Quote from: RyCriptoC on November 29, 2018, 03:53:45 AM

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Quote from: Ace44 on November 27, 2018, 11:57:47 AM

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner.

Most crypto community guys do hate kyc although we have to realise that it is for our good and most times it doesn't take most of our time.

I agree, It's really for our own and the projects goods too. But doing kyc sometimes are really an annoying thing specially if the project is really strict about their needed documents. I hope bitmax will not going to be like that.

Well, for me it's just that I really feel uncomfortable when I have to upload my personal documents to the internet. I know the projects have to do KYC do be compliant to regulations but I always fear that the KYC documents get in the hands of an unauthorized third party (hacker etc.).

I believe BitMax team have done their homework and knows the effect of losing documents to hacker. Thyrbqre running exchange so security will be highest level.

for those who invest heavily in KYC they should need to be kept secret because they are afraid that it will happen, and if only for those who invest small I think KYC is not too mandatory, if I invest I prefer simple things because they only need to meet their needs every day