Post
Topic
Board Altcoin Discussion
Re: KYC should be for big whales
by
marseille
on 31/01/2019, 22:42:55 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 agree that it is impossible to complicate the kyc process for small investors, because it can damage the market. otherwise, this market will only be for financial institutions.