Post
Topic
Board Altcoin Discussion
Re: Why exchange want to bank details for kyc???
by
ropyu1978
on 10/09/2018, 13:54:02 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

this is especially common in some large exchanges, real exchange does the same thing in terms of verification. there are many factors, but the most logical factor is to avoid any theft or money laundering.