Post
Topic
Board Announcements (Altcoins)
Re: ⚡[ANN]⚡CryptoRiya 💰 Crypto to Cash Anywhere Without any Bank 🗼 Join PreSale 🗼
by
tokeisou
on 15/06/2018, 04:44:02 UTC
No KYC ? You are not scared of SEC ?
Have you read the whitepaper? http://www.cryptoriya.io/whitepaper.pdf

There will be remote KYC for luxury debit card but other than that, all other transactions are KYC free. Just like overseas remittance, you don't have to send a copy of your ID to the person sending the money. Just give your name, date of birth and mobile number. You are, if your country requires, in need to fill out remittance form and show your ID to the financial institution where you are claiming the money.

It seems that this Cryptoriya kyc is easy and not complicated, it certainly will be a lot of interest.
CryptoRiya this does have great potential for the future. And will prove that CryptoRiya can hit the public about the world of crypto so far.

The no KYC feature of cryptoriya will make it more attractive to more people. The idea of having a decentralized currency like bitcoin is what make cryptocurrencies soar in value. People believe that no authority should have power over this type of currency. Although government of different countries try to put measures preventing a free exchange of cryptocurrency, more and more people still appreciate this and with Cryptoriya I believe that the burden of crypto to cash and other type of exchanges will be much faster and readily accessible.
It's a NO KYC for CryptoRiya, and easy remote KYC only for those who will avail of their luxury debit card! With this, many users of crypto currency will be interested in joining!
I still wonder how did they make this possible to become non KYC since most often than not, this types of company would keep information for record and statistics purposes.
They still will have statistics since all transactions would be through the platform, and even blockchain transactions are public. KYC is not really needed for statistics.
Crypto currencies are not regulated, therefore, eventhough they are tradable financial instrument, are not considered as security and obviously this one has no need to be scared of SEC.