Is it still okay to fake kyc in 2021?

[TheGreatPython]

You're just putting your account at risk if you are going to fake the KYC verification of a particular platform especially if you have big amounts to put there. Platforms also want to protect their business by asking KYC so they can't be used as a medium for money laundering. I know that all of us don't want our identities to be sold on the black market or used in doing illegal things so we should also be careful about where we are providing our private information. If it is a reputable platform, then why will you be afraid of doing KYC.

You didn't read OP, I guess. He mentioned that some platforms don't allow members from specific countries like USA while people from such countries always want to take part in these things.

I have seen some guys making accounts and selling them to traders from the USA and personally, I think there is nothing wrong if one wants to buy some tokens and uses a third party to do that. Imagine they can also ask someone else to make the purchase on their behalf, no? Is that illegal? I don't think so.

There are people selling bet365 and other casino accounts regularly and although illegal I don't think there is much wrong with all these things unless you take someone's identity and misuse it. Then again, it's my personal opinion and I am sorry if you think otherwise.

[Fatunad]

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!

Not true. There are large exchanges that allow you to trade on them without going through the KYC procedure, as a rule, there is a certain limit on the daily withdrawal of funds in the amount of about 2 BTC, which is quite enough for most ordinary people.

And i do see for this amount to be enough for most people because having a limit of almost $70k on daily would really be sufficient for most people exempt into those whales who are making more than
with those amounts then its understandable that you would really be ending up with this option.

About faking KYC then its up to you,you do know on whats the risk once you do experience problems on where you do really need to prove out that fake identity that had been sent out earlier.

If you cant prove it then say good bye into your funds or something on that similar situation.Its a matter of personal choice but not all would have the same mindset.

[reza7777]

Never give fake KYC if it's related to the money you invest because when the project asks for different certifications and facts then you will lose money, if you really object to KYC it's better not to join the ICO/IDO, but if you still want to try it then please do it

[smyslov]

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 don't recommend there are risks involved for future reference, some projects ask for additional verification and besides, they are good at detecting fake KYC, and if you use another person's credentials with consent, be sure that he will always agree if the project asks for more verification details, it's better not to participate at all and wait for the project to get in the exchange to buy, there's always dump when it hit the market for the first time.

[lalabotax]

The problem of course is that almost all requires kyc and doesn’t except USA people.

Have you tried to look for IDO’s that no required for KYC?
I think it is the best solution for this problem. If you find non-KYC IDO's, you don't need to think about fake KYC.
The idea of fake KYC surely isn't good. You will get possible other problems by doing this. If you can choose another way, just avoid fake KYC.

[Dread Pirate Roberts]

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 😊

If you think the project will be a successful , why scared of doing KYC? KYC is usefull if one day there will be problems and you are asked for your identity and that will help you . also the risk for doing fake kyc is you might be loss opportunity if they issue that data. if, I would definitely think twice for doing it. better do it honestly or not at all.

[feelideb]

If you want to buy IDO and KYC is required and possibly you could not participated because of restriction place on your country, then do not participate. There are many avenue to generate profit in cryptocurrency, do not because of piece meal put yourself against the law. The act of faking KYC itself is a criminal act, there are many other coin you can trade or invest in that will be accepted in your Country!