Post
Topic
Board Altcoin Discussion
Re: IEO exchanges not required KYC
by
Rodeo02
on 24/10/2019, 10:52:29 UTC
KYC is not that bad what people try to say. KYC is here to avoid scamming! Once I thought KYC is destroying my privacy. But now I think it is needed to protect a platform from account farmers or scammers. But don't submit your KYC information on a suspicious platform. I have no problem to do KYC in Bittrex but I will think twice to do in Hotbit!

Actually, Kyc does have a good goal, but there are some people who use it to sell their personal data. it becomes a suspicion, therefore if you want to do kyc then you should check the site because personal data is very important
And choose well known exchange before making a kyc its dangerous if you just give your info to new publish exchange without proving there self to be trustworthly .
 There are a good stablish exchange that you can use if you just want to buy an IEO coins.