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Author Topic: IEO exchanges not required KYC  (Read 2398 times)
H1N1
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October 24, 2019, 06:46:33 AM
 #101

Many cryptocurrency exchanges can be used without completing the KYC, but just only trading as trader.
To joining IEO, of course one must completing the KYC requirements because they are investors now, not only as a trader anymore.
Most of crypto projects that running ICO/IEO are requiring the participants to submit their identity details.

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October 24, 2019, 06:54:08 AM
 #102

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.


KYC is a double-edged blade. It can help us to eliminate scammers but it also sacrifices the anonymity we enjoy. Whenever I cash out some of my coins, it is mandated by the financial institution where I pay out the money to have KYC. It is okay for me since they do not asking questions like where I get the money or whatnot. But KYC in IEO is in different degree. It could really help the exchange to be safe from scams but it needs something big from its investors.
ATSgrowth
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October 24, 2019, 07:04:48 AM
 #103

It is easy, simply, do not buy tokens in IEO phase and wait for classic exchange listing. We are in the bear market, so calm down, price will go down in most cases after listing.  Wink

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October 24, 2019, 07:08:18 AM
 #104

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.


KYC isn't bad at all, it's only a protection imposed by exchange to avoid such users who can be a criminal or just someone hacked some tokens he will trade. It happened a lot before, so they just been protective over things. IMO its also not safe to give some personal data but nothing we can do about it. Just make sure you only give youre info on trusted one cause if its fall on an known entity there might be some identity theft or misuse of youre name in the crypto business which could lead you to worse.
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October 24, 2019, 07:11:13 AM
 #105

It is easy, simply, do not buy tokens in IEO phase and wait for classic exchange listing. We are in the bear market, so calm down, price will go down in most cases after listing.  Wink
that good strategy in bearish trend.buying coin in IEO didnt give us profits guarantee at all.we must able to recognized risk and opportunity in current condition.we know current bitcoin price drop again on around 7450, and the only good thing just wait till it hit the bottom on round 6000.we could buy bitcoin and ieo token in market, so we get the best price.

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October 24, 2019, 07:11:35 AM
 #106

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.

You can join with IEO exchange without KYC but only with shit exchange market want to allowed member without KYC, big exchange market listed IEO coin like Binance, Bitrex, Kucoina and Gate need KYC before become investor with IEO coin. Maybe you can ask to other put your money for your friend joining and investing with IEO without use your document for KYC.

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Bitcoinjheta
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October 24, 2019, 07:28:03 AM
 #107

Only few exchanges have not requiring KYC, luckily if you have a coin listed on this exchange like Binance, Coinbene, Kucoin and HitBTC and most of the IEO being developed today are build with KYC upon participating. This is for the privacy of everyone in the exchange and to eliminate scammers.
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October 24, 2019, 07:50:36 AM
 #108

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.

You can join with IEO exchange without KYC but only with shit exchange market want to allowed member without KYC, big exchange market listed IEO coin like Binance, Bitrex, Kucoina and Gate need KYC before become investor with IEO coin. Maybe you can ask to other put your money for your friend joining and investing with IEO without use your document for KYC.
I think if you are an investor you should do KYC in order to help the exchange with your rules. and do KYC on exchanges that have good popularity with the reason that the data you send is safely maintained, plus interesting IEO projects are on several large exchanges so I don't think you need to hesitate anymore
KYC will be useful if used properly. I agree, if the exchange has a good reputation, then we don't need to hesitate to do the KYC process. different from the exchange whose credibility is not yet clear, it will be dangerous if we do KYC, because they could have misused it, Moreover, the crypto world is a global world, of course it will be very detrimental for us


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October 24, 2019, 08:06:00 AM
Last edit: October 24, 2019, 08:17:11 AM by no1kid446
 #109

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.


In your own way, it is true that the electronic money is available to each individual, but the current exchanges are often required to verify KYC, and I recommend that iCO has a number of often non-compulsory projects.

