Post
Topic
Board Altcoin Discussion
Re: Avoiding the KYC procedure
by
mpufatzis
on 23/04/2018, 08:31:09 UTC
Keeping your anonymity doesn't mean that you are a criminal.
We know that there are sites/companies that sell their data to other companies and some people don't want it to happen.
Except this, Crypto doesn't mean only, that the wallet is protected through encryption, but also the owner of the alt is unknown to the public.
You can't avoid KYC procedure, but you can avoid investing in ICOs who demand it and use only decentralized exchanges.

Avoiding the KYC procedure when investing through "dark" pools is for you a plus (provides anonymity and saves time) or a minus (more risks, harm for ICO, illegal status)?

why are you afraid to do the kyc process? only criminals are afraid that their identity is revealed, if you are a good citizen, you need not be afraid.