Post
Topic
Board Altcoin Discussion
Re: KYC should be for big whales
by
myohmy81
on 31/01/2019, 11:42:18 UTC
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
I think this is a requirement if the project wants to get listed on a centralized exchanges like binance that all their token holders should have passed KYC. Yes it should not be mandatory to us being a bounty hunters but we can't do anything on that unless we will not going to join on their bounty. Only those admin and developer has the final decision about KYC. If we want to claim our rewards then we need to follow them. I just hope that they should take care of our data not to get into the dark web.