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

LOL.
You are scared about your bank details?  What are they gonna do send you money ?Grin Grin

You should be worried about givig your passport data easily away, if one is not trading against fiat, there is no legal reason for KYC. So be carefull who you give your data to, otherwise one day you will recive a letter saying that you are in debt for purchasing something you did no buy,