Tokens sale already started from 1st October and tokens will be available for purchase at exchange till 31st October. IDC already confirmed the listing of tokens.
Thats awesome news. Its a great idea from the team to give more time to investors for the STEO process. Now, investors who want to get DRMR tokens at a good discount could do so. I was a bit worried some people were going to miss the STEO because of the mandatory KYC procedure and the time difference.
Right it's not just ordinary tokens, these are security tokens and investors needs to do KYC at IDCM exchange first. Any idea how much time it takes for KYC approval at IDCM?
The kyc procedure on IDCM exchange does not take too long in most cases. As at the time I did my KYC on the exchange, I remember it took less than 72 hrs before I got the verdict from the exchange. Its possible the time is much lesser, remember there could be excess or fewer numbers of kyc to process, depending on the period.
It's nice to know that the IDCM exchange kyc does not take long. I just completed my registration and would be completing the kyc process later in the day. I heard kyc is mandatory for using the exchange as one would be unable to effect withdrawal without the completion of kyc process
I'm not really a fan of KYC as many takes several hours to days for completion of the process, however, since you've tested it out and confirm that's not that stressful, then i guess i should try, though on the flip side, its part of the process to stay off the issues of the law, especially since things seems to be coming up to speed in terms of regulation