Post
Topic
Board Trading Discussion
Re: Trade without identification?
by
Melkoroth
on 15/01/2018, 18:38:54 UTC
Hi,

The exchanges I saw till now demands a copy of my ID card to let my buy or sell anything. Is there anyone that dont ask for it? Im not happy with let my ID through internet, and I dont know how can they do with it. Is it possible to do antoher way?

Thanks
Now a days most of the exchages asking for identification this is due to the government rules maybe, because many government are strict with the cryotocurrency or it will encourage illegal activities in theor countries.So I think it is necessary to provide the ID so crimes can be cut down.
But some exchanges like Binance maybe not asking ID for registration as for now but they also will implement it soon.So you have to be ready with your ID if you want to trade on best exchanges.

Im aware of it, but think about it. Do you know who are behind every exchange? Do you know how they store youre ID and sure that they dont sell it to someone or it can be stoled from them? They wouldn´t be the first one, and then you´re ID can be involved in the crime you want to cut down. Are you sure that youre ID is as safe as can be in bank?