Post
Topic
Board Altcoin Discussion
Re: KYC should be for big whales
by
profitgenerator212
on 26/05/2019, 14:55:03 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

Well KYC is required for every investor putting money into a cryptocurrency project regardless of how much you intend to invest. It is a statutory requirement needed to checkmate money laundering and the likes