Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?
Not really safe there is a big potential that they are going to sell it to the third party, but do we have an option and a choice, you cannot get your bounty stakes, if you do not undergo KYC, you cannot participate in an airdrop without KYC, and you cannot trade your coins if you did not underdo in exchange, it's one of the risks that we have to take.
worse again when the project is over then there are kyc requirements, and for those who don't verify kyc won't get rewards, I have experienced it like that, even though we've worked hard to promote their project. but I am not disappointed, because the rewards calculation that I get a little, so it will be higher risk if we give up identity