Post
Topic
Re: ⭐️[ANN][ICO] TELLURIA - German reliability, European quality! 95% READY PRODUCT!
by
CaSiO3
on 30/04/2018, 14:44:23 UTC
Do i need passing kyc for participation in this ICO?

We do not require KYC to participate in our project
Now more and more American and European cryptoexchange exchanges are moving to mandatory KYC procedure, which would follow the law.
Do you intend to introduce this mandatory procedure already on the launched exchange?

Decentralised exchanges usually do not have a policy for doing a KYC since they can run anonymously without external interference so they might not add kyc

Well it's not entirely clear whether telluria is a decentralised exchange or a centralised one yet atleast. Cant rule that out yet



I think he meant more in a way that it's an exchange based around a single coin rather than the other way around so it might be true

More than that it's usually the Exchanges which also provide fiat that request for KYC. The crypto to crypto only exchanges dont usually

That's because they need to comply with the rules and laws of the place they register for the fiat exchanges so they ask for a KYC

The banks they will use to send the money will also be asking them the reasons and governments too will snoop when they pay in fiat