Post
Topic
Board Altcoin Discussion
Re: Am done with KYC
by
Chainsmokers
on 10/12/2019, 16:33:12 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 myself also don't really like the existence of KYC where we have to give our personal information to others who we don't know and don't know who they are. Maybe they can misuse our personal information or maybe not, but surely we think that they will misuse our information and their intention may be only to get personal data from others and not to develop their projects.