Re: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform

Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?

Yes, it will be required.

That will be required for everyone, or only if you want to withdraw big amounts?

It has been said necessary to verify identity when making a withdrawal.
So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.

So there won't be a way to trade anonymously on KubitX at all? I think you should be a bit more flexible.

This has been stated previously in this thread, I even think it is stated in the WP as well. The rules made by the team say that no anonymous trading is allowed and that traders must be verified. I do not consider this a problem and you cannot expect them to be "flexible" when some ground rules have been set and defined previously.

I believe that making all traders to verify their identity Kubitx will lose a lot of potential users.There are bigger exchanges that don't require verification for smaller amounts of withdrawal.

It might make some users go away and decide not to go invest in the Kubitx but those are the rules. I guess its either Kubitx was or highway.