Chinese guys from binance must be kidding..
20 wtc (~40$ as for now, don't know about future price) for providing your full kyc including selfie!
While that's nice marketing trick to enlist more kyc'ed users in, i consider it bad deal.
On the top of it, 2 btc daily withdraw limit for anon user vs bittrex's 4 (withburner phone registration). And Chinese exchanges track record for full-exchange-scale freezing crypto withdrawals for months...
If anyone is too much eager to sell their kyc for money, go for kyber ico. ~3 ether capped investment will get you near sure *3 ROI in some week (in exchange for kyc+selfie). or kik ico..
Today's crypto users just don't care about privacy
I predict that in 1 year from now we will see marketplaces on blockchain for lending this kind of info for ico participation (maybe also exchange register). lending means the lender fills in the info directly to legit ico site and gets tokens compensation for it upon success (or penalty to reputation if fail). Ico anyone?
The demand is clear with some users don't care about privacy and want to earn passive income, while others care and ready to pay..
20 wtc (~40$ as for now, don't know about future price) for providing your full kyc including selfie!
While that's nice marketing trick to enlist more kyc'ed users in, i consider it bad deal.
On the top of it, 2 btc daily withdraw limit for anon user vs bittrex's 4 (with
If anyone is too much eager to sell their kyc for money, go for kyber ico. ~3 ether capped investment will get you near sure *3 ROI in some week (in exchange for kyc+selfie). or kik ico..
Today's crypto users just don't care about privacy
I predict that in 1 year from now we will see marketplaces on blockchain for lending this kind of info for ico participation (maybe also exchange register). lending means the lender fills in the info directly to legit ico site and gets tokens compensation for it upon success (or penalty to reputation if fail). Ico anyone?
The demand is clear with some users don't care about privacy and want to earn passive income, while others care and ready to pay..I mean they log your IP already. KYC is mandatory if you want to trade big anyways. It is a trade-off you want to trade small and stay anonymous or legitimize yourself and be able to withdraw big.