Post
Topic
Board Altcoin Discussion
Re: KYC should be for big whales
by
samycoin
on 13/03/2019, 23:50:18 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
I think what are you saying now is regulated in every platform in the crypto. And I think there's no excepted for the kyc if you buying large amount or small amount in every exchanges or any platform in the crypto. In my opinion much better to have kyc because its avoiding cheating, scamming etc... But of course find the project that trusted that your identity will not expose to anyone when you pass a kyc.