KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
In my country if using crypto to exchange is a violation of the law , But they do not banned to buy or hold crypto .
In my country there are many crypto scams. These ICO scams come as mushrooms. The state has warned not to protect the ICO-related money, so anyone tricked must also accept.