Post
Topic
Board Altcoin Discussion
Re: KYC should be for big whales
by
elite070
on 04/02/2019, 19:55:24 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

That is to ensure the reliability and the nationality of the investors. They need to follow up some country regulation if they can invest or not in an ICO whether they are big or small.