Quote from: moonfrost21 on December 22, 2017, 06:34:04 AM

Quote from: negancoin on December 22, 2017, 12:56:53 AM

Quote from: Doctor-Coin on December 21, 2017, 12:39:48 PM

Quote from: moonfrost21 on December 21, 2017, 04:59:18 AM

Quote from: 4p0l4k4y on December 21, 2017, 01:01:53 AM

I didnt notice my self reading your whole summary. Yes you are definitely true that few years back it is not required to provide personal information to poloniex but now it is already mandatory. I hope you guys speed up your website launch so that I could transfer all my funds to your trading platform.

My thought so far is that Velox will be the only exchange that will not require its traders to provide personal information, which is great. I hope they won't change it in the future like Poloniex and other exchange. Although there will be a downside to it.
How are they going to prevent a certain trader from using their exchange for laundering?

I dont think that this is possible with no personal information. May be just as the other exchange services they will not ask for the personal informations till 2-5 BTC. But as long as getting serious with 100 BTC and open end they have to ask for personal information bcs of money laundering laws. This is a rule from the government not from the exchanges itself.

they used the term Anonymous ( The Future of Anonymous Crypto Trading & Exchanging ) and they also said no limit, no verification. So if they ask for any kind of info related to KYC, it will consider as a lie in my opinion.

That's why I made a follow-up question because it will obviously attract the attention of those people who have bad intentions like scammers.
Will this exchange become a black market in the future? Or can they prevent that to happen with some sort of security features?

There are other decentralized exchanges that ask for nothing just to import your private key like etherdelta. So is this one a black market ! We are living in crypto world and asking this question is like questioning bitcoin, ether itself because cryptocurrecy is anynymous..