I think KYC is becoming increasingly important for the blockchain and everyone seem to take it very seriously I just hope the process wouldn't be as tedious
Its not bad to have kyc. My only wish is that the team should not misuse the data.
Would the KYC be done by BCNEX team of a third party?
As much as I understand the importance of the KYC, I also wouldnt want to give out my personal information to be used with my consent.
The kyc is actually done by Bcnex and I believe the team are aware of the fear of users loosing their personal information to unscrupulous third parties. I suggest that you carry out the kyc and hopefully there will be no cause for regret.