Post
Topic
Board Altcoin Discussion
Re: What does KYC gives you ?
by
Vaculin
on 01/01/2019, 08:33:29 UTC
KYC has hardly brought us any benefit, as most KYC projects still do not have any tokens or off-the-shelf products that are already on the market. This means that even if we participate in the KYC project, we are not likely to be 100% profitable.
I agree with that, KYC is just another risk for us, since we are oblige to give our personal detail.
I really don't understand why some really needs to push that KYC, when if it started trading in exchanges, one can buy it without KYC.
What's the use, I know it's government requirement, but government did not analyze that well?