Quote from: piloder on May 06, 2018, 02:02:59 PM

I think this is more related to decrease the growing fud over p2p crypto exchange with reversible payment methods. Don't know whether or not LBC will cooperate with law enforcement in case of scam but giving your identity to third party like LBC is quite risky. There is no point in using LBC instead of your local trading platform if they will make verification as mandatory requirement.. Grin

True, if you don't need cash in hand it's far better to do KYC with well known exchange where you can even get better trades. LBC offered no verification needed and was nice place to go there even if rates where higher still it was comfortable to do trades. Seems they won't require from all users to verify if I understood well but this is indications that verification might be applied to all users in the future. Well they must have good reasons for doing this as well.

Quote from: St4yInTh3D4rk on May 06, 2018, 06:52:21 PM

And one more the traders are also asking for our ID to verify to the people who are selling bitcoins to them but most of the people are not confortable with these activities but what we can do it is their terms so we need to agree if we want to continue.

So don't sell any bitcoins anymore just hold it forever. Cheesy

Traders are doing this for the higher risky methods such as buying and selling with PayPal and such services where there is high risk involved. But yes if we want it to continue best is to follow up their requirements or else find another place.