For IEO on the exchange without KYC, you may be scam afterward.  This is my personal opinion.
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October 24, 2019, 10:52:29 AM
 #110

KYC is not that bad what people try to say. KYC is here to avoid scamming! Once I thought KYC is destroying my privacy. But now I think it is needed to protect a platform from account farmers or scammers. But don't submit your KYC information on a suspicious platform. I have no problem to do KYC in Bittrex but I will think twice to do in Hotbit!

Actually, Kyc does have a good goal, but there are some people who use it to sell their personal data. it becomes a suspicion, therefore if you want to do kyc then you should check the site because personal data is very important
And choose well known exchange before making a kyc its dangerous if you just give your info to new publish exchange without proving there self to be trustworthly .
 There are a good stablish exchange that you can use if you just want to buy an IEO coins.
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October 24, 2019, 10:08:01 PM
 #111

Guys, Im searching for a good exchange without KYC but with wide range of tokens available, you know some?
I know a good one with all things you have mentioned. bitrexchange com is the name. All your requirements are met
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October 24, 2019, 10:15:14 PM
 #112

Yes, as I have heard, they apply credit cards and work with legals. No problem here. I use bitrexchange every day to get BTC fast
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October 24, 2019, 10:32:40 PM
 #113

If the exchange does not require an identification procedure in order to raise funds, it is unlikely that such an exchange can be fully trusted.
Because according to the jurisdiction of most countries this procedure is necessary.
After all, terrorists and drug dealers can sponsor projects in this case, even if the project is successful, but it turns out that someone used it for money laundering or other criminal purposes, the project will be discredited on the world stage and will not be able to achieve proper success.

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October 24, 2019, 10:35:41 PM
 #114

Actually I think it's very necessary that exchanges should require kyc Qualification in ieo so as to not break SEC rules. Some Nations have prohibited its citizens from participating in icos/ieos. So kyc enables exchanges to tell which user is prohibited from participating in IEO.
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October 24, 2019, 10:40:56 PM
 #115

Yes, as I have heard, they apply credit cards and work with legals. No problem here. I use bitrexchange every day to get BTC fast
ANd as for tokens? What do you buy from them?
They have wide range, gram for example.  Cool
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October 24, 2019, 11:10:54 PM
 #116

Gram is really nice, I've heard, how much? Could you send a link?
http://www.birtexchange.com You can sign up and spot the price
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October 24, 2019, 11:20:26 PM
 #117

Gram is really nice, I've heard, how much? Could you send a link?
http://www.birtexchange.com You can sign up and spot the price
THanks for the link, I will look through  Smiley
I've bought there many times, really safe place for exchanging
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October 24, 2019, 11:31:08 PM
 #118

I am not sure if every exchange that has an IEO will require the same.
If you don't want to reveal your identity, then you can hire someone that you know to submit his information if that's the only way to participate in IEO, otherwise, the last option would be just to wait until it begins trading and hope that the price will dump so you can buy cheap.

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October 25, 2019, 09:31:34 AM
 #119

Only few exchanges have not requiring KYC, luckily if you have a coin listed on this exchange like Binance, Coinbene, Kucoin and HitBTC and most of the IEO being developed today are build with KYC upon participating. This is for the privacy of everyone in the exchange and to eliminate scammers.
I think that if you don't force KYC users to join IEO, there will be a lot of manipulating investors and they can control that coin anytime they want. In my opinion KYC is necessary in large IEO projects so if any exchange does not require KYC users, it is best to stay away from that project. In fact IEO is the fastest way to make a profit but the risk can still happen if the market falls.

Now the IEO trend is still a lot of people choose and don't worry about KYC because everyone must be fair when participating.
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October 25, 2019, 09:50:40 AM
 #120

I am not sure if every exchange that has an IEO will require the same.
If you don't want to reveal your identity, then you can hire someone that you know to submit his information if that's the only way to participate in IEO, otherwise, the last option would be just to wait until it begins trading and hope that the price will dump so you can buy cheap.
Well, even when you want to trade in large numbers, KYC is also very necessary, so when a project is doing IEO on popular markets such as binance, it seems like doing KYC in binance is not a bad idea. binance is one of the best markets. Not much IEO is done without KYC because it all has regulations. I suggest not to take part in the IEO if that happens, because when you want to invest in IEO, I suggest supporting IEO in popular markets, but all of them need KYC to participate.

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