Post
Topic
Board Altcoin Discussion
Re: Am done with KYC
by
DarkEagleMan
on 07/05/2019, 23:12:20 UTC
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

It is difficult to generalize about it, because not all projects that require KYC are scams, nor all projects that do not require KYC have been successful. However, it is true that we must be very cautious when it comes to providing our online information, although it is really difficult to identify which project will be successful enough in the future to be worth risking to give our personal data. In any case, common sense must always prevail.