I have question people send thier kyc for ico which are passport and other documents but should we submit real document or fake???
Only your documents need to be sent, it is in the conditions of KYC everything is registered. But whether this is safe it will be a question for everyone.
It is important to send the real and authentic document for KYC because that is their main objective to know that the person is real to avoid illegalities. It is also a way to avoid being used for money laundering activities. Related procedures also enable the company to better understand their customers and their financial dealings. This helps them manage their risks prudently. Today many businesses are doing KYC not only crypto but also banks and different online businesses are implementing KYC.