Post
Topic
Board Altcoin Discussion
Re: Why exchange want to bank details for kyc???
by
BitcoinCommodor
on 13/10/2018, 06:20:52 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
Maybe it would have been best if you listed down the exchanges that does that and how it happened. If they do, maybe it’s for a way to send your payments to you, cause I’m sure they will always ask for details whenever you want to withdraw your money, unless they are paying the money to your Bitcoin wallet, but if it’s to your bank account, then you’re gong to give them your bank details to be able to receive your payment.