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Author Topic: IEO exchanges not required KYC  (Read 2398 times)
fotomask (OP)
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October 20, 2019, 03:23:54 PM
 #1

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
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October 20, 2019, 03:32:33 PM
 #2

This us been the norm with most exchanges in the crypto space, although there are exceptions with some of them if you are dealing with a minimal fund.
When it comes to participating in IEO, I have not seen any exchange that will not mandate it for participants to pass KYC first before they can be allowed to participate.
Most of the top exchanges demand for this. Although, there might be some who may not ask for it and I believe they will be the smaller exchanges, that mast not be trusted.
If you are not interested in giving out your personal data bor details to a second or third party, don't even bother to participate in IEO. Else, in the process of trying to force yourself through to participate in an IEO that does not require KYC, since you are still a newbie, you might fall victim of scam exchange.
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October 20, 2019, 03:46:25 PM
 #3

Every centralized exchange is required to do AML/KYC on their platform if they want to do it to prevent money laundering and the SEC penalty. That means there is no legit exchange that will run an IEO on their platform without asking the KYC to their costumer. If you do not want to send your KYC, do not participate in IEO but find ICO.
there are many projects do not require you to send your documents to participate in their sales.

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October 20, 2019, 03:49:00 PM
 #4

Dude, participating in IEO is good and profitable in large exchanges, and the average large exchange now requires KYC to verify safer, so I think it's reasonable for KYC because for security purposes, you are looking for IEO Exchange where there is no KYC I think this on a small exchange and that does not guarantee that IEO will succeed. think again Friend.
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October 20, 2019, 03:51:09 PM
 #5

sometimes KYC is required that you seriously participate in the IEO because maybe with that withdrawal limit will be raised, in the past the binance when issuing IEO fetch they require members to do KYC and scramble ieo and no one disputes it, because they know that binary market is the largest at this time, then the policy is now removed because it now has to hold several BNB for 1 month.
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October 20, 2019, 03:51:59 PM
 #6

Most of the exchange nowadays are requiring KYC due to law regulations that they need to follow too, and since IEO is conducted at exchange, so if you want to invest you have to follow the exchange rules. IEO is way better than ICO as it is more legit because the exchange itself is acting as an escrow and evaluating the project too.
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October 20, 2019, 03:52:31 PM
 #7


Is there any exchanges run IEO and do not required KYC.


Yobit.net
Livecoin.net

At the moment in my mind only these 2 exchanges let you join IEO without KYC. But I won't recommend joining these IEO's without proper checking like previous IEO's ROI & Exchanges reputation. Without a regulated market, it's very risky using these exchanges. I don't see any team information about these exchanges.

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October 20, 2019, 03:58:58 PM
 #8

This a cryptocurrency world, i see it walk toward centralized, and controlled by governments.
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October 20, 2019, 03:59:04 PM
 #9

I think a number of large exchange sites that have IEO programs provide the obligation to conduct KYC and must be able to get away from KYC to be able to participate in IEO because usually this consumer data from IEO will be used as collateral when the project fails there may be a policy to return funds to investors or other policies that use consumer identity.

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October 20, 2019, 04:10:55 PM
 #10

KYC "Know Your Costumer" is a very important procedure for knowing a company's customers. Previously KYC was intended for several ICO companies when the sale was in progress, investors were asked to submit KYC forms if they wanted to participate in ICO. For IEO, usually some exchanges ask participants to fill out the KYC form if they want to participate. But for some people, KYC is data or privacy that cannot be found in the crypto world. Investors and whoever is involved want their names to be anonymous.
If you want to participate in IEO, then you must also send KYC as an exchange organizer requirement. There may be exchanges that do not have KYC rules for their potential investors, but if KYC serves as an investor protector then you must follow these rules.

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October 20, 2019, 04:12:13 PM
 #11

Is there any exchanges run IEO and do not required KYC.
Look for Initial DEX Offerings (IDO)

The first and only platform so far (I think) who have done it is Binance DEX.
Here are some projects who launched their token sale there:
- https://medium.com/ravenprotocol/introducing-the-raven-protocol-raven-dex-launchpad-abc6b7725b9
- https://medium.com/@CubiexeSports/cubiex-ido-initial-dex-offering-on-binance-dex-details-e0088788811d

Edit:
I thought Binance DEX don't require KYC but upon reading on those two articles, KYC was also required.
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October 20, 2019, 04:12:59 PM
 #12


Is there any exchanges run IEO and do not required KYC.


