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Cosbycoin
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May 02, 2019, 05:55:26 AM |
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I have had the legacy account for years. Bittrex locked me up about a week ago, so I made a successful ID verification, but I refused to make an extended KYC verification. They want a photo of my face along with the ID, but I disagree with it. My argument is that they don't have my permission to own and keep my photo. From my point of view, it is a great risk to give them such a picture. https://medium.com/@wilderko/how-does-kyc-aml-pose-a-serious-threat-to-your-privacy-and-should-not-be-used-at-all-88f7acd3f3bI wanted to terminate account, but they always reply with asking for that photo. So today they asking for our face photo with ID, and next time they will want maybe our DNA or other biometric identification. Who knows. I don't understand how they can rob people in this way. Maybe they are suspecting some malicious activities in your account, so I would advise that if you have coins in that account, just carry out the verification since there is nothing else you can do about this, maybe a rule have been broken and the only way for them to get your account unlocked is to carry out KYC for you alone. I don't make use of bittrex for trading so I might not be able to say what really happened that your account was blocked, I like their platform but I am already making use of binance for my trading activities. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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ausbit
Legendary
 Offline
Activity: 1330
Merit: 1019
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May 03, 2019, 12:31:20 PM |
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I have had the legacy account for years. Bittrex locked me up about a week ago, so I made a successful ID verification, but I refused to make an extended KYC verification. They want a photo of my face along with the ID, but I disagree with it. My argument is that they don't have my permission to own and keep my photo. From my point of view, it is a great risk to give them such a picture. https://medium.com/@wilderko/how-does-kyc-aml-pose-a-serious-threat-to-your-privacy-and-should-not-be-used-at-all-88f7acd3f3bI wanted to terminate account, but they always reply with asking for that photo. So today they asking for our face photo with ID, and next time they will want maybe our DNA or other biometric identification. Who knows. I don't understand how they can rob people in this way. Maybe they are suspecting some malicious activities in your account, so I would advise that if you have coins in that account, just carry out the verification since there is nothing else you can do about this, maybe a rule have been broken and the only way for them to get your account unlocked is to carry out KYC for you alone. I don't make use of bittrex for trading so I might not be able to say what really happened that your account was blocked, I like their platform but I am already making use of binance for my trading activities. He must have probably harassed them through his mail with the issue of KYC which every one of them is now beginning to be strict with, another reason why I fell they are so adamant with the issue of KYC is because they are centralized exchange and being centralized, they have to still be care the way they operate by strictly following government law too, since we already know the nature of these exchange, we should not be finding it so hard to abide by their policies, if we can’t abide, then we should go for the decentralized exchanges. These exchanges are not willing to bend for the KYC. |
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rijaljun
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May 03, 2019, 01:03:27 PM |
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Bittrex is always a good exchange, I never use it anymore since there are a lot issue was coming. Also, the identity verification made me stressful. In your case, if you want your account back then you need to follow their verification. If you are not willing to give them their needs, then you better to give it up. However, that instruction is also to avoid them from being money laundering place.
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andrrew7201
Newbie
Offline
Activity: 3
Merit: 0
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May 27, 2019, 04:28:07 PM |
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Bittrex Exchange- scam! I entered the password as usual, then I was asked to confirm via mail - no problem! Further entered the password from the phone-2FA verification-successfully! Translated Bitcoins, I bought a little bit, and when I was taken out they blocked me! On the letter - ask to wait! but you will wait for weeks, the ANSWER WILL NOT BE! they steal money! My account 3 years old- whey blocked 20 000 USD !
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shane
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May 27, 2019, 06:59:27 PM |
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Bittrex is not a bad exchange for me in terms of their service.
However, most of exchanges ask for a selfie of yours along with the photo ID to ensure that the photo ID is not a stolen one. This is doing for your own safety because if someone else who stole your photo of photo ID can pretend as you and do illegal activities which is known as identity theft.
Exchanges have to comply with the rules and regulations and they asked to take necessary measures to identify their customers. Therefore, we have to do it and pass the KYC verification though we don't like it.
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arpon11
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May 27, 2019, 07:42:29 PM |
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We really need to understand this with the exchange platforms and id verification is to bring government confidence into cryptocurrencies. I think many dubious people are hiding under the anonymous nature of cryptocurrencies and bitcoin's transactions in particular to fund terrorism, hacking, scamming, stealing public fund and laund it through exchange and that is why it is good they know the identity of those that used their platforms.
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fullhdpixel
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May 29, 2019, 10:10:22 AM |
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We really need to understand this with the exchange platforms and id verification is to bring government confidence into cryptocurrencies. I think many dubious people are hiding under the anonymous nature of cryptocurrencies and bitcoin's transactions in particular to fund terrorism, hacking, scamming, stealing public fund and laund it through exchange and that is why it is good they know the identity of those that used their platforms.
When it comes to exchanges like Binance and Bittrex, they are the most respectable exchanges I have ever seen because they would not take any shit that would tarnish their image or mar the investment of their users. If we make our right investigation, we will find out that op is probably the one at fault here which should be all about KYC and I don’t know why people who feel they are not dubious run away from KYC, if we trust an exchange and that is the only exchange we chose to use, I think the KYC is worth trying. The only exchange I have been using is binance which I have done my KYC and have no reason to go drop my KYc again somewhere else. |
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Bragod
Newbie
Offline
Activity: 12
Merit: 0
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August 31, 2019, 06:58:14 PM |
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I have had the legacy account for years. Bittrex locked me up about a week ago, so I made a successful ID verification, but I refused to make an extended KYC verification. They want a photo of my face along with the ID, but I disagree with it. My argument is that they don't have my permission to own and keep my photo. From my point of view, it is a great risk to give them such a picture. https://medium.com/@wilderko/how-does-kyc-aml-pose-a-serious-threat-to-your-privacy-and-should-not-be-used-at-all-88f7acd3f3bI wanted to terminate account, but they always reply with asking for that photo. So today they asking for our face photo with ID, and next time they will want maybe our DNA or other biometric identification. Who knows. I don't understand how they can rob people in this way. You should have reported the incident and written a review of Bittrex. New users should know as much as possible about exchanges. Both positive and negative sides. This will allow you to have objective information. Your experience will help to avoid unpleasant surprises with Bittrex. I recommend leaving a review here - https://www.trustpilot.com/review/bittrex.com and https://revain.org/exchanges/bittrex |
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SirLancelot
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September 02, 2019, 01:03:19 PM |
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You should have reported the incident and written a review of Bittrex. New users should know as much as possible about exchanges. Both positive and negative sides. This will allow you to have objective information. Your experience will help to avoid unpleasant surprises with Bittrex. I recommend leaving a review here - https://www.trustpilot.com/review/bittrex.com and https://revain.org/exchanges/bittrexI guess that you are confused too because if you see what op write, you will see that the exchange has no issue. Op is probably trying to extend to some transactions that has gone beyond their free level, and they already drafted policy of KYC, and the moment you chose to use the exchange, then you are agreeing to go by the rules. If the op fail to follow their rule, what do you expect them to do, they should leave the system open because he is Mr. president\/ since he does not want to go by their rues, they have every right to actually lock him out and that I dint think there is even need for reviews about them because they have not done anything so bad to me. Op does not want KYC then he should look for another exchange. |
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