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Quote from: Nathan01 on October 03, 2019, 07:24:33 AM

I'm getting it all twisted. IDCM tweeted yesterday that tokensales is started already. Saw some other place that it going to start at the end of the month.

IDCM tweet https://twitter.com/IDCM_OFFICIAL/status/1179212588682338304?s=19

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.

That's fast I can say. There is one exchange where I did KYC and it took more than week for KYC procedures. Since IDCM is good exchange I can think that my documents will be safe at exchange.

When it comes to the safety of your personal information, I can't guarantee you any exchange considering the incessant issue of hackers on cryptocurrency exchange. Though, I believe that IDCM is Striving to ensure that the platform is free from such issues and ensures that the personal information of users are safe guarded.

Come to think of it, the issue of hackers on exchange platforms is turning to something else. Few months ago we heard of hackers who stole some users personally information from a reputable cryptocurrency exchange platform. It leaves me in awe on what can be done to eradicate this issue from our exchanges.

In my opinion, it could be a good idea for cryptocurrency exchange to start considering outsourcing their kyc verification procedure, in the sense that they make use of a third party company to get the necessary verification they need. This will ensure that the personal information of users of the platform are not held by the exchange and as such hackers cannot take advantage of the information. It c also help to reduce the stress of users having to complete multiple kyc procedures, because the third party companies would save the information on their data base and could use it for different platforms kyc procedures.