Yobit.net
Livecoin.net

At the moment in my mind only these 2 exchanges let you join IEO without KYC. But I won't recommend joining these IEO's without proper checking like previous IEO's ROI & Exchanges reputation. Without a regulated market, it's very risky using these exchanges. I don't see any team information about these exchanges.
We all know where these exchanges are ranked among them,Livecoin may not add shitcoins like the other but if they can accommodate them they are not reliable for IEO. If you had not lost money in this space then you came yesterday and the loss in ICOs had made people careful, IEO is not better this year but safer with some exchanges. The ability of users to trade without KYC does not give them a better ratings, avoid losing fund to scammers

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October 20, 2019, 04:13:57 PM
 #13

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.

The best exchange i will advice you to join for better IEO investment are top exchanges like gate or binance and its a must to go through KYC, kinda necessary to avoid money laundering or scam acts, i think your KYC detail will be safer with top exchanges

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October 20, 2019, 04:16:20 PM
 #14

I'm sorry, as much as we don't like giving out our personal info, it's looks like this will be the norm in the coming years as exchanges are soon going to require us to submit KYC for verification purposes.

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.

So it's going to be difficult to not send anything if you really wanted to join an IEO. And remember that IEO's are being run by reputed exchanges so most likely they are going to require all investors to undergo KYC procedures, sad but true.
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October 20, 2019, 04:16:53 PM
 #15

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.


As far as I know, the top IEO platforms are requiring KYC. If you will give it value, then you will really undergo KYC. If the platform is not significant to you for as long as you can invest in an IEO without KYC, then you may go for less reputable exchanges. I guess we all share the same dislike with KYC but since that is what the laws require from the exchanges, they will implement it whether we like it or not. And most of the time, we just gladly comply.
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October 20, 2019, 04:18:39 PM
 #16

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.

The best exchange i will advice you to join for better IEO investment are top exchanges like gate or binance and its a must to go through KYC, kinda necessary to avoid money laundering or scam acts, i think your KYC detail will be safer with top exchanges

To be real, if you want to invest in a good IEO, KYC is a compulsion. There are many shady exchanges like yobit that claims to provide you profitable IEOs without KYC but most of the coins hosted by them are ponzi of a short. If you really don't want to give your personal data, you can buy the coins of IEO after they gets listed in the exchange.


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October 20, 2019, 04:21:02 PM
 #17

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.

Many countries restricted crypto investments or having money laundering against laws for that they need to know who were their customers.

Why you are going for new crypto investments better invest on the anonymous projects and coins which is already available on the market.

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October 20, 2019, 04:25:42 PM
 #18

I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.

I guess you can only find unknown exchange to have that one.
If you trust the exchange you want to buy an IEO Why are you affraid to pass kyc this is part of security that you are not belong to restricted country that unable to buy that coins by IEO.
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October 20, 2019, 04:36:29 PM
 #19

KYC is mandatory for any exchange site that launched the IEO program. What already offered in IEO application can be considered as a security offering. That means the exchange site must prevent those people who are coming from the countries that already declare to ban IEO. It can be done only through use KYC as the best decision to avoid people from those countries to participate in IEO.


Besides to prevent people from restricted countries to participate in IEO and the meant of KYC was to comply with the regulation, it already applied in so many countries to follow anti-money laundering regulation.

Some exchange sites are accepting IEO investors without KYC. It's too big to fail decision for you. I'll not recommend you to participate in there. 

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October 20, 2019, 04:40:42 PM
 #20


Is there any exchanges run IEO and do not required KYC.


Yobit.net
Livecoin.net

At the moment in my mind only these 2 exchanges let you join IEO without KYC. But I won't recommend joining these IEO's without proper checking like previous IEO's ROI & Exchanges reputation. Without a regulated market, it's very risky using these exchanges. I don't see any team information about these exchanges.

I just heard that Jubilee holds IEO? Are there successful IEO projects in Yobit like IEO in other exchanges? and how to see IEO in Yobit, I often open Yobit exchange but can't find the IEO lauchpad.

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