Post
Topic
Board Altcoin Discussion
Re: What does KYC gives you ?
by
ymirymir
on 06/12/2018, 20:49:28 UTC
Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

Some bounties require KYC because of regulatory purposes. Not all countries allow their people to invest in ICOs due to cryptocurrency regulation in some countries, that is why some projects require KYC. Some must be requiring it so that bounty hunters will not cheat on their bounties. However, there are issues that personal data are sold in black market. That is why, you should join projects with KYC at your own risk.