Post
Topic
Board Bitcoin Discussion
Re: KYCs (Know your Client) is killing crypto
by
Argoo
on 25/03/2018, 19:12:51 UTC
When I was starting to get involved in crypto-currency, one of its features that attracts me is the privacy it gives you. Now with all those KYC being required in exchanges and in ICOs and other platforms, some people are beginning to be hesitant in their activities in crypto.

Checking KYC is a very unpleasant procedure, which, if possible, should be avoided. Investors may not buy tokens in the ICO campaign, which tries to get your personal information from you. We can also apply only to decentralized exchanges and exchangers that do not require the provision of such data. If many will do so, centralized exchanges and exchangers will decline.