Is it still okay to fake kyc in 2021?

[Jackl87]

I’m sort of new to the scene but I’ve noticed how much money there is to be made in IDO’s. The problem of course is that almost all requires kyc and doesn’t except USA people. I read previous posts about this but the last was in 2018. So I’m wondering if anyone can provide their opinion on this... thanks 🙏😁😇😂
Also, if anyone could give me advice on the best way to go about this it would be very much appreciated!
Thanks 😊

Faking KYC does not sound like a good idea to me not matter what year we are in. It is true that a lot of IDO's are excepting people from the united states but i guess you just have to live with that. Or you take the risk and fake a KYC but then you have to live with the consequences if it comes out. I understand though that is is annoying for people from the US or any other excluded countries if they can not take part in a public sale and have to wait until the project is listed on uniswap or pancakeswap and in most cases they have to buy the coins for a higher price there.

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[TastyChillySauce00]

KYC is illegal and will always be and it's gonna harm the person who has the ID if you happen to use stolen information, even it's basically identity theft and that's some grave offense in many countries + it's very disrespectful as well to without permission use other people's identity.
and if you're concerned about privacy because of KYC and maybe doesn't trust the platform you could just avoid the IDO that requires KYC it's just that simple and if all the quality project requires KYC then nothing we can do about.

[electronicash]

we just can't trust an ICO or IDO website. it's just an IDO so they actually have no right to get the data we have. just think about it, you are the one sending BTC and ETH to them and they have the nerve to ask for your documents.

if you are open to investing in a project then you can just wait for the token to be in the market so you can invest in it. don't chase the profit because you have discounted price when you participate in the ICO.

[lxiaoh]

KYC is illegal and will always be and it's gonna harm the person who has the ID if you happen to use stolen information, even it's basically identity theft and that's some grave offense in many countries + it's very disrespectful as well to without permission use other people's identity.
and if you're concerned about privacy because of KYC and maybe doesn't trust the platform you could just avoid the IDO that requires KYC it's just that simple and if all the quality project requires KYC then nothing we can do about.

That is excellent right，using fake ID to join in the IDO is not good.Do not impose on others what you yourself do not desire. If OP just wanna take part in IDO that requires KYC，then using your id to join in.
Anyway，i still wanna ask，is it IDO still profitable？

[vabchgent]

KYC will be the requirement for every exchange that we want to operate seriously in our realms. There is nothing you can do against it!

[Ruvi2000sew]

Fake kyc will not be beneficial to you. The kyc system used to be simpler than it is now. I believe that the current kyc laws and system are severe and severe. Because the majority of kyc questioners want a live selfie of your face. For kyc verification, you must grant camera access and face recognition. You will be failed at this step and will not be able to complete the KYC verification. Also, if the KYC is required for a prize,

[pedrillo0]

I’m sort of new to the scene but I’ve noticed how much money there is to be made in IDO’s. The problem of course is that almost all requires kyc and doesn’t except USA people. I read previous posts about this but the last was in 2018. So I’m wondering if anyone can provide their opinion on this... thanks 🙏😁😇😂
Also, if anyone could give me advice on the best way to go about this it would be very much appreciated!
Thanks 😊

I understand that IDO for the most part do not ask for KYC, it is better to use this newer system.
Well, I think you are new in this world, with your user level, right?

I leave you to understand more about the ICO, IEO, IDO:

[Kena Banned]

I’m sort of new to the scene but I’ve noticed how much money there is to be made in IDO’s. The problem of course is that almost all requires kyc and doesn’t except USA people. I read previous posts about this but the last was in 2018. So I’m wondering if anyone can provide their opinion on this... thanks 🙏😁😇😂
Also, if anyone could give me advice on the best way to go about this it would be very much appreciated!
Thanks 😊

Theres so much people here buy someone accounts to join IDO or something similar with it, i dont think they face any problem and keep doing it.
But i think the problem is when the seller of the account try to recovery the account by act that his account was hacked.

[lobo13hf]

KYC will be the requirement for every exchange that we want to operate seriously in our realms. There is nothing you can do against it!

What he wants to use fake KYC to complete the upgrade for his account which is inappropriate caused by that was the same doing the criminal action. The exchange site can take a legal action against it consider when you have signed up on the exchange site and you have been clicking the box that contains rules and agreement.
That means if you wanna get more daily trade limit or access to the IEO and it's better to use your real KYC instead of try to submit fake KYC.

[electronicash]

KYC will be the requirement for every exchange that we want to operate seriously in our realms. There is nothing you can do against it!

