KYC for penny money?

[Valhalaa]

in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future

[BigBos]

in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future

you are right. when it falls on someone who is not responsible, that certainly can happen. personally, I will not give my identity to any type of penny money. I often see this on the internet. but, for some projects, I think KYC might be needed.

[Mpamaegbu]

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

I beg to defer on your list. I think most times it has to do with the ignorance of the bounty hunter rather than desperation or not owning the identity supplied. I got trapped once in this with Claircoin. It was an airdrop and at the end the bounty hunters were asked to provide KYC. It was mandatory and we had to do it just to get the reward or lose it.

[kudil]

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?

Airdrop right? Yes, I always see this in a few days, especially when Bitcoin up again. Personally I also interest with that, but if there's KYC requirements, I always ignore it except trusted Airdrop like Upbit, Dobitrade, Nauticus Airdrop yesterday.

Just follow trusted campaign..

[lutfi-hasan]

in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future

It is really terrible if our personal data is misused by other people without our knowledge, so for me when there is a Bounty project that requires KYC, I always research the project first, if it is suspicious, I will definitely avoid it.

[Ayomide09]

For me, I am not too convenient with divulging my personal information all in the name of getting some free token. It is risky except for cases where it is mandatory to invest in an ICO.

[yanetriwidia]

as long as what we get is comparable to what we do, this is not a big problem. what I'm afraid of is that it is misused like a certain exchange in order to get an airdrop of 100 $ which can be withdrawn directly without having to deposit enough with KYC they all misuse as many as dozens of ID CARDs for that

[raven7886]

in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future

It is really terrible if our personal data is misused by other people without our knowledge, so for me when there is a Bounty project that requires KYC, I always research the project first, if it is suspicious, I will definitely avoid it.

Tell them please, instead of getting frustrated over things that we cannot reverse, we can just look for a way to work around it. There are lots of projects that are available pout there that doesn’t ask for any KYC from us, we can just focus on those ones If we are not okay with KYC, or like you said, we should do good research to know a good project before investing.

I like this clause because it will make a lot of people sit up, so many of us just participating in any ICO we see and promoting scams will learn to do a lot of research, now that they have a requirement that could work against us in future, so if we don’t want our document to get into the wrong hands, we better study the project very well before making input.

[barota]

yes , there are lot of sites exchange that give free money for pass kyc ; i dont know why ? and
What they will do with the documents of users? This is not good , personel documents should not be given to anonymous people for money

[Pamadar]

yes , there are lot of sites exchange that give free money for pass kyc ; i dont know why ? and
What they will do with the documents of users? This is not good , personel documents should not be given to anonymous people for money

It's stupidity if you will give your personal data without knowing where the hell the team will use your information,not unless you are fully aware of the things that you are taking providing details can be done, good example of that is when you creates exchange wallets and needs for your verifications for bonuses or much higher trading volumes.

[biskitop]

I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.

[yanetriwidia]

I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.

Yes, we also can reduce someone cheating but also if we know that KYC can also commit fraud by collecting document documents to fulfill KYC and getting a nominal amount that is more than it should be received, this is also the way someone misuses KYC.
and it is proven that many people do that

[Che454010]

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?

There is no point in doing kyc for some shitcoins, even if they are useful it is not worth submitting personal data and what is the guarantee that your data would be safe; it will not be used in any illegal way or sold out to the third party.

[mitchr4]

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 it's not necessary if only pennies will be useless. Our personal data is the first that we have to think about, don't sacrifice your personal data if there are only a little rewards.

[zeingrind777]

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?

Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

[nur rochid]

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?

Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

self data is important for us, especially when many ico are scam like now, of course we have to be careful when asked, because many ico are unprofessional which allows for misuse of identity

[Muzika]

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?

If it is just a little amount and someone pass their thru identity they are made of greed, and ofcourse there are still someone who are trying to scam or cheat this kind of act by passing illegal documents or falsificated documents just to earn those pennies.

[sHeRiLyN1618]

What kind of people who want to share penny money for a KYC. I think people must be smart because of my guess they only buy your personal data to be misused.

[calya]

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?

If it is just a little amount and someone pass their thru identity they are made of greed, and ofcourse there are still someone who are trying to scam or cheat this kind of act by passing illegal documents or falsificated documents just to earn those pennies.

if we have to pass kyc in order to recieve our reward ,maybe we have to calculate about its value and also the safety of our document.not every developers honest and guarantee they will not sell our identity document.

[Oasisman]

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?

Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

Well, we all know it can be used against you. I mean thats an essential information. Dont wait until someone becomes a victim to such. Just like what you said, "they need to be careful." Its almost a no-brainer if you trade your critical information for "pennies" or even for a hundred of bucks. Not unless if its fake information they are using.