I did some KYC before when I need to claim my bounty tokens for altcoins. But a bit later on, I stop it due to these risk impose by giving away important documents that we own. Maybe this is the thing I regret doing. Moreover, if your documents falls in the wrong hand then that's could turn into a bloody identity theft.

But I'm indeed do some KYC process on some huge exchange such as Binance. I just hoping this one wouldn't be compromise by hackers and steal some vital info of their users. But probably they will prefer cash over some info right? but they can have both!

KYC purposes for investors are helpful but please if only for campaign purposes. Maybe other's should think twice. I already regret this, and hope new guys, wouldn't easily attracted by free money or it is you would lose more in the end.

Thanks for this informative and clear thread about KYC.