sense, why impose the requirement after campaign and not before campaign when people can easily make their decision, I still see that as a fraudulent act.

[CandyIzDelicious]

it is very detrimental to me, because giving an identity to a project that is not clear, besides that we do not know what will be done with our identity, our identity may be misused for something that is not good that will harm us.

[Pamadar]

it is very detrimental to me, because giving an identity to a project that is not clear, besides that we do not know what will be done with our identity, our identity may be misused for something that is not good that will harm us.

Really  a risk it's need to be a good project or high rewards to take your chances sending your private information, but if you only gained a little why bother to take this and do the process, best to keep being away from airdrops that don't have any chance at all.

[lovesybitz]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

My goodness! I won't submit my KYC  just for a penny money. Only stupid or desperate individuals can do that I think.
Because our personal information is very important, therefore it shouldn't be give so easy unless you know that you have
a huge rewards to be receive in the ico campaign project, in that way it could be consider a reasonable to give or to submit.

[stomachgrowls]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

My goodness! I won't submit my KYC  just for a penny money. Only stupid or desperate individuals can do that I think.
Because our personal information is very important, therefore it shouldn't be give so easy unless you know that you have
a huge rewards to be receive in the ico campaign project, in that way it could be consider a reasonable to give or to submit.

Its total dumb for people to submit KYC for pennies but not all do have different mindsets about on how to protect their identity.
They don't care as long they do earn some money and heck $25 is already a lot on some countries that's why I'm not surprised that
there would really be desperate ones will comply it no matter what and we can do anything about it.Just ignore and let those people
experience possible problems in the future.

[Crypdon]

It's only worth giving KYC for peanuts money if you already have a fake ID that you give out for these scammy offers. No point giving a real ID unless it is for something truly legit like a gemini account. People who do that will just find their passports for sale on the dark web

[entebah]

I will not give my KYC to projects that give me a little money, because for me it is better to be safe for my identity, I do not want to give only for pennies, it is very dangerous.

[imstillthebest]

I will not give my KYC to projects that give me a little money, because for me it is better to be safe for my identity, I do not want to give only for pennies, it is very dangerous.

but what if one project offer you huge cash or cryptos in exchange for your personal identity  ? would you prefer to do them  ?   its not about the money or the crypto that one must prioritize before he do any seriuos thing such as kyc's  rather one must do a research first if a company is really trusted  because nowadays  , scammers are on the loose  .  kyc or not , i dont do a project as long as i feel that they are shady no matter how huge the amount that they promise   to give   .

[shinharu10282016]

If they are hungry for those pennies for the exchange of their identities, there are too things that's on my mind.

• they don't own the identity
• they are desperate

It's not worth it to exchange your any ID just for those airdrops or free cryptocurrencies that they offer. I always avoid those kind of posts and ignore people them on social medias.

I agree with you. If it costs like a thousand dollars that should be where KYC is needed. And the project should be really legitimate.

Giving out your identity might mean more harm to you than benefit.

[BeGoods]

Our work already carries with it a rather high risk of not receiving deserved payments, so why expose ourselves to even greater risk by sending our personal documents to unknown people demanding it.

Not worthy! that's my answer, you're right the risk we will face is not worth for the profit we will get,
the risk is your identity being exposed only for a few pennies, who wants to do that?

[cahbagus555]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

I would not deliver my document just for airdrop. What we earn from airdrop can not compare with our document and i think joining in bounty with KYC is more worthed than airdrop with KYC

[xvids]

Don't risk your personal information just for a small amount of money.
It is not worth it ,We couldn't trust our personal information on random person that we met online and we don't really know what would they do to our personal information.

[freedomgo]

Our work already carries with it a rather high risk of not receiving deserved payments, so why expose ourselves to even greater risk by sending our personal documents to unknown people demanding it.

Not worthy! that's my answer, you're right the risk we will face is not worth for the profit we will get,
the risk is your identity being exposed only for a few pennies, who wants to do that?

Every country has different economy, there are people who will bite the offer and will give their real identity for a small amount of money.
We are lucky that we have a good income and we know what we risk when doing that, even at higher amount that I would get, I am still not ready to risk my real identity.

[LUCKMCFLY]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

I think that before giving our personal data, we should investigate well if the project is worthwhile, it is authentic and if it is feasible to do so, because when performing the KYC, it is a way for them to also control if they are authentic users and are not multi-accounts. created by cheaters bounty hunters. I think that's why it's the KYC.

[smyslov]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

Either these people are ignorant, they really need money or they are using other people's information to pass the KYC, so many people are still on it, these scammers will keep creating these airdrops and asking for KYC, they will not stop because there is demand for airdrops.

[jrrsparkles]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

Your identity is worth a lot so don't be stupid to give all your info for just a penny.Even don't give if someone says they will give $100 for KYC because the scammers will sue this identity to ru scam projects and steal lot of money from investors.

[gabmen]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

Your identity is worth a lot so don't be stupid to give all your info for just a penny.Even don't give if someone says they will give $100 for KYC because the scammers will sue this identity to ru scam projects and steal lot of money from investors.

Lol. It's going to be your fault if you fall for this scam and get your identity stolen. Signs are there if you could only care to look at it. For me, it should be obvious that the risk is not worth the gains, if ever there are any.

[aioc]

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

They still don't know the harm of doing this, people who are doing this are newbies who do not know the risks, but they will soon find out about this, this airdrops that keeps asking KYC will go on as long as there are newbies that actively participated in airdrops and keeps submitting their information.