Post
Topic
Board Altcoin Discussion
Re: Avoiding the KYC procedure
by
Matthewmorris4
on 23/04/2018, 18:42:20 UTC
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)?


Well, I think that when a project asks for KYC procedure (especially regarding large investments) - that's good and shows that they're very serious and responsible.
But for people who actually invest (and thus have to pass KYC) - that's another headache - as not many people are willing to share their passports' data, bills info and etc

i think its not guarantee that they have a serious project at all. why we must store our information to the stuff that we even didn't know for what is the data ?
its more possible that they will used it for more dark job.

there's no guarantee that our investment will go to the price as the project expected, right ?