If the investors will give their real documents to the xbricks' project how can they assure that their identification will be secure to the scammers and these scammers will not use their name in illegal doings?
This is just a big trick. I cannot understand why would an exchange require an identification for their clients or users. Who knows if these informations are kept private by xbrick.
Well, with their expertise. I believe they are capable of securing our personal details without anyone can see or steal. Let's just be positive and trust the team because they only want a better exchange for the crypto world.
correct, we need to give trust on giving our personal details if we really want to use this exchange, and if we want to have this project success we can make it through giving our support on this ICO sale, hope for the success of this project to have a better service of this exchange.
KYC is needed for exchanges like this to reduce the risk of money laundering acts and can minimize the criminalization or stealing other funds from another user of the market exchange. This just to secure both the exchange and the user of the platform.