Post
Topic
Board Marketplace (Altcoins)
Re: KYC, during or post ICO?
by
supermine
on 07/08/2018, 15:35:44 UTC
What is the  pros and cons of doing the KYC during the ICO or post the ICO?

I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach

 
Passing the KYC during the ICO period is better because some countries don't allow you to participate on ICO's if you are from that country you invested earlier but later if you want to pass KYC you may not so you will lose your money.Bu many people were afraid to expose their personal details earlier because of the personal information can be misused if they are scammers.