Post
Topic
Board Altcoin Discussion
Re: The misunderstandings in KYC (know your customer)
by
quarkyplum
on 12/03/2019, 14:37:55 UTC
I think KYC is not a problem because they want not to have many account users. And as long as they ask for KYC, we must check and be careful. But they also don't force you to do KYC. So you can also reject it, but as a result, you don't get tokens.

In my opinion, I think the KYC is useful for the investors who spend money to buy Tokens from the ICO project, the bounty members doing KYC is a waste time and not necessary because the token they earned is so tiny than total supply of token.