What he wants to use fake KYC to complete the upgrade for his account which is inappropriate caused by that was the same doing the criminal action. The exchange site can take a legal action against it consider when you have signed up on the exchange site and you have been clicking the box that contains rules and agreement.
That means if you wanna get more daily trade limit or access to the IEO and it's better to use your real KYC instead of try to submit fake KYC.

only few ICO projects i noticed that are asking kyc these days. i rarely check ICOs but DEFIs doesnt ask KYC which is good if you being an investor likes defi. defi and the dex will likely be the next you will be usng if you tend to avoid kyc for privacy. exchanges nowadays doesnt even want you to withdraw with just 0.05BTC without submitting data.

[Squezzi55]

I hate the fact that IDO platforms ask for KYC, this is what keeps me away from IDO platforms if not I would have made some good money from polkastarter and others till date but also if there is no KYC maybe there will be too much crowd on the websites or maybe it's for security purposes, it just sucks anyways

[john1010]

KYC is very important, because many of the good project required it in all of their users, but KYC is also causing problem specially whenn you gave it to some fly by night project, your information could be use in illegal activities so always do DYOR in everything.

[crazy-pilot]

Yes, this is possible. It all depends on the level of technology that the platform uses where you have to go through the identification procedure.
There are platforms where only a document is required, but in most cases you also need to bring your face to the camera to read biometric data, which means that you will most often need a live person to pass the KYC.

[Rengga Jati]

-snip-

It was, but it depends on the platform, how accurate the ID that you are using. Of course, not all platforms are available to accept the fake one because they may have much better ways to KYC right now. And if you do it, whose ID you are going to use? And if it is used for KYC in a centralized platform, you may get a problem someday and you cannot prove that it is yours because e that is not your original KYC. So, why don't you try other platforms if you don't want to KYC?

And here, btw, you were only here to create this thread and then no respins for all answers by the memebrs? Did you read it? Or you only wanted to get the answer and then elave? 

[Wawa2013]

Yes, this is possible. It all depends on the level of technology that the platform uses where you have to go through the identification procedure.
There are platforms where only a document is required, but in most cases you also need to bring your face to the camera to read biometric data, which means that you will most often need a live person to pass the KYC.

Of course you can do fake KYC in 2021, because there will always be platforms that have weak security. As you said all we need is a live person
and their personal data, we can bribe someone to do that. But of course there is a risk of being caught, and that can cause the money we have
to be frozen. I really don't recommend doing fake KYC. It is better for us to use our own personal data, as long as the money we use does not
come from a ilegal source, there is no need to hesitate to do KYC.

[bluebit25]

I haven't been much involved in IDO lately, but I've found that most of the IDOs on good platforms get a lot of interest from people looking forward to being able to buy it. And the problem is that some people have performed cheats to be able to be on the whitelist, the KYC problem is considered simple if they can be confirmed to be on the whitelist.

[Sithara007]

Yes, this is possible. It all depends on the level of technology that the platform uses where you have to go through the identification procedure.
There are platforms where only a document is required, but in most cases you also need to bring your face to the camera to read biometric data, which means that you will most often need a live person to pass the KYC.

KYC requirements are getting stricter now, because a lot of people are faking their KYC information. Documents are available for sale in the dark markets for as little as $5 or $10 each and those who don't want to shed their anonymity resort to using these documents. But even if they make KYC strict, with live Webcam, there are still loopholes. Someone who does the KYC can just pass on the login information to another user. And they are not going to demand KYC every two weeks or so, because it is a one-time procedure.

[imstillthebest]

I’m sort of new to the scene but I’ve noticed how much money there is to be made in IDO’s. The problem of course is that almost all requires kyc and doesn’t except USA people. I read previous posts about this but the last was in 2018. So I’m wondering if anyone can provide their opinion on this... thanks 🙏😁😇😂
Also, if anyone could give me advice on the best way to go about this it would be very much appreciated!
Thanks 😊

why would you fake your kyc ? faking it is like cheating so no it wasnt okay at all times .
why not provide your own kyc but only to the projects that are legit and you can skip those who restrict your countries because theres still more of them that you can chose from .
 there are other ways or other products in cryptos that you can invest without needing a kyc if you dont like giving yours .

[karungbitcoin]

I think no good idea to give personal data to others parties, because we don't know who exactly the person will store that our data. I been heard from alot of media if bad people can use it for criminal. The option to join IDO is choose IDO platform that allows to buy tokens without KYC. If we interesting to buy the tokens but the IDO should be with KYC so other way to buy the tokens is when listed on exchanges.

[raidarksword]

Faking KYC will only get your trouble buddy and by doing that you'll put your self on harms way. I guess there are IDO you can participate that don't restrict countries and doesn't request full identification by that your information is safe.