Quote from: Zackgeno96 on December 14, 2019, 01:22:03 PM

Quote from: Ambucrypto369 on July 19, 2019, 06:04:06 PM

Is KYC is benefit to crypto people or not. what are the advantages and disadvantages of doing KYC.

Universal money and Anonymous is the biggest strength of btc BTC, now every country follows KYC and then it can be controlled by someone.

Now KYC is trend in crypto market..... Cheesy

KYC is doing more harm than good to the people using crypto as the main motive behind people using Crypto is that they are anonymous and they can surf the internet and pay online anonymously but exchanges requiring KYC are quiet anticrypto as they make crypto centralized and if government asks them to provide information about the people using the exchange then the users are officially screwed.

For as long as they will not require it in any exchange then don't do it, that's why I really love BitForex as they doesn't require KYC, so I am not wasting my time with participating in a bounty that will require KYC, I really don't want to do it, as for me it's just a pure scam at all and they will just take for granted those KYC that they have taken to us.