Post
Topic
Board Project Development
Re: Financial value of KYC verification
by
pragna
on 05/05/2019, 15:45:57 UTC
Hello, I would like to ask:
1. For how many dollars could you give someone KYC verification?

2. Do you know what value our KYC has for companies (such as Coinbase), why do they pay for it? They sell them to someone?

Thanks

I don't know about coinbase for selling KYC but i think KYC invented to catch illegal person who doing fraud to another. On the other hand exchanger using KYC that may be government rules of that country as per money londering case. But finally i believe that if you want to bounty or trade or business in crypto currency and if they need KYC you have to pass. Otherwise you are not able to work. So you think what you will do.