Post
Topic
Board Altcoin Discussion
Re: Am done with KYC
by
jack8989
on 09/08/2019, 04:38:43 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
I think you are unlucky to just participate in bad projects. I have also participated in a number of projects that they want us to provide KYC like TGN, OATH, ... but they are still very successful at keeping prices good.
You should analyze it more carefully before participating in certain projects to minimize risks.