Yes exactly. KYC is only required once a user requests for a withdrawal. We have already unauthorized/blocked IPs originating from countries where jurisdictions regarding cryptocurrencies are unclear. This is our first step of KYC. The second step is to verify your identity through official documents & a photograph of yourself. If you fail your KYC procedure, all your funds (amounts saved in USD - not coins or its values) are refunded in full to the original payment option you have used & your account is closed until further notice.
it seems that the KYC process is not so complicated so it must be properly considered if it makes KYC so that later there will be no mistakes and still be able to accept the results of his hard work.
right, you don't have to use a passport, and you can use an ID Card and Driver License,
this makes it easy for bounty hunters and investors to join Cointorox