Post
Topic
Board Altcoin Discussion
Re: Why exchange want to bank details for kyc???
by
darewaller
on 21/09/2018, 10:27:46 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
Which exchanger are you talking about, because each one of them is likely to have a different reason for requesting for users bank details. But I think the only time you should ask for your bank details is when you want to withdraw your money from the exchanger.

By the way you need to be very careful on the information your give out these days because it’s very risky, they can steal your information and sell it on the dark web.