Quote from: lissaoc on September 29, 2018, 01:26:25 AM

Quote from: Rustamm on March 11, 2018, 08:21:18 AM

Quote from: Laloo1123 on March 11, 2018, 08:06:07 AM

n way we not afraid for the required KYCs i think its good for our security

I do not understand how it can be good for security that you transfer your personal data and copies of your documents directly into the hands of scammers? According to statistics from 902 ICO projects, a third turned out to be scammers. Even if a company that conducts an ICO and is registered in a country where it is required to conduct a KYC audit, this does not mean that such a company will not later be fraudulent.

i actually get your point but KYC is for the company so that they know that you are real and not some scammer that would just buy and probably do something afterwards.

In this way, it is true that KYC is needed for a proof that the exchange was indeed carried out. So there is no need to be afraid or suspicious of the KYC. All is done to reduce fraud that is happening.