Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BCNEX | The Ultimate Blockchain Trading Platform
by
jumiapaul
on 13/04/2019, 12:43:21 UTC

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 wouldn’t want to give out my personal information to be used with my consent.
Almost all exchanges require KYC customers to be able to serve better and I believe this is a reputable exchange so you don't have to worry about security issues. They support everyone very well and all my questions are answered very quickly. In my opinion, BCNEX can be considered the most potential exchange at the moment because their interface is really much better than other exchanges.

I agree with you concerning the fact that kyc is required by almost all exchange, especially the new ones.This is in line with the anti money laundering acts. The kyc is used to ensure that individuals trading with the exchange are known and their identity are available to be disclosed to the government when any need arises.