Hello every one please post your valuable suggest, why an exchange required bank account details to complicate their user verifying, are is it legal for crypto market , generally we give passports, or national Id card to verify exchange account . I see some one exchange require bank details to verifying their user account. Please everyone give suggestion about this. Thanks everyone
Because they are being pressed by the governments to ask that kind of information, in my opinion it makes sense that governments want that information if you are exchanging cryptocurrencies to fiat, after all that is their system and they have all the right to do whatever they want, what it bothers me is that they want your information even if you're only trading cryptocurrencies and not fiat.