Post
Topic
Board Altcoin Discussion
Re: Why ICO isn't recommended earning site ?
by
harizen
on 11/03/2019, 23:27:41 UTC

4. Most of ICO need KYC

Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.

Strict regulations imposed on ICOs leads into implementation of KYC to it's users. That's normal to those "registered companies". Somehow it will minimized the risk of being sh*t although as a whole, ICO industry is not that interesting today so giving out identity's is not worth at stake.



As a bottom line, try to think outside the box of some ways to get profit in cryptos without engaging into ICOs. That's not really an advisable thing to do especially for newbies. Do not test the waters until you don't understand the risks of putting money here.