Post
Topic
Board Altcoin Discussion
Re: The misunderstandings in KYC (know your customer)
by
senin
on 12/03/2019, 20:34:19 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.
Now the big problem is that KYC verification is not used by ICO teams openly and before we join the ICO signature campaign. I personally can not provide some of the required documents regarding the confirmation of residence at the place of registration, as I do not currently live at the address of my registration. Therefore, I must first evaluate whether I can pass the KYC check, since there are no uniform rules for providing information and documents. However, a KYC check is usually carried out after the end of the ICO or the ICO team first asserts that there will be no KYC checks, and then, at the end of the ICO, they declare that they change their mind and such a check will be carried out. This is clearly an uncomfortable position, as they, in fact, force me to work for free.