Quote from: perla on February 02, 2019, 03:54:28 AM

Quote from: Oilacris on February 01, 2019, 11:28:49 PM

Quote from: itarachiu on January 20, 2019, 05:57:12 PM

Quote from: coolcoinz on January 20, 2019, 04:28:38 PM

That's the weakness of KYC and we had a taste of it when facebook got hacked and another one when this forum's database got stolen. I miss the times when we could trade freely without having to deal with KYC on sites like bittrex and poloniex, but things change. Unfortunately, in most cases they change for the worse.
I used to be and still am against KYC and government agencies trying to oversee crypto trading, but reading the posts of some forum members here makes me thing that I'm in the minority.

VPN + download Google Auth for PC = No more KYC Cheesy

I tried as a test 1 year ago and I successfully bypass all KYC verifications, I forgot on which one of exchanges... it was one of the most popular.

How could you bypass a KYC verifications using only VPN and Google Auth? Aren't you aware what is KYC means? It just means that they want your real name and address while some of it asking for a any verified government ID's. Don't make KYC as easy as you think, it is not that simple.

Maybe what he means is about KYC still used only to increase withdrawal limits. Because he said in last year, when we put 2fa we get more limit, and if we do KYC, our withdrawal limit is increased again. Like we must pass any tier of security level in that exchange.

I think KYC is good in a sense that it can prevent fraud but it is the responsibility of the exchange to keep our KYC safe.

Quote from: Snaic on February 02, 2019, 04:57:33 AM

Quote from: sehoon on January 28, 2019, 04:39:54 AM

Quote from: cokroalif on January 20, 2019, 04:18:54 PM

it's something scary, now KYC can also be hacked, I really don't think the darkweb site is really dangerous

No, dark web is a really dangerous site. There are a lot of illegal things that are ongoing there and anyone who gets there can get involve in crimes. Now, this proves a lot of things about KYC. It is not good and it is not safe. As a bounty hunter, we should not deal with KYCs anymore because of the risks.

For bounty hunters, checking KYC has always been and remains illegal, because the task of KYC is to prevent the laundering of dirty money. We do not deposit any of our money in ICO projects and therefore should not undergo such testing. The KYC check is carried out at the end of the ICO, because the ICO team does not want to pay as much as possible to the bounty hunters we earned tokens.
KYC verification is only advisable for large investors in ICO projects and large traders on the exchange.

That's even more scary as we cannot trust any ICO and if any ICO teams want they can misuse our KYC in the wrong way. Should be extra careful while submitting our official documents to ICO.