Post
Topic
Board Altcoin Discussion
Re: Why exchange want to bank details for kyc???
by
happyme1818
on 10/09/2018, 12:50:03 UTC
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 I’d 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
If you are using bank transaction to fund your account in an exchange I think it is acceptable because the government are very strict in money laundering activities. But if you are only using Bitcoin and altcoin to fund your account I think it is not necessary.